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As we speak, the island of Malta’s PR machine is in overdrive. Late last month, the Maltese Parliament unanimously voted into law three cryptocurrency and blockchain bills, creating a comprehensive legal framework in support of the industry.
On April 5, the Reserve Bank of India (RBI) barred regulated entities from working with businesses or individuals dealing with cryptocurrencies. However, the RBI also addressed the possibility of a central bank digital currency.
Four Members of the European Parliament (MEPs) are striving to ensure the EU’s digital and blockchain expertise is satisfactory, including asking for clarification on digital strategy and the work of the EU Blockchain Observatory and Forum.
Illinois House Bill 5553 missed a committee deadline. The bill would have specified what restrictions could or could not be placed on blockchains, and would have prohibited local governments from taxing them.
The Oxford-affiliated creators of Woolf, a blockchain-based university, hope to address a number of issues plaguing academia, including high costs, large class sizes, and an overly saturated job market.