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The DeFi Sector Is Breaking The Law - It’s Time to Act
5.9.2020
The decentralized finance (DeFi) sector continues to boom, with over USD 8bn in total assets locked into the ecosystem’s various platforms. The bigger it gets, the more regulators are likely to take notice of it, with crypto-focused lawyers warning that now’s the time to begin considering what...
South Korean Central Bank Turns to Private Sector for CBDC Help
31.8.2020
South Korea is a step closer to welcoming a central bank digital currency (CBDC), with design and implementation reviews complete – and private companies now set to get involved.
Per reports from Seoul Kyungjae and Chosun, the nation’s central bank, the Bank of Korea (BOK), now says it wants...
Venezuela Blocks Opposition From Disbursing $18 Million To Health Workers via Bitcoin Exchange Airtm
25.8.2020
Venezuela has blocked the main opposition from distributing $18 million worth of cash previously seized by the U.S. from the Nicolas Maduro government. The money is being dished out via peer-to-peer (P2P) crypto exchange Airtm to 62,000 healthcare workers starting Monday. However, it is not...
South African Regulator Pressures Bitcoin Investment Company, Urges Clients to Request Refunds
19.8.2020
An embattled bitcoin investment company, Mirror Trading International (MTI)’s troubles took another twist August 18 after the South African regulator, Financial Sector Conduct Authority (FSCA) said that it is investigating the investment company. MTI’s latest conflict with the regulator...
Out With the Old: Blockchain to Bring Transparency to Recycling Sector
11.8.2020
Recycling companies can leverage blockchain for supply chain transparency
How the Bitcoin Price Surge is Affecting the Crypto-casino Sector
11.8.2020
Cryptocurrency investors are most likely happy with how Bitcoin has been doing recently. Bitcoin increased about 20 percent to its price. It is great for crypto users as its price crashed back in March alongside the global market mainly because of the pandemic. This August, a Bitcoin now costs...
Thailand Has Now Licensed 13 Cryptocurrency Service Providers
28.7.2020
Thailand has been growing the number of licensed cryptocurrency service providers. The Thai regulators have now approved 13 crypto businesses to legally operate in the country, including cryptocurrency exchanges, brokers, and dealers. The Royal Decree on the Digital Asset Businesses B.E. 2561...
Private Sector Could Bring Value to Future CBDC Launches, Says IMF Official
27.7.2020
A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations
BSN ‘Split’ Can Stimulate China’s Blockchain Sector Toward Global Reach
26.7.2020
Most experts do not view BSN’s split as being necessarily bad for the Chinese blockchain space
UTE Joins Energy Web to Transform Energy Sector with Blockchain
23.7.2020
In its efforts to become a global leader in digital innovation and rapid energy-sector decarbonization, Uruguay’s grid operator Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE) has announced its partnership with Energy Web (EW). The partnership will allow UTE to leverage...
VALR Gathers R57-million In Funding Round To Promote Crypto Sector
21.7.2020
Working as the biggest cryptocurrency trading platform in Johannesburg, South Africa, VALR has revealed that the exchange has pooled in R57-million (USD 3.4 million) in its recently concluded Series A equity funding round. The firm is dedicated to using the collected funds in laying strong efforts...
Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
18.7.2020
According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas. The United Socialist...
Crypto Sector Baffled as Mysterious Report Calls Chainlink a ‘Fraud’
17.7.2020
Social media and crypto sleuths are attempting to uncover the truth about a report that has been circulating claiming to tell the damning truth about Chainlink, the operator of the LINK token – one of the year’s best-performing major altcoins.
The report is allegedly the work of a company named...
Report: Japanese Blockchain Sector Grows Over 30% Since 2019
1.7.2020
The number of crypto and blockchain-related companies in Japan increased by more than 30% this year, data from Monex Group's Monex Crypto Bank shows
Bubbling Over the Top? DeFi Sector Heats Up in June, Raising Concerns
27.6.2020
The DeFi sector is seeing rapid growth in use and volume. Some appear concerned about a bursting bubble, but could it be natural growth?
Mexico’s Blockchain Sector Grows 90% in 2 Years Despite COVID-19
5.6.2020
Mexico’s blockchain sector is producing robust growth, with the sector having nearly doubled in size since 2018
US Bank Regulator OCC Asks for Public Input on Cryptocurrency Use in Financial Sector
4.6.2020
A federal banking regulator is seeking public input on how cryptocurrencies interact with the national banking system and financial institutions
India to Significantly Increase Crypto Market Share This Year: Report
1.6.2020
India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. Indian Crypto Sector Flourishing...
A New Ransomware Deploys Human-Operated Attacks Against Healthcare Sector
28.5.2020
Microsoft unveiled a new human-operated ransomware called “PonyFinal” that deploys the attack by launching manually a payload
JPMorgan’s Quorum: A Cross-Sector Blockchain Solution for Privacy Needs
28.5.2020
JPMorgan’s Quorum provides the infrastructure for many new financial projects thanks to unique features and a partnership with Microsoft Azure