Jordan Approves Blockchain Policy to Transform Government Services

Jordan Approves Blockchain Policy to Transform Government Services

Jordan’s Council of Ministers has given the green light to the Jordanian Blockchain Technology Policy for 2025. This move aims to revolutionize government services while enhancing transparency and digital security. The policy focuses on building trust in government systems and ensuring complete privacy and security for citizens’ data.

By integrating blockchain, Jordan plans to cut the time and costs tied to government transactions. The policy also supports the growth of start-ups, develops specialized skills, and builds capabilities in blockchain technology. It aligns with the country’s Economic Modernization Vision, which emphasizes improving service sectors, boosting national development, and increasing service exports.

With blockchain at its core, Jordan aims to increase confidence in government services, fight fraud, and lower operational expenses—all while fostering a tech-forward ecosystem.

EU’s MiCA Crypto Regulation Now Fully in Effect Amid Jordan Saga

The European Union’s groundbreaking Markets in Crypto-Assets (MiCA) regulation is now fully in effect as of December 30. This makes the EU the first major region to roll out a comprehensive crypto regulatory framework.

Approved in April 2023, MiCA creates unified rules for crypto issuers, platforms, and service providers across the EU’s 27 member states. It covers various digital assets, from Bitcoin and utility tokens to asset-referenced tokens (ARTs) and electronic-money tokens (EMTs). The regulation aims to address gaps in older financial laws and ensure consistent standards for crypto operations across Europe.

Some provisions, like those for ARTs and EMTs, went live earlier this year. Now, the full regulation is active, bringing transparency and accountability to the rapidly evolving crypto market.

As the EU leads the way in crypto governance, attention shifts to the United States. President-elect Donald Trump has vowed to make the U.S. the “crypto capital” of the world during his second term, set to begin in January 2025.

These two milestones highlight how countries and regions are leveraging blockchain and crypto regulations to transform services and lead in the digital economy.

Disclaimer
The information provided in this article is for informational purposes only and reflects the author’s opinion. It should not be construed as financial, legal, or investment advice. The cryptocurrency market is volatile and carries risks. Please conduct your own research before making any decisions.

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