No formal decision has yet been taken whether to issue the central bank digital currency (CBDC), but the European Union is already considering how to tie payment innovations to anti-money laundering rules, both for the digital euro and private cryptocurrencies, such as bitcoin.
China’s Leading Blockchain Advocate Faces Investigation
Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The...