South Korea’s cryptocurrency exchange Zeniex will soon terminate its services due to a recent government crackdown on unauthorized platforms, a post by Zeniex reveals Friday, Nov. 9. The crypto…
Author: Mary K
FATF Guidelines Updated to Combat Money-Laundering and Terrorism Financing in Europe
Regulation has been a major talking point in the cryptocurrency sphere in 2018 – mainly due to the monumental crypto-craze in 2017. This has come to the fore in…
German Financial Regulator BaFin Shuts Down Activity of British Crypto-Related Firm
The German Federal Financial Supervisory Authority (BaFin) has ordered partial cessation of activities by U.K.-based crypto-related firm Finatex Ltd., according to an official announcement published on BaFin’s website on…
Malaysia’s Education Ministry Sets up University Degree Verification System via Blockchain
The Ministry of Education (MoE) of Malaysia is establishing a University Consortium to combat degree fraud using blockchain, the ministry announced in a tweet Nov. 8. According to the…
Drug Barons, Rogue States and Terror Groups Use Banks – Can Blockchain Stop Them?
Scathing reports by regulators have accused traditional banks of inadvertently helping “drug kingpins and rogue nations” – enabling them to commit money laundering, make questionable transfers and evade economic…
U.S. Law Firm Files Claims Against AT&T, T-Mobile Over SIM Swap-Enabled Crypto Thefts
U.S. crypto investor law firm Silver Miller has filed arbitration claims against telecoms giants AT&T and T-Mobile for “SIM-swap”-related thefts, according to a press release published Nov. 8 SIM-swapping…
Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation
Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will…
Judge Ends Freeze on Charlie Shrem’s Assets in Winklevoss Lawsuit
Judge Jed Rakoff has ruled to end the freeze on Charlie Shrem’s assets in a lawsuit brought against him by the Winklevoss brothers, Bloomberg reports Nov. 8. In a…
Canadian Bank Set to Launch Uncheckable ‘Deposit Box’ for Cryptocurrency
A subsidiary of Canadian financial institution VersaBank confirmed it had finished beta testing of a “digital vault” for storing cryptocurrency in a press release Nov. 8. VersaVault, which announced…
US SEC Charges, Fines EtherDelta Founder with Operating Unregistered Securities Exchange
The U.S. Securities and Exchange Commission (SEC) has charged Zachary Coburn, the founder of crypto token trading platform EtherDelta, with operating an unregistered securities exchange, a press release by…
