‘Exhausted all options’ — Unbanked to close after being left hanging by investor

One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations. 481 Total views 3 Total shares The National Bank of Ukraine (NBU) has introduced a draft concept for its central bank digital currency (CBDC) candidate digital hryvnia, or e-hryvnia.Ukraine’s central bank on Nov. 28 released a statement…

Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs gave way to a fresh dive under $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC could see accumulation below key trendlineData from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly halting its latest gains to hit lows of $19,947 on Bitstamp.The largest…

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is planning to release guidance on blockchain for companies looking to deploy the technology.As The Wall Street Journal reported on Dec. 27, COSO — an initiative to fight corporate fraud — is working on guidance on blockchain to give a better understanding of the tech…

The South Korean Financial Services Commission (FSC) has authorized nine fintech companies to operate in the country as part of a regulatory sandbox, English-language local media The Korea Times reported on May 2.Per the report, the regulator has named the aforementioned nine startups and companies to provide innovative services using blockchain, fifth-generation telecommunications and other…

Yet, the biggest crypto hub remains on the blacklist. The EU decided to remove Cayman Islands from its blacklist of tax heavens on Tuesday.The Cayman Islands is a popular jurisdiction for crypto businesses. It was added to the EU's blacklist in February of this year, so it has spent fewer than six months on the…

Mining firm Argo Blockchain installs 1,000 more mining machines, financial news outlet ProactiveInvestors reports on Sept. 19.The addition of the new machines would take the company’s total number of miners to 6,000. Furthermore, the firm also plans to acquire another 6,000 of them in the next two quarters.The firm, publicly traded on the London stock…

A Thai firm claims that Bithumb’s Hong Kong subsidiaries caused it serious damage by unilaterally halting its business in Thailand. 129 Total views 1 Total shares Bithumb’s Hong Kong affiliates are reportedly facing a civil suit for breach of contract.According to a Tuesday report by the Korea Times, the suit is being initiated by a…

BitFlyer USA has almost all the U.S. covered now. BitFlyer USA, the American branch of Tokyo-based cryptocurrency exchange BitFlyer, unveiled upcoming compatibility in the U.S. state of Hawaii.   "We chose Hawaii due to the regulatory sandbox for digital currency they set up," BitFlyer COO Joel Edgerton told Cointelegraph. "We also chose Hawaii due to close links between…