The head strategist of Fidelity Investments is leading a new cryptocurrency fund. “Wise Origin Bitcoin Index Fund I, LP” has a buy-in of at least $100,000, according to a filing with the U.S. Securities and Exchange Commission (SEC). The general partner of Wise Origin is FD Funds...
Internal pilots of China’s official cryptocurrency are in progress in multiple cities, and there are intentions to use the digital currency at Beijing’s Winter Olympic Games in 2022, Reuters reported. The head of the People’s Bank of China’s (PBOC) monetary policy section, Sun Guofeng, said...
Huawei has created a technology based on the blockchain to help the Beijing government more effectively monitor and supervise citizen information, CoinDesk reported. The effort is reportedly part of the “New Infrastructure Initiative” of the country to allow for information to be unchangeable and provided...
Asian digital asset platform OSL was given initial approval Friday (Aug. 21) to operate a virtual asset trading platform, according to a press release. Once the approval is finalized, the license will allow it to work in dealing in securities and as an automated trading...
South Korean tourist destination Jeju Island will harness ICONLOOP’s Decentralized Identity (DID) blockchain infrastructure for contract tracing purposes to safeguard the wellness of the area’s 15 million yearly visitors, according to an announcement. ICONLOOP said an agreement was inked between the Jeju Special Self-Governing Province...
The operators of a purported international digital currency “ponzi scheme” and a lawyer are facing charges of money laundering and fraud, the United States Attorney’s Office for the Southern District of New York said in a press release. The individuals were charged for their participation...
Binance helped catch a purported cybercrime organization behind an alleged $42 million laundering effort, according to a statement from the cryptocurrency exchange. The platform said that “suspicious activity” that its Sentry workforce found and examined in conjunction with Ukraine’s Cyber Police brought about the identification...
The Pantera Venture Fund III has notched $164.7 million in private investments from slightly fewer than 200 investors, CoinDesk reported, citing a U.S. Securities and Exchange Commission (SEC) Form D filing. The outlet noted that a Form D exempts offerings geared toward accredited investors from...
China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ). The plan will come with a large number of cities in which to test the currency, including Beijing and the provinces Tianjin...
