From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29

Automaker Volvo Cars, owned by Chinese automotive group Geely, has produced electric cars with cobalt mapped on a blockchain, Reuters reports on Aug. 2.Blockchain used to combat child laborPer the report, Volvo also joined a project to monitor cobalt from Democratic Republic of Congo overseen by responsible-sourcing group RCS Global. Information technology outlet ITNews suggests…

Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth of cryptocurrencies through allegedly arbitrary account closures.The news was reported by local media agency Punch on April 7.According to the report, the Nigerian non-profit organization United Global Resolve for Peace (UGRP) filed a petition on…

Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin. 2903 Total views 83 Total shares Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin (BTC).According to a June 15 announcement, Antalya…

Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer.

Blockchain’s varied applications are becoming more useful for global banking institutions with each passing day. Yesterday, Polish retail banks rolled out a blockchain-based customer data platform developed by the Polish Credit Bureau, also known as Biuro Informacji Kredytowej, or BIK.BIK, the biggest credit bureau in Central and Eastern Europe, has enabled banks in Poland to…

U.S. persons and entities must comply with the Treasury's sanctions or face possible criminal consequences. 538 Total views 5 Total shares According to Twitter user @0xdev0, on Monday, Web3 development platform Alchemy and Infura.io blocked remote procedure call (RPC) requests to cryptocurrency mixer Tornado Cash, preventing users from accessing the applications. The day prior, the…

Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time. 432 Total views 3 Total shares Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plans

Traders expect Bitcoin price to stay in a “choppy” $42,000 to $53,000 zone until confidence returns to the market. The wider cryptocurrency ecosystem is in a heightened state of fear on Dec. 6 after the Dec. 3 market sell-off continues to send ripples across the the sector and Bitcoin (BTC) price remains pinned below $50,000. Data…