The European Parliament has proposed the establishment of a dedicated regulatory body which can ensure that any slips or loopholes in the crypto rules and governance aren’t exploited.
Soon after Bitcoin Cash, the Bitcoin SV network has also undergone halving reducing the mining rewards to 6.25 BSV. Besides, after the halving, the hashing power of the network has also reduced significantly.
The Chinese central bank has reportedly accelerated the development of its Digital Yuan and could be released by the end of 2020.
At the block height of 630,000 the Bitcoin Cash blockchain network underwent the halving reducing miner rewards from 12.5 BCH to 6.25 BCH.
With its pilot program, the Bank of Korea is preparing itself with its central bank digital currency (CBDC) pilot program starting last month.
The Spanish Tax Agency has started sending notices to nearly 66,000 investors all across the country to report their crypto earnings and resultant tax payments.
As per its Recommendation 15, the FATF said that U.S’s compliance is fine with its banking rules, regulatory laws, and other evaluations around digital assets.
While the global markets were crashing, Bitcoin failed to hold its status as a “safe haven” for investors.
The country’s biggest bank KB Kookmin has recently filed an application to provide cryptocurrency custodial services for Bitcoin and Ethereum.
The tech giant has proposed developing sensors which can derive energy from specific human activities like exercising and other things.