Crypto Law

During a virtual seminar earlier this week, deputy governor Kuben Naidoo revealed the South African Reserve Bank’s plans to proceed with crypto regulation. Naidoo says the bank rather sees cryptocurrencies as "assets" rather than as conventional currencies. The institution will roll out somewhat crypto-friendly laws within the next 12-18 months. Crypto Adoption in South Africa South Africa’s crypto community is thriving significantly. According to research from exchange Luno, roughly 13% of the nation’s residents hold digital assets of some kind.…

Cardano Founder Charles Hoskinson has shared details of a week-long trip to Washington D.C, where he met with US lawmakers to discuss crypto-related policies. In a Youtube video, Hoskinson related his conversations which he says are another step towards changing how regulatory entities view the crypto industry. Crypto Policies in Need of Major Work Charles Hoskinson has reportedly spent the past few days mulling over the best course for regulation. In fairness, Hoskinson has always pushed clarity in government interactions…

On Wednesday, Washington state Governor Jay Inslee signed off on a new crypto-positive law.  The law details plans to see blockchain technology further incorporated into the state’s financial sector. Open to New Developments The bill first appeared before the senate in 2019 when Republican Senator Sharon Brown submitted the original proposal. Supported by the WTIA, the proposal was crafted to help establish Washington as a significant leader in blockchain tech. In  the past years, WTIA and Senator Sharon remain the…