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Kuwait plans to launch national payment system and digital currency

The Central Bank of Kuwait (CBK) plans to launch a national payment system. It will comprise various elements including electronic banking system, wages protection...

Galaxy Digital suffers financial losses against the background of continuing bear...

Galaxy Digital Holdings, a cryptocurrency merchant bank owned by billionaire Mike Novogratz, reported a loss of $76.65 million in Q3 2018 alone. The reason...

Malaysia plans to enact cryptocurrency and ICO regulation in 2019

Cryptocurrency and ICO regulation will come into force early next year in Malaysia, as reported today by local media sources. According to the country’s finance...

U.S. authorities are closing a Russia-based ICO scam

North Dakota State authorities disclosed a scam ICO which was disguising itself as a website of Lichtenstein-based Union Bank AG to promote “unregistered and...

Central Bank of Azerbaijan will implement smart contracts

The Central Bank of Azerbaijan (CBA) is currently preparing for the implementation of smart contracts which “will automate all the processes”, while excluding the...

Cryptocurrency licenses in Estonia: First year overview

By Nikolay Demchuk Almost one year has passed since the new Money Laundering and Terrorist Financing Prevention Act (MLTFPA) came into force introducing two types...

Russian parliamentarian: Russia may soon see the emergence of the digital...

According to the Head of the State Duma’s Committee for Financial Market Anatoly Aksakov, if approved by the Bank of Russia, digital ruble may...

South Korean court ruled in favor of a cryptocurrency exchange against...

A South Korean district court has ruled that Nonghyup Bank's decision to stop providing services to the cryptocurrency exchange Coinis should be revoked because...

Hitachi and the State Bank of India join efforts to develop...

Hitachi Payments is entering into a joint venture with the State Bank of India (SBI), the largest bank in the country, to establish a...

National Bank of Canada has successfully tested a blockchain solution developed...

The National Bank of Canada (NBC), one of the country’s major banks, has successfully completed a pilot program for implementing blockchain technology in trade...

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