South Korea Establishes Special Task Force to Prevent Cryptocurrency-Related Crimes

The South Korean Supreme Prosecutors’ Office has announced the establishment of a task force to fight crypto-related crimes. The South Korean Supreme Prosecutors’ Office (SPO) has announced the establishment of a task force to fight cryptocurrency-related fraud and crimes. The development was reported by the Korean Broadcasting System (KBS), one of the largest national public […]

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Unpacking Schnorr Signatures: Blockstream’s MuSig to Improve Bitcoin Transactions?

Blockstream’s MuSig schemes hopes to develop efficient, secure multisignature transaction capability for Bitcoin in the future. Following the launch of working code last month, blockchain technology firm Blockstream hopes to successfully develop a new multisignature standard for Bitcoin transactions in the future. Alongside this, Blockstream also released its latest version of its Bitcoin scaling software […]

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UK Financial Regulator: Crypto Investors Are Driven by Interest to ‘Get Rich Quick’

The U.K. Financial Conduct Authority has published two studies on crypto, revealing that U.K. consumers lack knowledge of the industry. The United Kingdom’s Financial Conduct Authority (FCA) has published two pieces of research on Thursday, Mar. 7, which examine the attitudes of U.K. crypto consumers. The first study, conducted by research firm Revealing Reality, uses […]

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UK Financial Watchdog Warns Against Firm Claiming to be Authorized With FCA

U.K.’s Financial Conduct Authority has warned the public against illicit Bulgaria-based Next Coin, which claims to be FCA-authorized. The British financial regulator, the Financial Conduct Authority (FCA), has issued a warning against illegal crypto-related firm Next Coin Market, according to an official statement released on March 6. According to the FCA, Bulgaria-based Next Coin falsely […]

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Credit Agricole-Backed Blockchain Startup Setl Files for Insolvency in the UK

Setl, a Credit Agricole-backed blockchain startup based out of the United Kingdom, has filed for insolvency. Setl, a Credit Agricole-backed blockchain startup based out of the United Kingdom, has filed for insolvency. The insolvency notice was filed on March 7 with U.K. authorities. Credit Agricole is reportedly the world’s largest cooperative financial institution, headquartered in […]

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Russia: Financial Markets Committee Considers Requiring Identification From Crypto Users

Russia’s Duma Committee on Financial Markets wants to establish an identification process for users of digital assets. Russia’s Duma Committee on Financial Markets is considering the adoption of a mandatory identification process for users of digital assets, local news service Izvestia reports on March 7. The committee chairman, Anatoly Aksakov, revealed that the authority is […]

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