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US authorities dismantle ransomware-friendly Bitzlato exchange, arrest co-founder
The DoJ’s complaint against Anatoly Legkodymov, a senior executive and major shareholder of Bitzlato, notes that it was founded in...
South Korea: Bithumb ordered to pay damages over service outage in 2017
The Supreme Court has ordered Bithumb to pay KRW251.4 million (US$202,400) to over 100 disgruntled investors, with each of the...
Reserve Bank of India Gov: Digital currencies are akin to gambling and should be banned
Shaktikanta Das, head of the Reserve Bank of India, says that the best way to regulate the industry is to...
Tanzania opts for ‘cautious’ approach in its CBDC development
Bank of Tanzania stated that while CBDCs offer myriad benefits, there are still major pitfalls that could adversely affect the...
Thailand central bank to allow digital banks to operate by 2025
Assistant Gov. Tharith Panpiemras revealed that virtual banks would be regulated in the same manner as traditional financial institutions, including...
Paycoin in a race to secure banking partnership after South Korea license suspension
Paycoin, whose token is used in South Korea for payments, was ordered to secure a bank partner or have its...
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