Tag: Countries

Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report

Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report During the month of April, the blockchain project Onfo initiated an experiment to see how fast crypto assets can gain popularity in four different countries. The team’s findings discovered that cryptocurrencies spread four times faster in developing nations as opposed […]

9 Countries Show Huge Growth in Cryptocurrency Interest: Coinmarketcap

9 Countries Show Huge Growth in Cryptocurrency Interest: Coinmarketcap Coinmarketcap has revealed the top countries with the largest increase in the number of users. One segment shows the countries with the most user growth in the first quarter include India, Pakistan, Colombia, Canada, and Nigeria. The countries with the most […]

10 Countries Actively Regulating Cryptocurrency Despite Global Crisis

10 Countries Actively Regulating Cryptocurrency Despite Global Crisis Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: […]

IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed

IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the […]

G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards

G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by […]

Japan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries

Japan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries Japanese Minister Naokazu Takemoto and Philippine Cabinet member Raul Lambino of Crypto Valley of Asia recently met to discuss Asian countries’ crypto regulations. They urge the Philippine Congress to introduce legislation on cryptocurrencies and security tokens, calling for cooperation among […]

EU Countries Commence Crypto Regulations as Mandated by New Directive

EU Countries Commence Crypto Regulations as Mandated by New Directive The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. Also read: […]

FATF Starts Checking How Well Countries Implement Crypto Standards

FATF Starts Checking How Well Countries Implement Crypto Standards The Financial Action Task Force (FATF) has agreed on how it will assess whether countries have taken the necessary steps to implement the crypto-related requirements. “Given the global nature of the virtual asset industry, it is essential that countries implement these […]