Electronic voting at the elections in Moscow’s local parliament will be protected by blockchain technology in the new bill. The city council of Moscow, Russia’s capital city, has submitted a bill to use blockchain technology for an electronic voting system, major Russian news agency Tass reported on Tuesday, Feb. 26. The Moscow City Duma, a […]
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New York citizen Randall Crater has been charged with the development of an allegedly fraudulent cryptocurrency “My Big Coins” and marketing it to investors. The United States Department of Justice (DoJ) has charged a New York-based operator of a purported cryptocurrency payment services firm with a wire fraud and unlawful monetary transactions. The DoJ announced […]
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Ahead of its next trial in Mexico, MonetaGo’s CEO says Corda is the platform of choice for regulators. Software development company MonetaGo has switched over from Hyperledger Fabric to R3’s Corda as an enterprise blockchain platform, economics magazine Global Trade Review (GTR) reported on Feb. 26. MonetaGo, which previously had ties with both platforms, will […]
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Russia’s Commissioner for Human Rights Tatyana Moskalkova has asked the Greek Ministry of Justice to extradite Alexander Vinnik to Russia following his deteriorating health. Russia’s Commissioner for Human Rights Tatyana Moskalkova has asked Greek Justice Minister Michalis Kalogirou to extradite the alleged former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, to Russia. The news […]
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Samsung’s new smartphone will have storage for crypto private keys, and Elon Musk thinks Bitcoin has a brilliant structure. Top Stories This Week Tesla CEO Elon Musk Compliments Bitcoin’s Structure, Sees Future With No Paper Money Elon Musk, tech entrepreneur and CEO of Tesla, said this week in an interview that Bitcoin’s (BTC) structure is […]
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Brian Armstrong has cited the company’s lengthy history as proof its intentions were not fraudulent. The CEO of United States cryptocurrency exchange Coinbase added to theories surrounding the downfall of Canadian platform QuadrigaCX in fresh social media comments on Feb. 21. In a series of tweets, Brian Armstrong suggested the exchange, which is currently undergoing […]
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Huobi Korea strengthens its AML protection and launches an inter-exchange hotline to prevent identity theft, voice phishing and other types of fraud. Huobi Korea, the South Korean branch of the world’s sixth largest crypto exchange, has recently strengthened its anti-money laundering (AML) protections, according to a press release shared with Cointelegraph on Feb. 21. According […]
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The Bank of Lithuania has updated its position on cryptocurrencies and ICOs, but left its underlying principles unchanged. The Bank of Lithuania has updated its position on virtual assets and initial coin offerings (ICOs), according to an announcement published on Feb. 14. The Bank of Lithuania initially issued a document detailing its position towards ICOs […]
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The FBI has outlined what it believes to be the consistent threads running through fraudulent initial coin offerings. The United States Federal Bureau of Investigation (FBI) has outlined what it believes to be the consistent threads running through fraudulent initial coin offering (ICO) schemes. The Bureau’s perspective was shared in an interview with Netherlands-based financial […]
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An expert from the Bank of Spain has issued a detailed report on cryptocurrencies, stating that Bitcoin will not have a significant impact on the finance sector. An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy […]
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