South Korea postpones decision on corporate crypto investments

VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain. 192 Total views 3 Total shares VTB Factoring, a subsidiary of Russia’s state-owned bank, reported the first major deal with digital finance assets. As part of the deal, the bank subsidiary acquired a tokenized debt pool of the engineering company Metrowagonmash,…

Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it.

U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.

Estonia has withdrawn permits from one thousand crypto companies this year. 2154 Total views 5 Total shares One of the countries lauded as being among the most crypto friendly in the European Union revoked the licenses of more than 1,000 crypto firms in 2020. According to news outlet Postimees, Estonia’s Financial Intelligence Unit, or FIU, has…

A Georgia state senator has reported to jail over allegedly lying about the theft of cryptocurrency mining equipment worth $300,000, The Guardian reported Dec. 27.Republican Michael Williams, who originally reported the alleged theft in May, made a false police report and gave a false statement, court documents claim.Williams had said servers with a value of…

This is the largest fund the HBAR foundation has launched to date, a statement of intent for their aspiration in the tokenized economy and metaverse space. 215 Total views 3 Total shares The HBAR Foundation, a not-for-profit independent organization of distributed ledger firm Hedera Hashgraph, has announced the establishment of a $250 million dollar metaverse fund to…

The U.S. Securities and Exchange Commission (SEC) has filed charges against international securities dealer 1pool Ltd., which was offering Bitcoin-funded security-based swaps, according to an SEC announcement published September 27.Per the SEC, the case involves the Marshall Islands-based corporation 1pool Ltd., which provides cryptocurrency-related services and stands behind 1broker.com, and its Austria-based CEO Patrick Brunner.…