Tag: Sector

China Adopts Security Standards for Blockchain Applications in the Financial Sector

China Adopts Security Standards for Blockchain Applications in the Financial Sector Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in the financial sphere. The new standards, the first of this kind, are to guide […]

US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector

US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector Financial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly […]

US Government Worried Crypto Can Shift Power to Private Sector

US Government Worried Crypto Can Shift Power to Private Sector Cryptocurrency is one of the top issues for the U.S. Treasury. Particularly, the Treasury is worried decentralized cryptocurrencies can shift some functions away from the government to the private sector and raise the issue of self-government, according to Deputy Secretary […]

Dutch Central Bank Prepares to Start Regulating Crypto Sector

Dutch Central Bank Prepares to Start Regulating Crypto Sector The central bank of the Netherlands is preparing to supervise the country’s crypto sector. The bank has requested crypto exchanges and wallet providers to come forward and submit some information. Once the law takes effect, these operators will be required to […]

FATF to Release New Rules for Global Crypto Sector, Impacting Exchanges, Funds, Custodians

FATF to Release New Rules for Global Crypto Sector, Impacting Exchanges, Funds, Custodians On June 21, the Financial Action Task Force will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector Cointelegraph.com News

Why the Energy Sector Meets the Conditions for Decentralization

Why the Energy Sector Meets the Conditions for Decentralization The following piece on decentralizing the energy sector was written by Richard Lohwasser, who holds a PhD in energy economics and is the CEO of Lition. He was previously a strategy consultant for McKinsey and director of Vattenfall. Lohwasser was also Managing […]