The justice department in Zhongshan, a city in China, is turning to blockchain to keep tabs on parolees, CoinDesk reported. The system was created to constantly track the movements of the parolees. With the technology, law enforcement agencies and community correction staff can take action...
Bruegel, a think tank based in Brussels, is calling for regulation of digital currency exchanges at the European Union (EU) level, as well as more defined rules for initial coin offerings (ICOs), Reuters reported. The news outlet viewed the document, which was prepared for EU...
The headlines swirl around China and cryptos and a crackdown on trading, and even discussing them on social media. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
China is striving to curb cryptos, and speculation -- with nascent adoption of blockchain in financial services and beyond. Might "smart banking" and "smarter shipping" take root?
The Belgian Financial Services and Markets Authority (FSMA) added 28 new so-called fake crypto trading sites to its list of reported scams, The Next Web reported. With such scams, users visit a site wanting to buy crypto, such as bitcoin or Ethereum, will send fiat currency...
U.K.’s financial services providers watchdog, the Financial Conduct Authority (FCA), has sent out a warning about three crypto-related firms that have been operating without a proper license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Japanese eCommerce company Rakuten is planning to acquire the cryptocurrency exchange service called everybody’s bitcoin Inc., according to an announcement. The deal could happen through a stock purchase agreement between Rakuten subsidiary Rakuten Card Co., Ltd. and everybody’s bitcoin parent company Traders Investment, Inc. Get the...
Bitmain subsidiary BTC.com has rolled out a client designed for Ethereum blockchain mining, The Next Web reported. Already, the firm is one of the largest bitcoin mining pools: BTC.com, in particular, makes up 16 percent of the computer power behind bitcoin. In addition, the company...
The personal information of 130 million hotel guests might be sold on the dark web for eight bitcoins, which are currently worth about $56,000, according to The Next Web. The guests are all customers of one of the largest hospitality chains in China. A security...
