ICONLOOP, a blockchain startup that provides digital identification services, received its first venture capital investment through an $8 million Series A round.
Chinese Banking Giant CCB Expands Blockchain Platform as Volume Breaks $53 Billion
Chinese banking giant CCB has expanded its trade finance blockchain platform with cross-chain and inter-bank transactions.
Identity Thief Spends $5 Million on Cloud Computing to Mine Cryptocurrency
Singaporean citizen Ho Jun Jia has been indicted for stealing over $5 million worth of cloud computing services to mine cryptocurrencies.
OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash
OKEX Korea is reconsidering a decision to delist the privacy coins zcash and dash it announced in September.
China Merchants Bank’s Latest Crypto Partnership Includes STO Investment
A security token offering for the Nervos Network could help a prominent Chinese bank tap into the DeFi ecosystem.
Cryptocurrency Donations to Politicians Legal In Japan Says Internal Affairs Minister
Crypto donations are legal and do not need to be approved for political donations like cash or securities.
Fed Official Says Digital Central Bank Currency Is ‘Inevitable’
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.
Japan’s Central Bank Chief Calls for International Effort on Libra Regulation
The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra.
PBoC Denies Claims It Will Launch Digital Currency in November
China’s central bank has played down reports that it will issue its digital yuan in November through major banks and companies.
New Bitcoin Mutual Fund Eases Crypto Investing for Eager-Yet-Wary Asian Investors
A new mutual fund will provide crypto currency access to accredited investors in Asia who are very interested but slow to buy the coins directly.
OKEX Korea Drops 5 Privacy Coins Citing FATF Rules
The Korean arm of the exchange has dropped support for privacy-enhancing cryptocurrencies including monero, zcash and dash.
US Sanctions Three Alleged Crypto Hacking Groups from North Korea
The U.S. Treasury mentioned cryptocurrency thefts as one of the reasons for the action against the Lazarus Group, Bluenoroff and Andariel.
Messaging Giant LINE Wins Japan License for Crypto Exchange Business
LINE, provider of Japan’s most popular messaging app, has just been approved for a cryptocurrency business license in the country.
The State of Security Token Regulations in Asia
Some Asian countries have gone a long way toward shoring up their rules and regulations around cryptocurrencies and security tokens.
Thai Gang Member Arrested Over Alleged $16 Million Crypto Fraud
A Thai man has been arrested for alleged involvement in a crypto crime ring that fleeced investors for 500 million baht.
‘Nasty Game’: North Korea Denies It Hacked $2 Billion in Fiat and Crypto
North Korea has denied a recent U.N. report suggesting it was behind major hacks that reaped around $2 billion for its weapons programs.
Why Tether Volume Surged to All-Time Highs in August
The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets.
Beyond USD: The Next Frontier for Stablecoins
The next generation of stablecoins will eschew the U.S. dollar as their basis, writes Bitspark’s George Harrap.
Central Banks, Stablecoins and the Looming War of Currencies
A flood of competing stablecoins is coming to the global economy, setting the stage for what could be a climactic battle with the world’s biggest central banks.
China’s Central Bank ‘Close’ to Launching Official Digital Currency
An official at China’s central bank has said the institution is nearing the launch of its national digital currency.