South Korea Convenes Pan-Governmental Meeting Amid Concern Over Crypto Market Spike

A South Korean pan-governmental meeting has reportedly been held to establish closer monitoring of the country’s crypto space. A South Korean pan-governmental meeting has reportedly been held to establish closer monitoring of the country’s cryptocurrency market amid the recent sharp uptick in crypto valuations. The news was reported by local broadcasting station KBS World Radio […]

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SEC Charges California Resident for Alleged $26 Million Crypto Pyramid Scheme

The U.S. SEC as initiated court proceedings against a California resident, Daniel Pacheco, for allegedly operating a multimillion-dollar cryptocurrency pyramid scheme. The United States Securities and Exchange Commission (SEC) has initiated court proceedings against a California resident for allegedly operating a multimillion-dollar cryptocurrency pyramid scheme, according to a press release published on May 23. The […]

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Blockchain Credit Union Consortium to Use R3’s Corda for Cross-Border Payments Product

CULedger, a blockchain consortium and credit union service organization, has chosen R3’s Corda blockchain. CULedger, a blockchain consortium and credit union service organization (CUSO), has chosen enterprise software firm R3’s Corda blockchain to underpin its forthcoming cross-border payments product. The news was reported by fintech news outlet Finextra on May 21. As reported, CULedger joined […]

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