Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019

Over-the-counter digital currency trading and lending firm Genesis has closed the fourth quarter of 2019 with record high loan originations since its inception. Over-the-counter digital currency trading and lending firm Genesis closed the fourth quarter of 2019 with record high results in loan originations since its inception. Per a Jan. 30 press release, Genesis facilitated […]

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The National Bank of Cambodia Will Launch a Digital Payments Network This Quarter

Cambodia is the latest country to demonstrate serious pro-blockchain action. The National Bank of Cambodia’s new digital currency is called Bakong.  It’s effectively a central bank digital currency (CBDC) that was launched on a trial basis throughout Cambodia in July. Chea Serey, director-general of the National Bank of Cambodia, said the system will be operational […]

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Virgil Griffith Pleads Not Guilty to Evading U.S. Sanctions in North Korea Jaunt

Former Ethereum developer Virgil Griffith pleads innocent before New York court in North Korea sanctions case. Ethereum developer Virgil Griffith entered a plea of not guilty Thursday afternoon in a Southern District of New York courthouse. Griffith is charged with conspiring to violate the International Emergency Economic Powers Act after traveling to North Korea (DRPK) […]

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US Rep. Emmer Unsettled by Stifled Crypto Innovation at Congressional Hearing

At a congressional hearing on digital payments, U.S. Representative Emmer expressed fear over stifled crypto innovation. In a Jan. 30 congressional hearing on mobile payments, U.S. Representative Tom Emmer fears criticism of digital payment innovation may stifle progress. Emmer laid out his concerns over regulation smothering innovation: “There’s a whole environment out there of brilliant, […]

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