Huobi stops operation in Beijing China
Huobi’s has resolved to dissolve its China-based entity in Beijing. According to the company, “since this corporation has not had any business operations, it is unneeded and has asked for cancellation.” According to publicly available papers, shareholders in the Chinese corporation that was created to operate cryptocurrency exchange, Huobi have decided to liquidate the entity. […]
Indian government seeks to use Ethereum blockchain to verify false educational certificates
The educational system is beginning to see a future in blockchain technology, as the Indian government partners with LegitDoc a blockchain company to implement an e-governance system for higher education. Maharashtra’s government recently announced a cooperation with Indian blockchain company LegitDoc to build an Ethereum-based credentialing system that will offer tamper-proof diploma certificates . The […]
Bitmart exchange requests restraining order against hackers from a New York Court
Bitmart’s owner has filed a request to prohibit Chinese hackers from selling forged Bitcoin SV (BSV) on its open market. According to a July 26 article, Bitmart’s owner, GBM Global Holdings , filed its bid with a federal judge in New York, despite the fraudulent operations taking place mostly outside of the state. Nonetheless, the […]
Pennsylvania lawmakers propose a crypto task force bill
In Pennsylvania’s general assembly, a bill to create a crypto task group has been introduced, the bill will examine the impact of crypto and digital currencies across the Commonwealth of Pennsylvania. The proposed crypto task group will be mandated to evaluate the potential consequences of widespread crypto and digital currency adoption in the state, according […]
Kazakhstan Banks reportedly starts providing crypto services
Local banking institutions in Kazakhstan to open cryptocurrency-related bank accounts, according to a local news station report. This will enable local crypto businesses to provide crypto investment services legally. Kazakhstan’s government is apparently intending to legally enable local banking institutions to open cryptocurrency-related bank accounts. Several banks in Kazakhstan will soon be formally permitted to […]