Zimbabwe’s central bank has barred all domestic financial institutions from participating in or being affiliated with cryptocurrency. The Reserve Bank of Zimbabwe has issued a hardline order to domestic banks, banning them from transacting in cryptocurrencies or providing services to businesses that do. The official circular on the central bank’s mandate to safeguard a fundamentally […]
Legislators in Vermont passed a bill that seeks to get the public and private sectors on board for blockchain adoption. Key to the strategy is a statewide FinTech summit. Vermont Bill S.269 moved to the governor’s desk for signature on Saturday after passage by the state‘s House of Representatives and Senate. The bill was sponsored […]
Thailand has received a royal decree to regulate cryptocurrency transactions, requiring all cryptocurrency sellers and brokers to register with the Security Exchange Commission. On May 13, Thai King Bhumibol Adulyadej issued a royal decree to implement a law that will regulate cryptocurrency transactions in Thailand. The 100-section law was published in The Royal Gazette and […]
Disclaimer: The views and opinions expressed here are those of the author and do not necessarily reflect the views of Cointelegraph.com. The percentage of women invested and involved in cryptocurrency is far lower than that of men. This could be confirmed by numerous surveys and research studies. Moreover, incidents like the North American Bitcoin Conference, […]
What are ERC-20 tokens? ERC-20 tokens are tokens designed and used solely on the Ethereum platform. They follow a list of standards so that they can be shared, exchanged for other tokens, or transferred to a crypto-wallet. The Ethereum community created these standards with three optional rules, and six mandatory. Optional Token Name Symbol Decimal […]
The Chinese government announced it will publish a monthly “independent analysis” of cryptocurrencies and blockchain projects at a Beijing conference May 11. According to two press releases accompanying the announcement, the Chinese Ministry of Industry and Information Technology’s department China Electronic Information Industry Development (CCID) will analyze 28 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Monero, NEO, […]
Bitcoin prices fell to three-week lows of around $8,540 on May 11, as markets reacted to a flash investigation of South Korean exchange Upbit and a fresh Mt.Gox funds liquidation. Data from Cointelegraph’s price tracker and Coin360 shows BTC/USD dipping sharply over the past 24 hours, with major altcoin assets posting considerably higher losses of […]
Prosecutors in South Korea are looking into the activities of a top cryptocurrency exchange, Upbit. The platform has reportedly been the subject of fraud allegations. On May 10 and 11, South Korean authorities visited the Gangnam headquarters of prominent cryptocurrency exchange Upbit, confiscating materials relating to their investigation of the firm. Reports indicate that the […]
It appears that after a US extradition request stalled, Alexander Vinnik was targeted by a Russian criminal who worried that the suspect would return to face fraud charges in Russia related to cryptocurrency exchange BTC-e. Greek law enforcement protected Vinnik from an untimely death and, in letters, he has confessed his crimes to Russian authorities. […]
The big box retailer has been making forays into blockchain technology to improve its supply chain. This latest patent may be a bid to compete with Amazon to get goods straight to customers. Multinational retail behemoth Walmart filed an application for a patent in October 2017 that was published May 10, 2018, which hints at […]
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