The government of Ukraine approved the final version of a money laundering law, that is going to handle digital assets and digital asset providers as per FATF guidelines.  The Rada which is Ukraine’s major legislative body published the law that;  refers to virtual assets as stores of wealth. In fact, it also recognized the potential of financial crimes such as fraud, financing of terrorists and fraud.  Applying Both Party verification  Meanwhile, the legislation comprised of guidelines for the governments intended method of monitoring the trading of cryptocurrencies. One such guidelines pays attention to individual crypto transactions that are worth less

Immigration officers in Thailand have arrested 24 Chinese fugitives for an alleged cryptocurrency scam in Bangkok. The Immigration Bureau of the Royal Thai Police arrested the 24, seized 424 mobiles, phones, 61 laptops and a number of routers. Meanwhile, the Bureau stated that the head of operation hired employees on a three month contract.  Wherein he paid all expenses of the contract including a $710 monthly salary. Passport Possession Scam Once after arrival, workers surrendered their respective passports to the head of operation;  as well as begin working in shifts from 9:00 am to 10:00 am.  It is alleged that

India’s central financial institution, The Reserve Bank of India (RBI) is reportedly set to launch India’s first digital currency. The regulatory institution in a surprising turn of events revealed that it is thinking about developing a sovereign digital currency for the Asian nation. RBI governor Shaktikanta Das said that the issuance of the digital currency was that of a sovereign mandate and would not be handed over to a private company for development. He also reiterated that the central bank was against the issuance of private cryptocurrencies within the country. It is understood that the development of the digital currency is

Binance has recently put up job postings on LinkedIn, which suggest that the major crypto exchange is looking for staff. The search for the crew is on to establish the company’s office in Turkey. The company’s LinkedIn page listed five open positions on December 6. The purpose of setting up an office in Turkey is to establish a local presence for the company in Istanbul. The company is all set to bring onboard managers to handle its marketing, compliance, finance, and PR divisions.   Roadmap In Turkey The CEO of Binance Changpeng Zhao recently threw light on the exchange’s expansion

Accounting company Ernst & Young just released open-source code that could significantly boost privacy and efficiency of Ethereum transactions. The only comes only a day after the network underwent an update to further boost its security and reduce costs. EY Supercharges Ethereum Privacy Meanwhile, Ethereum has been constantly strengthening its technicalities; however recent ETH prices have not yet reflected the improvements. translated in the token price. Nevertheless, several big corporations collaborating with Ernst & Young have been building on top of the Ethereum Blockchain, to improve efficiency.  Note that EY is implementing the public Ethereum blockchain to transform Business to

Mnuchin and Powell are not in any hurry to issue digital currency. Facebook also wishes to collaborate with them to make digital payments. It might be great for their customer base, says paul. Many central banks, including the people bank of china, discussed creating digital currencies. Secretary Munchin also told that they would not require digital currencies for over five years to come. This describes a lot about the current status of the digital currency system.   Insight Details of Conversation  Mnuchin also mentioned that he and Powell talk weekly on this topic, and after having a thorough discussion, they

NEXT BLOCK Asia 2.0 Revisits Bangkok; Ends with GURUS Influencer Awards NEXT BLOCK ASIA has revisited Bangkok to set the stage for discussions between experts from cryptocurrency, traditional finance, and affiliate industries. Advertisers and affiliate network leaders joined cryptocurrency visionaries and CEOs of successful startups to speak about the future of their industries and discuss synergies. The conference was a one-day event and took place in Bangkok’s epic W Hotel. It was packed with five impactful panel discussions and seven presentations, alongside an expo and coffee zone with nine booths. 36 speakers from 16 countries, including crypto experts such as

The Latest Dark Horse in The Blockchain Space New technologies should contribute to business development. First of all, they should help small and medium-sized businesses to become more competitive. Moreover, these companies account for about 55-60% of GDP in developed countries. The same is true for blockchain. This unique technology can help small businesses in developing countries to reduce costs and find their customers in a capacious international market. To use the technology in this context, the Hasanah project was created, which we will talk about today. Out of the 14 international rating agencies analyzed by the CryptoLaboratory, the project

Binance.US Partners With Crypto Brokerage Tagomi To Offer Institutional Liquidity Continuing Its Mission to Broaden Crypto Exposure for the U.S. Marketplace SAN FRANCISCO – Nov. 21, 2019 – The American digital asset marketplace, Binance.US, today announced a partnership with Tagomi, an institutional investor-focused brokerage, to provide liquidity for its cross-exchange trading platform. The partnership will offer Tagomi’s users, namely quant funds, venture funds, family offices, IRAs and HNWI, increased access to the marketplace’s select trading pairs. With the tailwind of a successful launch at its back, Binance.US hopes to gain additional momentum with strategic partnerships that add liquidity and broader

World Blockchain Summit,  from 1 – 2 December 2019 at the InterContinental Bangkok, Thailand Trescon’s 14th World Blockchain Summit to Debut in Thailand This December World Blockchain Summit (WBS) will expand its footprints into Thailand this December, hosting the world’s leading thinkers in blockchain who will give an outlook on the Blockchain and Crypto Ecosystem of Thailand. The summit will feature top speakers including Prinn Panitchpakdi, Felix Mago and Kullarat Phongsathaporn to name a few. Monday, 18 November 2019 (Bangkok): The 13th global edition of Trescon’s World Blockchain Summit successfully concluded in Dubai last month, pulling together over 1000 participants

Cryptoknowmics Team Lands In Singapore for Binance Super Meetup The Cryptoknowmics Team has recently landed in Singapore to attend the Binance Super Meetup. The team comprises of industry veterans like the company CEO Ajay Agarwal, Marketing and Relations Head Alok Agarwal, Business Development Head Prasenjeet Kashyap, and Arun Sharma. These industry experts would engage with some of the leading names in the blockchain industry during their stay in the island nation. Considering the role that Cryptoknowmics has played in bringing people closer to the crypto world, the team will further contribute to spreading the company’s vision toward creating a crypto-friendly

Tune.fm Launches Grammy Award-Winning Music Catalog from Advisor  Mathew Knowles’ Label on its Crypto Music Streaming Platform  JAM cryptocurrency is the first token on Hedera Hashgraph  for music streaming micropayments PHILADELPHIA, PA — November 7, 2019 — Tune.fm, the first streaming music platform on the Hedera Hashgraph network that’s designed to help artists earn their fair share, today announced the official availability of Music World Entertainment’s (MWE) music catalog, founded by music mogul and Tune.fm advisory board member Mathew Knowles. Tune.fm  solves a critical music industry problem:  fair and fast payments to artists. The company’s novel pay-as-you-go business model uses