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Hyundai Blockchain, Crypto Affiliate to Spend USD 10m + Launch Mainnet


Hdac, the blockchain and cryptocurrency arm of business conglomerate Hyundai, says it will invest USD 10 million in the industry – using the money to pay for a mainnet, dapps (decentralized apps) services, fund startups and create a “cryptocurrency compensation system”-powered token ecosystem. Hdac...

Crypto Outpaces Political Donation Laws in Japan


A major Japanese news publication has reported that crypto donations to individual politicians are legal and do not need to be reported publicly as donations. Japan’s Ministry of Internal Affairs and Communications verified that even though it is illegal to donate cash or securities directly...

Liechtenstein Adopts Token Act to Attract Crypto Business


One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely...

Imagine Separation of Money and State: 6 Crypto Experts Weigh In


Imagine a state in which neither the government nor the Central Bank control money. What does it look like? How does it function? What issues does it solve, and what issues does it face? These are certainly not easy questions to answer, but we’ve recently had a chance to hear the thoughts of some...

Paypal Exits Libra – Mastercard and Visa May Follow


Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...

This is Where STOs are Ahead of the Rest Crypto Industry


The digital securities industry is already ahead of the rest crypto industry in terms of KYC (know your customer) processes, so the impact of the so-called Travel Rule should be minimal, Carlos Domingo, founder and CEO of security token platform Securitize, told Cryptonews.com. As a reminder,...

Bank Raided, Arrests Made but RBI Still Restricts Withdrawals


The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...

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