Daily Archives: 16/03/2021

Central Bank of Jamaica will launch its own digital currency in 2022

  The central bank of Jamaica plans to begin testing the state digital currency in December, with a launch scheduled for next year. This was announced by the Minister of Finance of Jamaica Nigel Clarke (Nigel Clarke) during a speech at the annual meeting of parliament, which discussed issues related to the state budget. The Jamaican government believes it is necessary to accelerate the transition to digital currency for a more effective economic recovery after…

DC Comics May Enter Collectible Token Market

DC Comics May Enter Collectible Token Market DC Comics, one of the largest and most popular comic publishers, may launch its own collection token (NFT) lines based on popular comics. The letter from DC Comics’ Legal Department emphasizes that the publisher’s employees and contractors must respect the copyright of DC Universe characters when issuing NFT tokens. “DC is exploring the possibility of entering the collectible token market for the release of digital works with NFT…

CryptoUK urges UK Treasury to expedite registration of companies with FCA

The CryptoUK Digital Asset Trading Association has called on the UK Treasury Secretary to act on delays in the registration process for startups with the Financial Conduct Authority (FCA). CryptoUK is a self-regulatory association established in 2018 and representing over 50 companies in the cryptoasset industry. In a letter to UK Treasury Secretary Rishi Sunak posted on the CryptoUK website, Group Chairman Ian Taylor said the UK is “missing an important opportunity.” Cryptocurrency companies trying…

India may be criminalized for holding cryptocurrency

An anonymous senior official from the Indian government said that the country could soon pass a law banning not only the circulation, but the storage and transfer of cryptocurrencies. A senior Indian official told Reuters that a bill to completely ban cryptocurrencies in the country is likely to be passed shortly by the government of Prime Minister Narendra Modi, which controls the majority of votes in parliament. The bill criminalizes the possession, release, mining, trading…