China’s Forex Regulator Develops Blockchain Trade Finance Solution Pilot

China’s forex regulator is set to pilot a cross-border trade finance blockchain platform in three major trading provinces. China’s foreign exchange reserve regulator, the State Administration of Foreign Exchange (SAFE), is set to pilot a cross-border trade finance blockchain platform. The news was reported by local financial news agency CNStock on April 24. According to […]

Continue Reading

Telecoms Giant NTT’s Thai Unit Plans to Launch Blockchain, AI, IOT Innovation Lab

The Thai subsidiary plans to launch a major innovation lab focused on blockchain, artificial intelligence and internet of things technology. Telecoms giant NTT Corporation’s Thai subsidiary plans to launch a major innovation lab focused on blockchain, artificial intelligence and internet of things technology. Thai English-language newspaper the Bangkok Post reported on the development on April […]

Continue Reading

US: Two Men Plead Guilty to Selling Drugs for Crypto and Laundering $2.8 Million

Two men plead guilty for illicitly selling steroids and controlled substances and laundering millions of dollars in crypto. Manhattan District Attorney Cyrus R. Vance announced on April 23 that two men plead guilty for illicitly selling steroids and controlled substances and laundering millions of dollars in cryptocurrencies and Western Union payments. Callaway Crain, 35, and […]

Continue Reading

Bitfury Institutional Bitcoin Mining Fund Gains EU Regulator Approval

The blockchain software giant will provide hardware and other support to the fund, which is administered by Swiss-based Final Frontier. Blockchain tech giant Bitfury has partnered with a Swiss investment firm to release a dedicated bitcoin mining fund for institutional investors, executives confirmed on Twitter on April 24. Bitfury, which develops various blockchain-related software along […]

Continue Reading