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Telegram Hits Back, Requests Court to Throw SEC Case
Messaging app giant Telegram refuses back down against the Securitiesand
PBOC: China’s Digital Currency Won’t Seek ‘Full Control’ of User Info
China’s proposed central bank digital currency (CBDC) may provideBeijing with
South Korea Is Looking to Put Trade Finance on the Blockchain
The South Korean government wants all trade to be on
New Zealand Legalizes Salary Payments In Crypto
It was announced yesterday that New Zealand has become the first country ever to legalize salary payments in cryptocurrency. geralt / Pixabay This ruling was signed on June 27 by the Inland Revenue Department (IRD) agency’s Director of Public Rulings, Susan Price. It will be put into effect for three years from September 1, 2019. The ruling states that the
North Korea’s Nuclear Program Partially Funded by ‘Large Scale Attacks Against Cryptocurrency Exchanges’
North Korean hackers have reportedly stolen up to $2 billion to help fund the country’s nuclear program, the SCMP writes citing a report to the United Nations Security Council. North Korea is using cyberspace “to launch increasingly sophisticated attacks to steal funds from financial institutions and cryptocurrency exchanges to generate income” in violation of sanctions. Cryptocurrency exchanges deal in virtual
Report: The People's Bank of China's Digital Currency Is Now 'Ready'
Barely a month after it accelerated its crypto plans, China’s central bank digital currency (CBDC) is now reportedly “ready.” The Token Post, citing the Shanghai Securities News, reported yesterday that the Middle Kingdom will be rolling out its CBDC “soon.” Mu Changchun, deputy chief of the People’s Bank of China’s payments and settlements unit, said that the CBDC prototype is
The Tech Advancements That Are Shaping How Brim Financial, Other Fintech Companies Handle Banking
FinTech
Brim Financial CEO and Founder Rasha Katabi offers insight into how the landscape is changing Image source: Money Inc. Time and again technology advancements continue to enhance the way banking is done. From ATMs to electronic statements, the future of banking has always evolved with the progression of technology. The changes to banking in the last few years have been
Hacker Extorts World’s Largest Bitcoin Exchange Over KYC Data
Binance, the world’s largest cryptocurrency exchange by trading volume, recently revealed that it has been targeted by an extortionist seeking “300 BTC in exchange for withholding 10,000 photos that bear similarity to Binance KYC data.” The Malta-headquartered exchange refused to cooperate with the hacker, and as such, a shedload of the photos have been released, including several hundred that he