Japan’s cryptocurrency regulation teaches lessons bitcoin and blockchain usage
Japan was the first country to regulate cryptocurrency exchanges in June of 2017. Regulation is key to building trust if Japan hopes to be The New Heart of Bitcoin. Japanese money exchangers have processed 669 Suspicious Transaction Reports, STRs, proving that crypto regulation is possible and can be effective. After eight months, the results are in. The data reveals that crypto represents only .16% of the countries money laundering activities. more
First Presidential Cryptocurrency Blocks Venezuela’s Petro
Monday, March 19, 2018, President Trump issued the first presidential cryptocurrency order showing that this administration won’t allow cryptocurrencies to evade sanctions. According to Time magazine, Russia played a key role in helping Venezuela to launch the Petro coin and ICO to help the country avoid US economic sanctions.