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Chinese Blockchain Project BSN Launches New Portal in Turkey and Uzbekistan

Chinese Blockchain Project BSN Launches New Portal in Turkey and Uzbekistan
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Cyprus Government Set to Draft Crypto Regulatory Bill

Cyprus Government Set to Draft Crypto Regulatory Bill
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Thailand SEC Allays Fears Over Controversial Crypto Proposal


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Adeniyi Olowoporoku
on
March 2, 2021 Regulation
Thailand Securities and Exchange Commission (SEC) has allayed concerns regarding some of the requirements in its crypto proposal draft plan. This was in response to the uproar from crypto stakeholders about certain aspects of the proposed crypto framework. 
Thai SEC Responds to Crypto Regulatory Controversy
The crypto proposal draft released in February had suggested that new crypto investors must possess a minimum of 1 million baht annual income, a minimum age limit, and proven trading experience. The proposal had drawn criticism due to the excessively high standards for crypto trading, limiting low and middle-income earners from investing in cryptocurrencies.  ....

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Central Bank of Ghana Launches Regulatory Sandbox Pilot for Blockchain and Financial Projects

Central Bank of Ghana Launches Regulatory Sandbox Pilot for Blockchain and Financial Projects
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Belarus Government Could Consider Exploring Crypto Mining Says Energy Minister


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Adeniyi Olowoporoku
on
February 26, 2021 Regulation
The Belarus government is exploring the prospects of tapping into the crypto mining industry to utilize its excess energy supply. 
Crypto Mining on The Agenda
Belarus Energy minister Vikto Karankevich confirmed this development during a meeting with other energy stakeholders in the country. When quizzed on the prospects of using the country’s energy reserves to mine cryptocurrencies. Karankevich was positive with his reply and stated that the government was looking towards creating mining farms. 
He further commented that other countries globally had developed mining industries successfully. “China mines the most bitcoin. Most of the world’s largest mining pools are located in this country. It accounts for 65% of the total network capacity. Mining farms are also developing in the USA, Canada, Russia, and other countries”. ....

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