PYMNTS

APRIL 1, 2020

Spending at darknet markets declined during the past two months even with a drop in the price of the digital currency, per Chainalysis data, as the coronavirus pandemic has impacted every part of the global economy, CoinDesk reported. Darknets are websites that facilitate the sale of products such as counterfeit currencies.

Bitcoin

PYMNTS

NOVEMBER 4, 2016

Suspicions, backlogs and new competition threaten to throw some digital wrenches in continued growth. ” CryptoCoinsNews also reported that a digital currency pyramid scheme in Vietnam led the government to, once again, warn against its citizens using bitcoin. Bitcoin’s reputation caused an upset in Vietnam this week.

Bitcoin

PYMNTS

JULY 7, 2019

is falling behind: Japan and Switzerland have developed legal frameworks that have attracted cryptocurrency projects and investment. The growth of digital currencies face more than regulatory challenges, the Journal noted, saying “bitcoin has struggled to gain traction beyond a core group of techies.

Regulations

PYMNTS

FEBRUARY 6, 2020

The proposal is meant to create a legal framework for that process, and to allow the tokens to be sold under current securities laws. Recently, ICOs have been a highly successful way for companies in the crypto field to raise millions of dollars without being subject to the oversight of regulators.

Laws

PYMNTS

JUNE 27, 2016

The latest conversation among Japan’s Liberal Democratic party surrounds plans for bitcoin and other digital currencies to be treated equally to any other currency. Positioning a legal framework around bitcoin could also help establish an infrastructure to bring bitcoin into Japan’s mainstream financial ecosystem.

Bitcoin

The Paypers

DECEMBER 14, 2020

Bank of France Deputy Governor has presented the progress being made with the central bank digital currency (CBDC) and touched upon possible regulatory changes and the legal framework.

CBDC

The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). The platform now invites further international participation and private sector proposals for value-added solutions.

Participant

The Fintech Times

MARCH 23, 2024

“Digitisation, automation, digital currencies and payments, AI as well as the pandemic all have changed the face of the UK economy,” she says. “We need to expand our secure data highways from open banking to all other areas of the economy to create true value of data and data sharing.”

Economy

Global Fintech & Digital Assets

FEBRUARY 26, 2024

In addition, the prudential treatment of central bank digital currencies (CBDCs) is excluded from this new standard, which is consistent with the expectation that CBDCs will be treated in the same way as ordinary money. In addition, the applicable legal frameworks must ensure settlement finality in both primary and secondary markets.

Consulting

Finextra

JUNE 30, 2025

MiCA does not cover central bank digital currencies (CBDCs), but it allows regulated financial institutions (e.g. Banks in the EU now have a legal framework to engage with stablecoins in a compliant way. They must hold full reserves, meet transparency requirements, and be authorized by financial regulators.

Stablecoins

Fintech News

JANUARY 8, 2025

The initiative, announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, aims to allow foreign visitors to make payments using Bitcoin and other digital currencies, offering a seamless alternative to cash transactions. If successful, it could pave the way for broader adoption of digital currencies across the nation.

Legal Framework

Fintech News

FEBRUARY 23, 2025

Financial security concerns have prompted the Ministry of Finance (MoF) to express caution regarding the proposed pilot program for digital currency and asset transactions in Vietnam’s emerging financial hubs.

Transactions

Fintech News

MAY 29, 2025

While jurisdictions like Japan, Singapore, and Hong Kong are actively developing regulations, others like China and India are taking a restrictive stance, favoring central bank digital currencies (CBDCs) over private stablecoins. Singapore leads in stablecoin adoption Singapore is a regional leader in regulated innovation. million).

Stablecoins