According to internal sources, Facebook is working on a stablecoin with its initial focus to launch in India considering its huge remittance market.

The UpBit officials have been accused of getting involved in wash trading while making bogus orders worth billions of dollars.

Two congressional representatives have introduced a new bill that promises to bring regulatory clarity in a sector that faces a lot of uncertainty. Token Taxonomy Act is the name of the new bill that promises to add a new definition for digital tokens under security laws.

The Chinese central bank, through the Digital Currency Research Institute, is reportedly ramping up the development of the CBDC Yuan, by hiring blockchain experts, and filing infrastructure patents.

The French National Assembly has recently disapproved several amendments that aimed at lowering taxes on capital gains made through crypto transactions.

The U.K government has moved to generate some revenues from the booming cryptocurrency sector. Her Majesty’s Revenue and Customs, has unveiled a new set of tax measures that will govern the burgeoning industry.

The Egyptian Central Bank is currently conducting a viability study, to determine whether a CBDC currency would be beneficial to its economy.

Atari and Animoca Brand have once again reaffirmed the fact that blockchain has a role to play in the gaming industry. The two have joined forces as they seek to create a blockchain version of Rollercoaster Tycoon Touch and Goon Squad Games.

Leads the way in ensuring a regulated future for cryptoassets

Transnistrian government is actively promoting itself as a paradise destination for cryptocurrency miners, given its relaxed legislative framework, cheap electricity and government incentives.

The Switzerland Government is devoted to making sure that its blockchain and crypto regulatory framework is updated, and capable of sustaining the developing fintech economy.

Coinbase customers can easily convert their token holdings among the seven cryptocurrencies supported by the exchange.

Bloomberg reviewed Tether’s banks statements for different time periods which shows that it accounts always had equal to or more amount of fiat cash that the circulating USDT tokens.

Equity firm GSR Capital joins a growing list of companies that have taken a keen interest on smart contracts, a key innovation of blockchain technology. The firm has consequently engaged the services of tZERO, a subsidiary of Overstock.com.

The newly drafted report from the FSA is most likely a definitive stance which touches down regulatory measures across different business verticals in the crypto space.

Donald Trump appoints crypto and blockchain-friendly Mick Mulvaney as the new Chief of Staff starting 2019.

Hong Kong’s top regulator SFC has issued new guidelines for investment funds, exchanges and traders with significant crypto exposure, addressing concerns relating to crypto crime.

A Barclay’s representative raises pertinent issues regarding the status of blockchain today and its main challenges. He calls out regulatory compliance and compliance to GDPR norms.

The SEC official said that some crypto projects can obtain a no-action letter from the regulator to bypass SEC’s registration requirements.

As Bitcoin completes a year after attaining its all-time high in December 2017, here’s a look into its journey this year, so far.