Government

Binance Signs Agreement With Bermuda Gov’t On $15 Mln Investment, Jobs

2 months ago kakp2 Comments Off on Binance Signs Agreement With Bermuda Gov’t On $15 Mln Investment, Jobs
Premier and Minister of Finance of Bermuda David Burt signed a memorandum of understanding (MOU) with Binance Group on Friday, Bernews reports April 27. The MOU establishes funding for educational programs related to fintech and blockchain startups. Burt signed the MOU with Changpeng Zhao, founder and CEO of the world’s world’s world’s second largest cryptocurrency Read More

Japanese Crypto Exchange Everybody’s Bitcoin Receives Citation From Financial Regulators

2 months ago kakp2 Comments Off on Japanese Crypto Exchange Everybody’s Bitcoin Receives Citation From Financial Regulators
Tokyo-based virtual currency exchange Everybody’s Bitcoin Co. Ltd. has been issued an official warning by the Japanese Financial Services Agency (FSA), according to a press release April 25. Citing articles of the Supplementary Provisions Act on Financial Settlement, the FSA issued the company an improvement notice, which obliges them to rectify any inconsistencies or shortcomings Read More

Chilean Anti-Monopoly Court Orders Banks To Re-Open Crypto Exchange’s Accounts

2 months ago kakp2 Comments Off on Chilean Anti-Monopoly Court Orders Banks To Re-Open Crypto Exchange’s Accounts
Major Chilean cryptocurrency exchange Buda has persuaded a court to order the re-opening of its accounts at two major Chilean banks, Bloomberg reports April 25. Chile’s anti-monopoly court published the ruling on its website, ordering state bank Banco del Estado de Chile and Itau Corpbanca to re-open Buda’s accounts while the exchange’s lawsuit continues against Read More

World’s 4th Largest Crypto Exchange Huobi Expands To London As ‘Entry Point’ To EU Market

2 months ago kakp2 Comments Off on World’s 4th Largest Crypto Exchange Huobi Expands To London As ‘Entry Point’ To EU Market
Beijing-born crypto exchange Huobi has announced that it is planning to open an office in London, as it continues its expansion overseas, Finance Magnates reported April 18. Explaining he vice president of Huobi Group, Peng Hu, told reporters: “Not Malta, not Switzerland. Absolutely London, more precisely Britain, is the entry point for the European market Read More

Lafayette Parish, Louisiana Considers Development Of Municipal Cryptocurrency And ICO

2 months ago kakp2 Comments Off on Lafayette Parish, Louisiana Considers Development Of Municipal Cryptocurrency And ICO
Mayor-President Joel Robideaux of Lafayette parish, Louisiana proposed the parish government to create its own cryptocurrency and consider launching an Initial Coin Offering (ICO), local news The Acadiana Advocate reported April 12. In his annual speech at the Heymann Center, Robideaux presented Lafayette as a technological hub, which could benefit from the development of its Read More

UK National Cyber Security Centre Includes Cryptojacking In Report On Cyber Threats

2 months ago kakp2 Comments Off on UK National Cyber Security Centre Includes Cryptojacking In Report On Cyber Threats
On April 10, the UK National Cyber Security Centre (NCSC) released a report analyzing how nefarious cyber activity influenced the business environment in Great Britain over the past year. The report dedicates a section to cryptojacking, a form of cyber attack in which a hacker utilizes an individual’s computer, without the owner’s knowledge, to mine Read More

Liechtenstein To Support Blockchain With New Regulations

3 months ago kakp2 Comments Off on Liechtenstein To Support Blockchain With New Regulations
The government of Liechtenstein will introduce new legislation to regulate Blockchain business models and underlying Blockchain systems, Prime Minister Adrian Hasler announced during a speech at the Finance Forum in Vaduz, Cointelegraph auf Deutsch reported March 28. The bill will be presented in summer 2018 and is drafted so that business models based on Blockchain Read More

President Of The Atlanta Federal Reserve Declares ‘Crypto Is Not Currency’

3 months ago kakp2 Comments Off on President Of The Atlanta Federal Reserve Declares ‘Crypto Is Not Currency’
President and CEO of the Federal Reserve Bank of Atlanta Raphael Bostic recently took a negative stance toward cryptocurrency investments at the annual meeting of Hope Global Forums, urging the US public to avoid digital currencies, as Bloomberg reported today, March 27. At the meeting considered to be “the largest gathering of leaders in the Read More

China Filed The Most Blockchain Patents In 2017

3 months ago kakp2 Comments Off on China Filed The Most Blockchain Patents In 2017
The most patent filings for Blockchain technology to the World Intellectual Property Organization (WIPO) in 2017 came from China, Financial Times reports March 25. Data collected by Thomson Reuters from the international patent organization show that over half of the 406 patents in 2017 were from China: the country filed 225 Blockchain patents, followed by Read More

Nigerian Regulator Warns Against Crypto Transactions Since They’re ‘Not Insured’

3 months ago kakp2 Comments Off on Nigerian Regulator Warns Against Crypto Transactions Since They’re ‘Not Insured’
Nigerians have been warned by the Nigeria Deposit Insurance Corporation (NDIC) against the use of cryptocurrencies because the Central Bank of Nigeria (CBN) does not recognize them as legitimate currency, local news outlet Business Post Nigeria reported yesterday, March 23. Business Post Nigeria notes that this is not the first warning against cryptocurrencies, as “various Read More