The ECB’s Panetta deems a digital euro crucial to make sure the dominance of central financial institution cash

ECB board member Fabio Panetta mentioned a digital euro was wanted as individuals are more and more turning to digital currencies and there’s a risk that money will someday run out. Panetta, who leads the ECB central financial institution’s digital foreign money challenge, mentioned in an interview with Les Echos that in such a situation, … Read more

Japan to implement anti-money laundering guidelines for crypto: report

Japan will introduce strict anti-money laundering guidelines on cryptocurrency transactions from June 1, the Southeast Asian nation’s cupboard selected Tuesday, in response to a report by native information media Kyodo Information. See associated article: Crypto’s aversion to anti-money laundering requirements solely does itself a disservice Quick details Japan will introduce “journey guidelines” set by the … Read more