The HMRC has updates rules and taxation structure for individuals and businesses involved in activities of crypto buying, selling, payments, or other transactions.

The ICE chief added that Bitcoin’s use in daily transactions of goods and purchases will help it to establish its status as a store-of-value or digital gold.

The private banking members said that while digital currency is next big revolution, the transformation should be swift and not endanger the existing monetary system.

A survey carried out by IMB and the OMFIF shows several interesting findings regarding the future of CBDCs, from the perspective of central banks.

China passes law on state-sanctioned cryptocurrencies, in preparation for the digital Yuan. Similarly, the nation has shown interest towards the development of blockchain technology.

Bakkt’s crypto consumer app will offer a seamless interface to let its users spend their digital assets at different merchant locations.

A congressional official said that China’s national digital currency DCEP will be the first stabelcoin issued globally by a central bank.

The president said that China should double-down on its strong foundation in the blockchain space and take a leading position.

Citing investors demand and feedback, Bakkt has launched its first regulated Bitcoin options contract which will start live trading in December 2019.

While Facebook’s Mark Zuckerberg was addressing lawmakers’ concerns during a Congress testimony, the Bitcoin price crashed more than 5%.

The U.S. representative from Texas has submitted a new legislation asking lawmakers to regulate stablecoins under the Securities Act of 1933.

The CFTC chairman Heath Tarbert said that Ethereum Futures could arrive in next six-twelve months. The approval to it will be subject to the applications received by the agency.

The 18th million bitcoin has recently been mined. In this article, we explore the future of the cryptocurrency, while also discussing the upcoming block reward halving.

The FATF said that stablecoins could turn to be potential tools for terror funding and money laundering activities and hence require due attentions of all its member nation before using them.

The Cambodia’s Central bank has also partnered with the Malaysian bank Maybank to see how the two bank’s respective digital platforms - Bakong and Maybank2u - work effectively and seamlessly to reduce remittance fees.

FED official Rob Kaplan said that if other forms of digitized cash were to gain massive adoption, the U.S. Dollar will be at the risk of losing its status as the world’s reserve currency.

Bank of Canada is reportedly working on the research and development of a CBDC that would help replace banknotes while tracking users’ spending.

Leveraging the power of blockchain, the South Korean government plans to cut down the cost of its trade finance activities by 90%.

In its letters, the G7 said that although stablecoins can scale quickly, they prove to be very detrimental if investors lose faith in them. In such case they can severely jeopardize the global financial stability.

Russia reportedly plans to introduce an all-inclusive regulatory framework for cryptocurrencies by the 1st of November.