Lately, it seems that most major national banks are toying with the notion of a national digital currency. France is conducting tests of its own now, and it could pave the way for a digital euro. What will France’s experiments involve, and how will they affect the crypto ecosystem? Here’s what is known so far. According to a document it published on March 30, the Bank of France is on the hunt for a central bank digital currency that can ease interbank settlements. To find one, the institution...

As the world’s supervisory agencies start to heed the crypto guidelines of the Financial Action Task Force, a new regulatory landscape is taking shape within the crypto industry. The latest country to annex the FATF directives is Canada, but how will the new rules impact crypto business in the country? In a report released March 10, the Financial Transactions and Reports Analysis Center of Canada, or FINTRAC, unveiled plans for an “enhanced AML regime.” Come June 1, 2020, FINTRAC will treat...

The right to privacy is a fundamental prerequisite for peace of mind and security. The idea that only criminals have something to hide is strange. Contrarily, privacy is sought by almost everyone. Yet, it still gets stigmatized as suspicious — reserved solely for criminals or deviants. Similarly sharing this unjust scrutiny are cryptocurrencies, which are — rather ironically — branded as a tool for felons, based largely on their anonymous hallmarks. However, no cryptocurrency is as disparaged...

The US Securities and Exchange Commission (SEC) looks to evaluate plans which would make it easier to bring new exchange-traded funds (ETFs) to market. Typically, an ETF needs specific permission from the SEC which usually includes a long wait and a large amount of money before formally approved. These proposals will effectively streamline what has been dubbed by the SEC itself as “unnecessary regulatory burdens”. Most notably, these proposed rules will apply to both existing ETFs and all...

The company behind the creation: Bichip, state that their human implant is the first and only distance readable human microchip with internet connectivity. Originally designed to store medical data, drivers license and passport details, the newest upgrade now allows for the safe storage of cryptocurrency. Currently, the only cryptocurrencies compatible with the microchip is XRP and Bitcoin. The Bichip's payment system utilizes Ripple technology allowing users to bypass traditional bank...