Russia Decides To Extradite Suspected Bitcoin Money Launderer

Russia's foreign ministry has sharply criticized a Greek court's decision to extradite Alexander Vinnik to the US for his alleged role in laundering funds through the BTC-e bitcoin exchange. In a statement, the Ministry for Foreign Affairs said today that they "noted with regret" that the court opted to comply...

Read More

A new Blockchain Data Privacy Pilot Unveiled By The UK Central Bank

The Bank of England, the UK's central bank, has added yet another blockchain proof-of-concept (PoC) to its growing fintech accelerator program. The institution is working with blockchain startup Chain on a data privacy pilot, according to a new announcement. The project is one of four unveiled today, all of...

Read More

China: A New Framework For Cryptocurrencies Trading

The China News Agency (Xinhua) has returned today on the new Chinese policy on cryptocurrencies that led to the closure of the country's main trade. The agency also announced the strengthening of existing regulations. Regulators are able to develop a severe regulatory framework for trading platforms with specific requirements...

Read More

Singapore's Central Bank works to Regulate Bitcoin Transactions

The minister for the Monetary Authority of Singapore (MAS), the nation's central banking authority, has said the institution is working to create a regulatory framework for bitcoin payments. In response to a question on the matter from an MP, Tharman Shanmugaratnam – who is also deputy prime minister of Singapore...

Read More

The Switzerland's Lucerne University Accept Bitcoin

Switzerland's Lucerne University of Applied Sciences and Arts is now accepting bitcoin. The public institution is taking the cryptocurrency as payment for student-related bills through a partnership with Bitcoin Suisse AG. As might be expected, the university itself won't handle the bitcoin – rather, the brokerage...

Read More

Malaysia's Central Bank will Statute for Ban Cryptocurrencies in the End year

The governor of Malaysia's central bank would not rule out a ban on cryptocurrencies when discussing upcoming regulation yesterday. Speaking to reporters at a financial crime conference in Kuala Lumpur, the governor of Bank Negara Malaysia (BNM) said it will decide "before the end of the year" whether to ban the...

Read More

Two IT workers in Crimea were fired for mining bitcoins at work

Two IT workers employed by an authority in Crimea were fired late last month after they were reportedly caught mining bitcoins at work. "RIA Novosti" reports that the two unnamed individuals were employees of the Council of Ministers of Crimea, part of the disputed territory's executive branch. The news service...

Read More

FedEx and Tencent, participate in Tapscott-Led Blockchain Research Effort

A Canada-based blockchain research effort has added over a dozen members including major companies Tencent and FedEx, and the Ontario Ministry of Health. The Blockchain Research Institute was originally founded in March by Don and Alex Tapscott, and backed by a group companies like IBM and PepsiCo, as well as a number...

Read More

AXEL WEBER : The bitcoin does not meet the criteria of a complete currency

The chairman of Swiss banking giant UBS doesn't believe that bitcoin meets the full definition of a currency, according to new statements. Axel Weber, who previously served as head of the Bundesbank, Germany's central bank, made the remarks during an event in Zürich earlier today, according to Reuters. After noting...

Read More