Blockchain to boost medical tourism in South Korea
A consortium has come together in South Korea to employ blockchain technology in boosting the country’s medical tourism.
Latest Business News
BTC scammers impersonating police find new victims in Canada
A BTC scam in Canada has continued to expand across the country and has now hit British Columbia. The scammers impersonate the police and demand for BTC.
ClearSky: Group stole $200M in exchange hacks
The firm said “with medium level of certainty” that the attackers were linked to Eastern Europe.
Embattled Wirecard files for insolvency
The insolvency move is the latest event to unfold from the accounting scandal surrounding the digital currency debit card issuer.
The CoinGeek Pulse: Episode 1
The CoinGeek Pulse is a weekly news roundup of the stories that matter from the world of Bitcoin SV and blockchain.
New Jersey court pauses SEC suit against CG Blockchain
A New Jersey court has hit pause on a case brought by the SEC against two defendants who organized a $30 million ICO scam under CG Blockchain and BCT Inc.
ParagonCoin ICO lawsuit moves forward in California
A California federal court has given class certification to a lawsuit against ParagonCoin, a company that raised $70m in its ICO to target cannabis industry.
Brazil central bank freezes WhatsApp payments
The system was not analyzed by monetary authorities in advance, and posed risks to the wider payment system in Brazil, central bank says.
New 5AMLD rules require digital currency firms to register in Spain
Lawmakers in Spain are currently drafting new rules that would implement the Fifth Anti Money Laundering Directive into national law.
KPMG offers digital asset tool for institutions
KPMG recently rolled out “Chain Fusion,” its patent pending suite of digital asset management tools.
New York regulator lightens up on BitLicense
The NYDFS is now granting conditional BitLicenses, partnership opportunities, and has updated their policies.
Antigua & Barbuda passes Digital Assets Business Bill 2020 into law
The law introduces a new and comprehensive regulatory framework for digital asset businesses, clients and customers.
Bithumb tries to go public—again
South Korea’s Bithumb has reportedly begun the initial public offering process, with the help of Samsung Securities as its underwriter.
Wirecard ex-CEO Markus Braun nabbed in Munich
Markus Braun resigned from Wirecard on June 19, shortly after the firm’s auditor Ernst & Young released its report.
UK regulator warns of licensing deadline for digital currency firms
Firms need to complete their applications by end of June to give the regulator time to process applications ahead of the 2021 deadline.
Kleiman v Wright: Judge denies Ira Kleiman request to declare case over
The latest order denying Kleiman's request means the actual trial period will likely start as scheduled on August 31, 2020.
Unlicensed BTC dealer charged under Singapore’s new laws
An unlicensed BTC dealer has been charged in Singapore for facilitating money laundering, could face three years in jail. It’s the first action under new laws.
Shopin founder slapped with $450,000 fine over alleged ICO fraud
The US securities regulator will compel disgorgement of $422,100, plus $34,940 in interest accrued over the token issue in question.
Chinese city launches economic stimulus on blockchain
Nanjing city in China has launched an economic stimulus program that relies on blockchain to distribute consumption vouchers as it seeks to revive the economy.
JPMorgan is wrong: Why BTC won’t survive as speculative asset
JPMorgan analysts have drawn a controversial conclusion that BTC is likely to survive in the future, even as a speculative asset.