Cryptocurrencies pose no threat to financial stability, says ECB
The ECB is also currently not in favor of issuing a central bank digital currency, but is open to exploration due to the evolving digital economy.
Category: Regulations
Crypto exchanges bracing for draconian global anti-money laundering rules: Reports
FATF is on the verge of adopting rules that would require crypto exchanges to share customer information to each other when transferring funds.
News: India’s top IT lobby group wants crypto in central bank’s fintech sandbox
Nasscom said that the other regulators in the developed world such as the United Kingdom permits cryptocurrencies into the sandbox, pointing out that letting them in would allow them to learn about the potential risks.
Facebook Coin to likely bypass Indian regulatory ban on cryptocurrencies: Reports
Will Facebook’s planned digital token, to be reportedly tested in India, violate the Indian central bank’s ban on the use of banking channels for crypto transactions? The Answer is: No.