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HSBC Closes Account Used to Support Hong Kong Protesters


For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...

South Korea to Make Government-led USD 383m Blockchain R&D Drive


The South Korean government will stump up USD 383 million worth of funding for Seoul-led blockchain research incentives over the next six years. Per a report from ZDNet Korea, the country’s Ministry of Science and ICT plans to utilize the funds to develop original blockchain technology, with...

Binance Acquires Major Indian Exchange Wazirx – CEO Explains the Changes


A major Indian cryptocurrency exchange, Wazirx, has been acquired by Binance. News.Bitcoin.com talked to Wazirx CEO Nischal Shetty to find out the implication of this acquisition and the changes users in India can expect. Meanwhile, the “India Wants Crypto” campaign to bring about...

French Government is Actively Working With Tezos Smart Contracts


Tezos has been the first blockchain to be utilized for operational purposes by a public establishment. Moreover, the French Army has been using blockchain to approve its judicial expenses using a smart contract. In a recent declaration, it has presently emerged that the French government has been...

US to Strictly Enforce Crypto Rules Similar to FATF Guidelines


The U.S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies. Meanwhile, the Federal...

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