Business

Privacy laws may hinder new KYC verification laws in South Korea
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29 September, 2020

Privacy laws may hinder new KYC verification laws in South Korea

The new KYC laws will affect financial services providers and will require the use of social security numbers, which contravenes...
Bank of New York Mellon accused of aiding $4B OneCoin scam
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29 September, 2020

Bank of New York Mellon accused of aiding $4B OneCoin scam

OneCoin investors accused BNY Mellon of processing several transactions for Mark Scott, the lawyer alleged to have led the money...
European Commission unveils plans for blockchain regulatory sandbox
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29 September, 2020

European Commission unveils plans for blockchain regulatory sandbox

The sandbox will be used to provide an environment for the testing of use cases for blockchain and digital assets,...
SEC halts securities trading for Vortex Blockchain Technologies
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29 September, 2020

SEC halts securities trading for Vortex Blockchain Technologies

The little-known Vortex Blockchain Technologies is a company that claims to have operations in several areas related to digital currencies.
US Treasury launches phase 2 of blockchain grants payments
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29 September, 2020

US Treasury launches phase 2 of blockchain grants payments

The Bureau of the Fiscal Service is studying how blockchain technology can be used to tokenize, transfer and redeem grant...
KuCoin exchange loses $275 million in hack
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28 September, 2020

KuCoin exchange loses $275 million in hack

Singapore-based digital currency exchange KuCoin was hacked for roughly $275 million on September 25. The KuCoin team became aware of

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