Georgia opposition debuts civil blockchain project ahead of critical elections
Georgia’s political opposition wants to use blockchain technology to develop civil society and the country’s business landscape.
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Blockchain Makes Money Laundering Risks Greater, Says Swiss Regulator
The Swiss Financial Market Supervisory Authority (FINMA) warned the country that Switzerland is particularly prone to money laundering risks for reasons including the use of blockchain technology.In its first-ever yearly risk monitor report — published by FINMA on Dec. 10 — the regulator warns that blockchain and crypto assets exacerbate the country’s already existing money…

Aussie billionaire sues Facebook over crypto scams with AG’s consent
Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims.The Fortescue Metals chairman is accusing Facebook of breaching Australia’s money-laundering laws, claiming that it “knowingly profits from this cycle of illegal ads” that it failed to remove. An initial court hearing in…

How can Bitcoin hold $28K amid the banking crisis?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin’s $28,000 support has a chance amid the recent banking crisis. 588 Total views 1 Total shares Own this piece of history Collect this article as an NFTIn today’s Market Report episode, analyst and writer Marcel Pechman discusses whether Bitcoin’s (BTC) $28,000…

Trump tariffs could lower Bitcoin miner prices outside US, says mining exec
The Trump administration’s sweeping tariffs could collapse US demand for Bitcoin mining rigs, which would benefit mining operations outside the country as manufacturers will look outside the US to sell their surplus inventory for cheaper, says Hashlabs Mining CEO Jaran Mellerud. “As machine prices rise in the U.S., they could paradoxically decrease in the rest

Solar ‘Bazooka’ Bitcoin mine warms warehouse amid Europe’s energy crisis
It’s another win for Bitcoin miners and the environment. A Dutch Bitcoiner has installed a Bitcoin (BTC) miner in a warehouse to replace the heating system powered by natural gas. Why? Because it’s cheaper, more environmentally friendly, and uses solar power.Our latest installation heats a warehouse with electricity instead of natural gas. We’ve installed manual valves…

Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments
After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well. 457 Total views 1 Total shares Bahrain-based Bank ABC will use JPMorgan’s Onyx Coin Systems for blockchain-based cross-border payments in a soft, or limited, launch. The new

DOJ charges crypto exchange operator for laundering Silk Road money
Along with money laundering, Maximiliano Pilipis is also accused of failing to file a tax return for income generated in 2019 and 2020.

Montenegrin court delays Do Kwon’s extradition to South Korea
The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.