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South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges
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South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges

South Korea’s Financial Services Commission (FSC) will ban privacy-centric digital assets or “dark coins” from exchanges as they present a high money laundering risk.

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services
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Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Liberal Senator Andrew Bragg has expressed optimism on the potential of blockchain technology to help ‘Rebuild Confidence’ in the financial services sector

Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi
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Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi

Top banks in South Korea have selected Chainlink and CenterPrime to bring a blockchain-enabled decentralized finance solution for foreign exchange rates.

UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms
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UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms

The United Kingdom’s Financial Conduct Authority (FCA) has proposed obligatory AML reporting requirements for crypto exchanges.

Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push
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Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push

The Chinese government has released its first-ever blockchain application blueprint regarding government services in the country. According to Beijing’s blueprint, 140 government services applications are already on blockchain and are divided into three categories, including data sharing and exchange, business collaborative processing, and electronic certificate and certificate storage.

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore
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World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

Sygnum has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets/banking services in the country

Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System
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Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System

Telecoms giant Huawei has joined hands with the Beijing Municipal Government to create a blockchain-powered directory system. It is aimed at addressing the headache of weak applications, scattered coordination, and data sharing in various departments.

How Ripple-Backed Bitso Plans to Expand Cross-Border Crypto Remittance Services in Latin America
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How Ripple-Backed Bitso Plans to Expand Cross-Border Crypto Remittance Services in Latin America

Ripple-backed crypto exchange Bitso announced that it will expand its cross-border crypto remittance services in Latin America through a $62 million investment.

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies
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Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

With the readiness of government-backed Swiss bank, bank Basler Kantonalbank (BKB) to offer crypto custodial services, the financial service sector is an inch closer to driving mainstream adoption of blockchain technology

Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data
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Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data

Facebook has sued a Bangkok software engineer whose firm offered software designed to bypass ad review systems and push deceptive ads to run on the media platform.

University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak
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University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak

The University of Utah paid a hefty sum of $457,059.24 to a ransomware gang to prevent compromised student data from being leaked online.

China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province
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China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province

China’s Blockchain Services Network has been in development in the Fujian province, recently along with its 20 main blockchain projects.

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