US District Attorney Charges OneCoin Founders With ‘Billions’ in Alleged Fraud

А U.S. District Attorney has charged the founders of a crypto pyramid scheme that involved the marketing of a fraudulent digital currency “OneCoin.” A United States District Attorney has charged the founders of an international cryptocurrency pyramid scheme that involved the marketing of an allegedly fraudulent digital currency called “OneCoin.” The announcement was published by […]

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Singapore Launches Pilot of TradeTrust Blockchain Shipping Initiative

The progression follows a Memorandum of Understanding between government and industry players in January. The Singapore government will press ahead with a pilot of its blockchain-based maritime trade platform TradeTrust through an official partnership, trade news outlet Asia Middle East Maritime Focus reported on March 7. TradeTrust, which aims to leverage blockchain to streamline complex […]

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Nouriel Roubini: ‘Cryptocurrency as a Technology Has Absolutely No Basis for Success’

Prominent economist and crypto critic Nouriel Roubini reiterated his anti-crypto stance, arguing that the tech has “no basis for success.” Economist and notorious cryptocurrency critic Nouriel Roubini has claimed that crypto “as a technology has absolutely no basis for success.” Roubini delivered his new anti-crypto arguments in an interview with the CFA Institute on March […]

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UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report

A U.N. Security Council report states that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018 North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council […]

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Japan: Crypto Industry Trade Group JCBA Issues Guidelines for ICO Regulation

A Japanese crypto industry association has proposed recommendations on ICO regulation In order to promote domestic blockchain and  cryptocurrency-related businesses, the Japan Cryptocurrency Business Association (JCBA) has published its “Recommendations on New ICO Regulation” on Friday, March 8. The recommendations on Initial Coin Offerings (ICOs) regulations issued by the JCBA — a local industry trade […]

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