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The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case and pursuing criminal charges, which would make it the first criminal case in Japan where computers are illegally used for mining cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into … Read more
Digital Jersey has signed an MOU with Binance to establish a crypto exchange and promote distributed ledger technology in fintech in Jersey Go to Source Powered by WPeMatico
Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year. Also Read: Six Major Banks in Chile Sued by Another Cryptocurrency Exchange Buda Suffers Termination of Banking Services in Colombia … Read more
The Financial Action Task Force will reportedly develop new binding rules for crypto exchanges Go to Source Powered by WPeMatico
Japan’s police are reportedly investigating a case of illegal crypto mining with Coinhive, defendants argue it was a method of traffic monetization Go to Source Powered by WPeMatico
The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a state-issued cryptocurrency could “reduc[e] the risk of financial crises” and “improv[e] monetary policy tools.” Also … Read more
The US Congress has proposed a bill which, if passed and signed in law, would launch a study of crypto usage in the area of sex and drugs trafficking Go to Source Powered by WPeMatico
Leading players from Switzerland’s financial, technological, academic, and legal sectors have established a new organization to promote blockchain technology Go to Source Powered by WPeMatico
President of the German financial regulatory agency BaFin said that crypto regulation will focus on systemic risks, not individual investors Go to Source Powered by WPeMatico
Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Suspicious Transactions Detected South Korea’s seventh-largest cryptocurrency exchange, … Read more