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Bank of Korea to Launch CBDC Payment Trial in Supermarkets


South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC) trial. Starting in December, 100,000 participants will be part of this test. Retail partnerships...

Crypto for Advisors: Bitcoin and Gold, Stores of Value


The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that, at least temporarily, overwhelms traditional narratives, including the “store of value” concept

Man Pleads Guilty in Meijer Loyalty Program Fraud Case, Forfeits Crypto


Nicholas Mui, 22, from Grand Haven, Michigan, has pleaded guilty in the 17th Circuit Court in Kent County to conducting a criminal enterprise, involving the theft and sale of Mperks account access information. Mui is required to forfeit his computer tower and approximately $630,000 in frozen...

Binance Faces Removal from Google, Apple App Stores in Philippines


The Philippines’ Securities and Exchange Commission (SEC) is working to remove Binance-linked applications from app marketplaces. Apple and Google received separate requests to remove the apps from their stores. The post Binance Faces Removal from Google, Apple App Stores in Philippines appeared...

Rise in Number of French Stores Accepting Bitcoin


A growing number of French stores are accepting Bitcoin as a form of payment – ranging from large shopping malls to traditional restaurants. The fast-growing group now includes Bouchon-comptoir Brunet, a Lyon-based bouchon – a type of eatery specific to the Lyon area. The restaurant became...

UK Regulator Issues 146 Crypto Alerts Within 24 Hours


British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines, domain name registrars, and payments firms...

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