Brookings Panel: Digital Currency Implications For Central Banks

The European Parliament voted strongly in favor of regulations, which would deter cryptocurrency-based money laundering and terrorism financing.

As the Ethereum community debated a proposal to fork the network in order to unfreeze Ether tokens locked in some Parity wallets, developer Alex Van De Sande wrote a blog post arguing that any contentious hard fork would hurt the network. Along those lines, he advocates for finding a solution to the problem of the frozen tokens so that the parties which lost access to them are incentivized to continue supporting the current version of the Ethereum blockchain.

Russia’s proposed state-issued digital currency is coming, according to one of the country’s legislators. However, with SWIFT indicating that it has no plans to stop servicing Russian banks, it’s unclear whether another Russian proposal, for a payments network that would include it and several nearby countries, will continue to interest policymakers.

Information surfacing from a blockchain event in London suggests the EEA will soon release blockchain standards for the growing ecosystem.

When you’re going into business, it’s good to have the regulators on your side.

In order to circumvent sanctions against Russia, a cryptocurrency fund may be established in Crimea, where a high-ranking Russian legislator has also discussed establishing a so-called “cryptocurrency haven.”