The Central Bank of Russia has released a new regulatory sandbox allowing local businesses and organizations to digitize their products, services, and other assets.

Everyone is closely monitoring the Bitcoin price swings as we approach closer to the Bitcoin halving event scheduled in May 2020.

These national banks have partnered with Ripple and will be using its xCurrent payments solutions for facilities its customers instant and cheaper global transactions.

The Fed Chairman Jerome Powell acknowledged that cryptocurrencies and blockchain play a crucial role in global economy and that the U.S. is also working on such projects.

Over 40 financial institutions have approached Germany’s financial regulator BaFin for getting a license in offering crypto-related custodial services.

The Ukrainian government doesn’t find the necessity to regulate mining activities and said that the blockchain industry is robust to self-regulate them.

China’s Bitcoin mining industry is facing severe consequences of the Coronavirus outbreak as mining manufacturers are forced to delay their hardware production. This is likely to impact the Bitcoin mining halving event scheduled in May 2020.

The Ethereum price movement shows a convincing uptrend. Significant developments in the ETH 2.0 is bringing it closer to reality.

A report released by Gartner Research shows that smart contracts will improve the data quality by 50% by 2023 thereby helping organizations to make better decisions.

Leaders of Bermuda think that having a right cryptocurrency framework in place will help them create a strong bond with other global economies.

Grayscale Investments have extended an additional 2-year support for the Ethereum Classic project up to the end of 2021. The ETC price has tripled since the beginning of 2020.

Legendary K-Pop artist Mr Jung Won-Kwan added to the advisory board of Blockchain ticketing project GET Protocol.

Following global developments, India’s top blockchain body recommends having a national cryptocurrency administered by its central bank.

Deutsche Bank believes that digital currencies have the potential to radically change the financial payments and banking industry.

The Japanese policymakers said that its CBDC - the Digital Yen - will be a joint project between the government and private companies.

The CBDC framework and toolkit allows central banks to test CBDCs at their end y weighing both - the pros and the cons - of this market.

The Reserve Bank of India has clarified its stand on the ban of digital currencies. Holding digital currencies is not illegal, however, regulators can’t indulge in those activities.

Six central banks plan to explore the use of digital currencies while working with the Bank of International Settlements.

South Korea has said that it will consider introducing 20% tax considering crypto profits as capital gains. The tax will be introduced in the first half of 2020.

The cryptocurrency market has given an excellent response to the start of 2020 as Bitcoin and many other altcoins are showing formidable price gains just in the first month.