Authorities Find Illegal Bitcoin Mining Farm in Kyrgyzstan Free Economic Zone

Government authorities and executives at Free Economic Zone “Bishkek” are reportedly involved in running a large-scale illegal mining farm. Law enforcement authorities in Kyrgyzstan have reportedly detected an illegal cryptocurrency mining farm on the territory of a local free economic zone (FEZ). The State Service for Combating Economic Crimes, an anti-corruption service in the Kyrgyz […]

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Sri Lankan Container Terminal Joins TradeLens Blockchain Platform

South Asia Gateway Terminals becomes first Sri Lankan container terminal joined TradeLens platform. The first private Sri Lankan container terminal, South Asia Gateway Terminals, or SAGT, recently joined IBM and Maersk’s blockchain trade platform TradeLens.  It is the first terminal in the country to adopt blockchain technology to digitize its trade processes.  In an announcement […]

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India’s Largest Private Port Operator Partners With Blockchain Platform TradeLens

India’s largest port operator APSEZ has partnered with IBM’s TradeLens platform to digitize its supply chain process. The largest multi-port operator of India, Adani Ports and Special Economic Zone Limited (APSEZ), has partnered with the blockchain-based supply chain solution platform TradeLens. APSEZ plans to integrate TradeLens’s blockchain solutions across 10 of its major courier management […]

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Blockchain Acceptance Could Revolutionize Finance in Abu Dhabi

As Abu Dhabi rolls out regulatory framework for crypto assets, businesses are increasingly embracing distributed ledger technologies. Businesses in Abu Dhabi, the capital of the United Arab Emirates’, or UAE, are increasingly embracing blockchain technology as local regulators move towards adopting inclusive legislation regarding crypto assets. Though Abu Dhabi Global Market, or ADGM, announced its […]

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Philippine Cryptocurrency Regulator Accused of Misappropriating Millions

An administrator of the Philippines’ crypto regulator reportedly receives an illegitimate income of $98,000 each week from gambling and cryptocurrency companies. Raul Lambino, the administrator of the Cagayan Economic Zone Authority (CEZA) — the special economic zone that licenses cryptocurrency exchanges operating in the Philippines — has come under fire for allegations of corruption. On […]

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