Bail revoked for Do Kwon after prosecutors in Montenegro appeal: Report

Many Ukraine-based businesses have had to shutter or suspend operations following the outbreak of the conflict with Russia on Feb. 24, but some in the cryptocurrency space have been able to keep running, albeit with many staff in bomb shelters, scattered across the world and facing an uncertain future. Speaking to Cointelegraph, Arsenii Hurtavtsov, a Ukrainian…

Recently, there have been discussions regarding Estonia’s new law on cryptocurrency, the revocation of 500 crypto licenses in Estonia, and companies exiting from Estonian regulatory jurisdiction. Let’s focus on three major recommendations.Do your research before engaging with a legal partner in EstoniaYes, it might sound odd, but I think one of the reasons why companies…

The largest shareholder in Overstock-funded blockchain wealth management startup Bankorus has claimed that the firm has no money left.In a statement issued on Oct. 6, Sonic Zhang said that previous funding deals for Bankorus had fallen through and that all its employees have resigned.Zhang: Bankorus “has run out of cash”As a contributor of more than…

Cryptocurrencies and the food industry might not seem like the most intuitive pairing — one based in the digital realm and the other firmly rooted in the physical. But going back to the earliest days of crypto, the very first real-world use case for Bitcoin (BTC) was food-related. On May 22, 2010, Laszlo Hanyecz enacted…

The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies. 784 Total views 2 Total shares The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital currencies (CBDCs).The initiative, dubbed Project Dunbar, will…

Top Stories This WeekCBOE Withdraws BTC ETF Rule Exchange Request From SEC Amid Gov’t ShutdownThe Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its request for a rule change from the United States Securities and Exchange Commission (SEC) in order to list its Bitcoin (BTC) exchange-traded fund (ETF). A CBOE spokesperson told Cointelegraph…

The Japanese government will appoint Ryozo Himino as the next commissioner of Japan's Financial Services Agency. 1192 Total views 15 Total shares A crypto-sympathetic official has been named as the next leader of Japan`s Financial Services Agency.Jiji Press reported on July 7 that the Japanese government has decided to appoint Ryozo Himino to the next…

On the evening of Jan 25, longtime non-fungible token (NFT) collectors, developers, and believers witnessed a bizarre, but likely validating piece of blockchain history: legendary collector-whale Pranksy was interviewed on the Fox 5 New York evening news during a segment on NBA Topshot, an NFT-backed collectible highlights project. NFTs on the nightly news is the culmination…

A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before…