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South Korea's Financial Services Commission (FSC) has proposed a ban on using credit cards to purchase cryptocurrency, citing concerns "illegal outflow of domestic funds overseas."The regulator wants to expand the scope of prohibited credit card payments to add crypto exchanges to prevent foreign currency outflow and prevent money laundering, it said in a note on

Jan 28, 2020 at 21:51 UTCUpdated Jan 28, 2020 at 22:26 UTCGerald Cotten, late CEO of QuadrigaCX, circa 2015, image via Decentral Lawyers Ramp Up Pressure to Exhume Quadriga CEO’s BodyLawyers representing the former users of the QuadrigaCX platform are doubling down on a formal request to exhume the exchange’s founder’s body.Miller Thomson, the court-appointed…

Feb 20, 2020 at 04:00 UTCCredit: Chintung Lee / ShutterstockSouth Korea’s Central Bank Is Building a New Blockchain System for the Bond MarketThe Bank of Korea (BOK) is looking at developing a new blockchain system for the Korean bond market, one of the largest such markets in Asia. Korean financial news site Yonhap Infomax confirmed…

Nansen’s NFT-500 and Blue-Chip-10 indexes were stable after nearly $3 million worth of non-fungible tokens (NFTs) were stolen from trading platform NFT Trader. (Nansen.ai)The Nansen NFT-500 index is down 0.88% when denominated in ether (ETH), while the Blue Chip 10 index is down 0.51%. Nearly $3 million in NFTs were stolen in the hack, with

The Ethereum Foundation, the main non-profit organization supporting the Ethereum blockchain, is set to release an updated financial report “soon,” according to a top official who also revealed that the organization's main Ethereum wallet currently holds about $650 million. Justin Drake, a prominent researcher at the Ethereum Foundation (EF) wrote during a typed ask-me-anything

AgriDex is looking to bring the global agricultural industry on-chain by tokenizing various crops to be bought and sold on its Solana-based marketplace.The tokenization of real-word assets has been gathering momentum in recent months.06:22Philippines Taps Blockchain04:56BlackRock CEO Predicts Tokenization Is the Future of Markets00:48Tokenization on Public Blockchains Democratizes Access: Securitize CEO07:08Bitcoin Bounces Back Above $20KAgriDex

news After a four-day vote open to all token holders, users of MakerDAO’s dollar-pegged, ethereum stablecoin DAI have voted to increase the costs associated with its primary service – programmatic lending.  Finalized Thursday, the first round of voting will put in motion another vote to raise the “DAI Stability Fee” that would increase this cost to users…

Oct 13, 2020 at 21:20 UTCItalian euro cents coins(Samuele Schirò/Pixabay )After the latest addition of 42 banks, about 100 Italian banks are officially operating on the country’s banking blockchain network, Spunta, built on R3’s Corda, the Italian Banking Association (ABI) announced Tuesday. Banks first joined the blockchain project designed to improve interbank data transfer and settlement…

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