BitMEX Faces Lawsuit for Alleged Racketeering and Extensive Illicit Activities

BitMEX and its executives have been accused of engaging in or abetting crimes that include racketeering, money laundering, wire fraud and unlicensed money transmission. BitMEX, one of the world’s largest crypto derivatives exchanges, has been accused in court of being “deliberately designed, from the ground up” to facilitate “a myriad of illegal activities.” The allegations […]

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Japan’s Top Credit Card Issuer Building Blockchain Payment System

Japan-based JCB is partnering with local venture capital firm TECHFUND to create a sustainable blockchain-based transaction system. The biggest credit card issuer in Japan, JCB, has partnered with technology accelerator TECHFUND to build a sustainable transaction system on the blockchain. According to a May 15 statement released by JCB, the partnership will utilize TECHFUND’s expertise […]

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