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Bank of Lithuania Issues Guidelines on Security Token Offerings
26.10.2019
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European...
Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty
21.10.2019
Cryptocurrency exchange Bittrex is discontinuing operations in 31 countries, including Venezuela and Zimbabwe. The trading platform has justified its decision on the basis of the regulatory uncertainty in these jurisdictions. Some of the nations in the list are going through political turmoil...
G20 Informed Stablecoins Could Pose Financial Stability Risk
16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...
More Nations Join the Club of Crypto-Friendly Jurisdictions
14.10.2019
Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. Also read: Ukraine in a Rush to Legalize...
United Nations Agency Unicef Launches Cryptocurrency Fund
9.10.2019
Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide....
UN Wants the Private Sector to Lead Shift to Renewables from Fossil Fuels
21.9.2019
As everyone knows, experts and scientists believe that climate change is one of the biggest environmental threats that are facing the world at this point. Hence, there is a genuine thrust towards using more cleaner and renewable sources of energy as opposed to fossil fuels among policymakers across...
U.S. Sanctions North Korean Hacking Groups for Supporting illicit Weapon and Missile Programs
15.9.2019
Recently, the U.S. has sanctioned three elements it blamed for executing cyber attacks in the interest of the North Korean government to help Pyongyang’s “illicit weapon and missile programs.” Further, the operation might focus on the Bluenoroff, Lazarus Group, and Andariel,...
Connecting Cash to the Internet Using Stablecoins
11.9.2019
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across...
Sierra Leone Aims to Finish National Blockchain ID System in Late 2019
2.9.2019
The government of Sierra Leone plans to adopt a blockchain-enabled national identity system by the end of 2019
North Korea Denies All Allegations Related to Thefts from Crypto Exchanges and Banks
2.9.2019
The United Nations Security Council committee on North Korea stated that: The Democratic People’s Republic of Korea cyber actors were raising money for its WMD (weapons of mass destruction) programs, with total proceeds to date estimated at up to two billion US dollars. But, North Korea‘s...
UN Official: Crypto Makes Policing Child Trafficking ‘Exceptionally Difficult’
30.8.2019
Cryptocurrencies provide a "new layer of secrecy that favors the criminals," said a top-ranking staffer of the UN's Office on Drugs and Crime
UN Official: Cryptocurrency Makes Criminals Harder to Catch
29.8.2019
Cryptocurrencies have made combating money laundering significantly harder, according to a United Nations official
UN Investigating 35 North Korean Cyberattack Instances in 17 Nations
14.8.2019
The United Nations experts have said that they are probing a minimum of 35 cyberattack incidents in as many as 17 nations carried out by North Koreans. As per The Associated Press reports, North Koreans are using cyberattacks for raising money illegally for the nuclear program. Moreover, they...
BTC-e’s Vinnik Case Drags on as New Accusations Continue Emerging
9.8.2019
The U.S. has filed a new indictment in an ongoing tug-of-war with Russia over the fate of the accused BTC-e operator
North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN
6.8.2019
UN: crypto hacks make big cash for North Korean gov’t
UN Looks to Blockchain to Aid Sustainable Urban Development in Afghanistan
3.7.2019
The UN is reportedly trying out blockchain cures for Afghanistan’s urban development woes