The Bank of Canada carried out serious research in the field of blockade technology, Bitcoin networks and the use of digital currencies. Not so long ago, a team of researchers from the central bank published a report titled “Canadian Bank Notes and Dominion Notes: Lessons for Digital Currencies”, which addresses all issues regarding private and public currency. As you know, the Canadian central bank tested its own prototype called Project Jasper. Last summer, the chief deputy governor, Carolyn Wilkins, shared information that the project involved a network of Canadian banks and the blocking consortium R3. A recent report titled “Lessons for Digital Currencies” contains considerations by researchers from the central bank. They believe that the only way to support digital currencies is through regulatory policies.
Confusion and uncertainty are looming over the legal status of cryptocurrency in one of the main markets – South Korean. For a long time there were rumors that the country is preparing to tighten regulation, and even about the alleged future closure of crypto-instruments. Koreans stepped up and in a matter of days collected more than 250 thousand signatures to the petition against the prohibition of trading in crypto currency. The official response of the authorities has not yet come. It is only known that by the end of this month, the requirement for Korean traders to use real names when opening a crypto-trader account will come into force – the prohibition of trading does not go speech.
Meanwhile, the Ministry of National Defense of South Korea began blocking access to crypto-exchange exchanges at military bases. It is not yet clear whether this is a private case or similar measures will take a mass character.