Search Results for: Southern

Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports

Central and Southern Asia are emerging as dominant regions in the global grassroots adoption of cryptocurrencies, according to the 2023 Chainalysis Global Crypto Adoption Index released on September 12. Chainalysis, in its fourth annual Global Crypto Adoption Index, measures countries’ involvement in the crypto space by combining on-chain data with real-world statistics. The focus isn’t … Continue reading Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports

FinTech in Belt and Road – Transforming French Freight Logistics with Blockchain

The Fourth Belt and Road Summit was held over two days in September at the Hong Kong Convention and Exhibition Centre (HKCEC). The Summit was organized in a joint effort by the Hong Kong Government, the Hong Kong Trade and Development Council (HKTDC). The event was attended by top government officials and business leaders from … Continue reading FinTech in Belt and Road – Transforming French Freight Logistics with Blockchain

Fintech in Belt and Road – the Bavarian Benefits

Belt and Road Initiative—Germany In May 2019, the Munich-based German think tank—Ifo Institute published a study highlighting that the China-proposed Belt and Road Initiative (BRI) can help Bavarian companies enter new markets and ease access to raw materials. The study indicates that through the BRI, trade between Germany’s Bavaria and China is expected to increase by nearly ten … Continue reading Fintech in Belt and Road – the Bavarian Benefits

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.   In the class-action suit, the New York-based legal firm alleged that Bitfinex and Tether had been involved in manipulating markets and concealing illicit proceeds, as stated in … Continue reading Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

The United States Securities and Exchange Commission (SEC) seems set on making an example of Telegram, but the fight is far from over. Telegram has asked, in an October 16th filing, the United States of America’s district court for the Southern District of New York to deny the request by the SEC for a preliminary injunction … Continue reading Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Chinese City Tests Blockchain-Powered Cross-Border Financial Platform

Nanning, a Southern Chinese City, located in Guangxi Region, has experimented with a blockchain-enabled cross-border financial platform. Notably, it joins several Chinese cities, such as Ningbo and Xiamen, seeking to revamp their economic systems using cross-border blockchain networks.  As reportedby the Global Times, Nanning’s blockchain service system seeks to refurbish the present trade financing procedure … Continue reading Chinese City Tests Blockchain-Powered Cross-Border Financial Platform

Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea

A judge has ruled that the U.S. Department of Justice has enough evidence to move to trial against Ethereum developer Virgil Griffith. The Ethereum research scientist was arrested in Los Angeles last week and charged for allegedly aiding in the circumvention of U.S. Sanctions that have been placed on the Democratic People’s Republic of North … Continue reading Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea

Telegram to Release Financial Statements to the SEC in Gram Token ICO Case

The United States Securities Exchange Commission (SEC) has asked Telegram to release its financial statements, which includes bank records, as the regulator believes will prove the misconduct in the $1.7 billion offering of Gram tokens. According to the filing on Jan. 13, by the international privacy laws and the new information with the court of … Continue reading Telegram to Release Financial Statements to the SEC in Gram Token ICO Case

India’s Telangana State Keeps the Ball Rolling with Blockchain-Centered Incubator

The administration of Telangana, a Southern Indian State, has announced the set of a startup incubator for blockchain technology developers. As reported by The Times of India on Feb 4, the incubator progam will be established in collaboration with reputable educational institutions in the state, such as IIIT-Hyderabad and the Indian School of Business.  Telangana’s … Continue reading India’s Telangana State Keeps the Ball Rolling with Blockchain-Centered Incubator

SEC Fights Telegram on Gram Token Sale at US Court Battle

The cryptocurrency and blockchain community have been closely watching the court case between the United States Securities and Exchange Commission and Telegram over the legality of the latter’s $1.7 billion token offering.   Judge P. Kevin Castel of the US District Court for the Southern District of New York started the hearing by stating that both the SEC and Telegram … Continue reading SEC Fights Telegram on Gram Token Sale at US Court Battle

Exit mobile version