According to a recent survey, South Korea is the most advanced country in terms of cryptocurrency awareness and adoption among its citizens. But the local financial regulator has moved to prohibit ICOs and bitcoin futures trading. … [Read more...] about South Korea bans ICOs and bitcoin futures despite high adoption among citizens
The Philippines could legalize digital currencies as securities
According to the Philippines' Securities and Exchange Commission (SEC), regulators are taking steps that could legalize the use of cryptocurrencies in the country by classifying them as securities. … [Read more...] about The Philippines could legalize digital currencies as securities
Bitcoin adoption grows rapidly in Japan
Despite some governments' efforts to play down the importance of cryptocurrencies, Japan legalized bitcoin as a legal payment method in April 2017. There's been a lot of progress since then. … [Read more...] about Bitcoin adoption grows rapidly in Japan
Australia is among leaders in bitcoin adoption
Australia has taken a lead among countries that are most open to cryptocurrency adoption. … [Read more...] about Australia is among leaders in bitcoin adoption
Bank of Portugal official does not consider bitcoin as a currency
Helder Rosalino, a member of the board of directors at the Portugeese central bank, told media outlet Economia Online that the Bank of Portugal regards cryptocurrencies, like bitcoin, with caution and concern. … [Read more...] about Bank of Portugal official does not consider bitcoin as a currency
Indian central bank opposes cryptocurrencies, but positive on blockchain technology
The Reserve Bank of India (RBI) is not likely to allow bitcoin use in the country. … [Read more...] about Indian central bank opposes cryptocurrencies, but positive on blockchain technology
President of Turkish central bank is positive about cryptocurrencies
"Digital currencies, if well designed, could contribute to financial stability," said President of the Central Bank of Turkey (CBRT), Murat Cetinkaya. "CBRT closely monitors the developments in the digital economy and formed a group of market participants, policy makers and regulators to work on digital money." … [Read more...] about President of Turkish central bank is positive about cryptocurrencies
Iran to prepare bitcoin infrastructure
Iran's Deputy Minister of Communications and Information Technology, Amir Hossein Davaee, said the Iranian government is ready to adopt bitcoin for use inside the country. … [Read more...] about Iran to prepare bitcoin infrastructure