Tag Archives: Gov’t

China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder

Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed a state-backed cryptocurrency known as DC/EP (DC- Digital Currency, EP – Electronic Payments) that could be unveiled in November. Continue reading China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder

‘Super Interesting’ Bitcoin Needs US Govt Backing Before We Support Crypto: Goldman Sachs

Goldman Sachs is waiting to throw its hat in the cryptocurrency ring until the U.S. government gives the asset a thumbs-up,
American Banker reports. At the DTCC conference this week, Martin Chavez, global co-head of the securities division at Goldman,
outlined that we shouldn’t expect to see the investment bank get more involved with crypto until it has solid backing. Continue reading ‘Super Interesting’ Bitcoin Needs US Govt Backing Before We Support Crypto: Goldman Sachs

Irish Gov’t Approves Anti-Money Laundering Bill Affecting Cryptocurrency

The Cabinet, the executive organ of the government of Ireland, has approved a bill that would give effect to the European Union (EU) Fifth Anti-Money Laundering (AML) Directive, the Irish Times reported Jan. 3. Continue reading Irish Gov’t Approves Anti-Money Laundering Bill Affecting Cryptocurrency