Germany Passes National Policy to Explore Blockchain But Limit Stablecoins
Germany's cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook's Libra.
The Swiss Federal Council has adopted a revised proposal to remove legal hurdles still holding up blockchain innovation, and will pass the legislation to the parliament.
The accounting giant is using blockchain tech to assist governments in improving transparency and accountability in the management of public funds.
Around 70 politicians from Japan's ruling Liberal Democratic Party plan to propose the nation issue its own digital currency.
The government-backed program will bring trade and contract data into distributed ledgers.
A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.