Tag: News

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Crypto Investor Sues U.S. Law Firm over ‘Erroneous’ Advice

A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds. According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker Daniels, one of the United States’ top…
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‘Bitcoin Fixes This’: Société Générale Closes Accounts of Its Critic

Julie Goislard. Source: a video screenshot, Le Parisien In yet another example of perils that can await customers of traditional banks, and an argument in favor of decentralized cryptocurrencies, French banking giant Société Générale has reportedly decided to close the accounts of Julie Goislard, the owner of a library in Clichy-la-Garenne, in northern France, and…
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Binance Aims to Support 180 Fiat Currencies in 2020

Source: Instagram, Binance In an attempt to “bring crypto to the masses,” major cryptocurrency exchange Binance aims to enable fiat-to-crypto trading for “180+ fiat currencies,” Changpeng Zhao, CEO of the company, said speaking of their goals for 2020. Binance.com has added support for 19 fiat currencies over the last couple of months, while three more…
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This Crypto Question Stumped TV Quiz Show Contestants + More News

The Argentinian edition of TV game show Who Wants to Be a Millionaire. Source: a video screenshot, Youtube, Telefe Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Contestants taking part in the Argentinian edition of TV game…
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Is South Korea’s Central Bank Set to Make a Digital Fiat U-turn?

South Korean media commentators are asking if the central Bank of Korea (BOK) has made a policy reverse on its stance towards central bank digital currency (CBDC) issuance. Sisa Journal reports that the BOK appears to have changed its tune on CBDCs of late. Last month, the BOK stated that it was “in the process…
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Is Coinbase on the Verge of Opening a Japanese Exchange?

Major U.S.-based cryptocurrency exchange Coinbase could be set to ramp up its presence in Japan, one the world’s of the most vibrant centers of cryptocurrency activity. Per recent job postings on the exchange’s website, Coinbase is looking to recruit an office manager with accountancy, HR and building management skills. The post specifies that the candidate…
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Legal Wrinkles Could Blight Taxman’s USD 67m Bithumb Ruling

Lawyers and politicians in South Korea have been debating the legality of the tax service’s recent decision to effectively serve crypto exchange Bithumb with a USD 67 million tax bill. As previously reported, South Korea’s National Tax Service (NTS) has attempted to force Bithumb to pay the withholding taxes on the trading activities of its…
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Japanese Education Chiefs Charged over Crypto Deal + More News

Source: iStock/D-Keine Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Osaka prosecutors have charged Meijo Gakuin Educational Corporation executives with embezzlement, claiming they over misappropriated local education authority funds. Per Nikkei, a former  Read more »Pay, Trade,…
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Russian Programmer ‘Sends’ USD 450m in Crypto to Fraudsters + More News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Russian computer programmer Alexei Bilyuchenko, who was involved in the collapse of Wex (World Exchange Services) exchange, says he was tricked into handing over its entire assets (USD  Read…
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Venezuelans Flock to Stores in their Droves to Spend Petro Payouts

An associative picture. Opinion in Venezuela is divided on the subject of the country’s state-run cryptocurrency, the Petro, as citizens continue to queue around the block for “up to seven hours” at crypto-friendly stores. Per a report from AFP, via El Dia, some citizens have expressed their frustration with Caracas on the matter after “hundreds…
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