Venezuela got help from Russia in launching petro: report
Russian billionaires reportedly advised Venezuelan President Nicolas Maduro in his efforts to create petro, the first state-backed cryptocurrency in the market.
Articles By Dennis Wafula:
Securities regulator stops Hong Kong company from offering ICO
Black Cell has been selling “krop” tokens as a means to connect buyers with crop and livestock producers, but regulators said the startup had engaged in “potential unauthorized promotional activities and unlicensed regulated activities.”
Venezuela’s Maduro encourages residents to mine cryptocurrency
In Venezuela, people are being called upon to build cryptocurrency mining farms throughout the country.
Thailand backs first draft of landmark ‘digital assets’ legislation
The Thailand cabinet approved in principle the draft of two royal decrees on cryptocurrencies and ICOs. These drafts are not to ban but regulate the use of cryptocurrency and ICOs in the country.
Brazilian officials busted changing part of scam money to BTC
Police in Rio de Janeiro recently uncovered a major money-laundering scheme involving state officials who reportedly acquired $22.4 million—some of which had already been converted to BTC.