Feds bust $73M crypto scam, arrest two masterminds

A new report published on Jan. 8 by the Bank for International Settlements (BIS) has found that seventy percent of central banks worldwide are conducting research into central bank digital currency (CBDC) issuance. However, concrete plans for implementation and motivations vary considerably across contexts.The BIS is an organization based in Switzerland made up of 60…

Cryptocurrency exchange Binance is enabling citizens in five further countries to buy cryptocurrency using Visa debit and credit cards with their national fiat currencies.The new service, announced April 10, will extend card support for the Colombian peso, the South Korean won, the Kenyan shilling, the Kazakhstani tenge and Peru’s neuvo sol.At launch, a total of…

A new political action committee (PAC) supporting presidential candidate Andrew Yang is allowing donations in Bitcoin (BTC) via Lightning Network.The PAC, named Humanity Forward Fund (Humanity FWD), rolled out its Bitcoin-powered fundraising program, named “21 Days of Bitcoin for the 21st Century” on July 25, and will continue accepting Bitcoin donations until Aug. 14, according…

The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products and corporate finance advisory services. 251 Total views 42 Total shares The Monetary Authority of Singapore, or MAS, has granted SBI Digital Markets, a subsidiary of the digital asset arm of Japan-based financial giant SBI…

The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage. The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President Joe Biden, would enforce new provisions in relation to crypto-tax reporting for all citizens.The…

Typically, blockchain exchanges and traditional exchanges, such as the Nasdaq or London Stock Exchange, have been seen as polar opposites where blockchain exchanges are seen as a more open, community-focused option, whereas traditional exchanges are seen as relics of the old financial system — stuffy and opposed to blockchain technology and crypto.This now seems to…

Lloyd's Register (LR), a British tech and business maritime classification society, has created a model of a blockchain-powered class register of ships, according to an official press release published September 4.LR’s new class register is reportedly “the first demonstrator that can register ships into Class” by deploying blockchain technology. Originally, LR published the first “Register…

Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator. The development was reported by Cointelegraph auf Deutsch on April 4.The license has reportedly been issued to Bitpanda Payments GmbH by the Austrian financial market authority (FMA) in accordance with the European Union’s Payment Services Directive 2 (PSD2).In…

South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12.The UAE-based platform is reportedly to be developed in partnership with Abu Dhabi-based firm Nvelop and will function as a springboard for Bithumb to expand into other countries in the Middle…