blockchain technologies – DIGIT INFO

Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia

DIGIT — Thu, 23 Feb 2023 07:30:40 +0000

A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man helped the regime in Pyongyang to bypass sanctions using digital assets. U.K. Citizen Sought by U.S. for Violating North Korea Sanctions Apprehended in a Moscow Hostel The Russian […]

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Thailand and Hungary Partner to Promote Blockchain Tech in Financial Sector

DIGIT — Sun, 30 Oct 2022 08:00:28 +0000

Industry associations from Hungary and Thailand plan to cooperate on implementing blockchain technologies in the financial services sector. The two sides hope to share experience and produce ideas for alternative services as part of their new partnership. Thailand and Hungary Announce Blockchain Pact During Bilateral Fintech Forum The Thai Fintech Association and Hungary’s Blockchain Coalition […]

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Europol Sees Tools to Tackle Crime in Cryptocurrency and Blockchain Technologies

DIGIT — Fri, 09 Sep 2022 10:00:16 +0000

Abuse expands with use in the case of cryptocurrency, Europol has acknowledged while also noting that blockchain technologies offer authorities a new opportunity to fight crime. Europe’s law enforcement agency also says they can help investigate money laundering networks. Understanding Cryptocurrencies Is Vital to Tackling Organized Crime, Europol Says The growing use of cryptocurrency across […]

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Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

DIGIT — Wed, 13 Jul 2022 11:30:34 +0000

A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create SWIFT Substitute Using Blockchain Experts from the Competence Center […]

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Binance Invests $200 Million Into the Business Magazine and Digital Publisher Forbes

DIGIT — Fri, 11 Feb 2022 06:30:29 +0000

Reports indicate that the world’s largest cryptocurrency exchange by trade volume, Binance, has announced the crypto company has committed to investing $200 million into the American business magazine Forbes. The digital currency company Binance confirmed the $200 million stake into Forbes on the social media platform Twitter. Binance Pledges $200 Million to Forbes Binance has […]

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Russian Post to Employ Blockchain Technology in Parcel Tracking

DIGIT — Thu, 30 Sep 2021 07:30:29 +0000

The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce the number of lost shipments. Blockchain-Based Tracking System to Help Russian Post Save Time and Resources In […]

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Tehran Government Bans Iran Blockchain Association

DIGIT — Sun, 20 Jun 2021 13:00:36 +0000

The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto sector who are engaged in blockchain technology development. Iranian Authorities to Review IBA Dealings With Crypto Exchanges The Iranian government has moved […]

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Is China’s New Fascination With Blockchain Really Good for Bitcoin?

DIGIT — Sun, 27 Oct 2019 11:05:41 +0000

Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging field. Some say Xi’s statement brought back the […]

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Russia Prepares to Test Cryptocurrencies in Four of Its Regions

DIGIT — Sat, 27 Apr 2019 17:40:03 +0000

The Russian Federation, which is yet to regulate digital assets, is now planning to allow four of its regions to test innovations that are not covered by its current legislation. A bill drafted by the Economy ministry envisages the establishment of regulatory sandboxes there. The special economic zones will allow companies, entrepreneurs and authorities to […]

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The Daily: Iran Said to Announce Crypto-Rial This Week, Italy Closer to Crypto Regulation

DIGIT — Mon, 28 Jan 2019 12:25:34 +0000

In this edition of The Daily, Iran is reportedly preparing to announce its national cryptocurrency during a conference starting on Jan. 29. Also, a draft decree introducing legal definitions for terms related to cryptocurrencies has been introduced in the Italian Senate and the IMF has voiced concerns over Malta’s blockchain industry while recognizing the positive […]

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