Thailand has launched regulations on digital tokens, and those rules will take effect on July 16. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The top court in India is keeping in place a ban that prevents banks, financial institutions and other regulated entities from providing services related to cryptocurrencies, Bloomberg reported. Chief Justice Dipak Misra led a bench that said the Reserve Bank of India’s directive will still...
Race car driver Fernando Alonso of Formula One fame is turning to the blockchain to protect the rights to his visual media, CoinDesk reported. WENN Digital Inc., which partnered with Kodak in creating the KODAKCoin blockchain system, inked a deal with the champion for his...
Following a regulatory crackdown and recent hacks, bitcoin prices have slumped to lows not seen for months. The popular cryptocurrency dipped just below $5,800 as of 8:30 a.m. on Friday (June 29), CNBC reported. Get the Full Story Complete the form to unlock this article...
Cybercriminals are increasingly turning to cryptojacking and other schemes to mine cryptocurrency, McAfee said in a press release. In fact, the security software company reported that the number of crypto mining malware samples grew by 629 percent in the first quarter of 2018: It saw...
South Korea’s Financial Services Commission (FSC) has updated its anti-money laundering rules by requiring domestic banks to monitor all of the accounts held by cryptocurrency exchanges, CoinDesk reported. Exchanges may have multiple accounts with a bank: They might have an account to store the funds...
Central bank digital currencies might have some positive effects, the Kiel Institute for the World Economy wrote in a report posted on the European Parliament’s monetary dialogue. Though the fractional reserve banking system in place would be “challenged at its core” if market participants hold...
The EOS network took the top spot in an evaluation of blockchain networks by China’s Ministry of Industry and Information Technology (MIIT), CoinDesk reported. EOS was followed by Ethereum in second place, with NEO rated third. Bitcoin, however, is far behind, taking up 17th place. The...
Four years after bitcoin exchange Mt. Gox collapsed amid the biggest bitcoin theft in history, its former customers may have a chance to recover their lost cryptocurrency. A court in Japan stopped the exchange’s bankruptcy proceedings, potentially allowing at least a billion worth of digital...
