Illinois County Treasurer becomes first political candidate to accepts crypto donation
Holly Kim, a treasurer in Lake County, Illinois, is said to be the state’s first political candidate to accept cryptocurrency campaign contributions. Kim recently got a $3 Litecoin (LTC) donation from Mark Tan, the founder of T Capital Coin, an investment management firm based in Lake Forest, according to the Chicago Tribune on Wednesday . […]
Kyrgyzstan reportedly introduces regulatory framework for crypto exchanges
The Kyrgyzstan Republic’s government is taking steps toward cryptocurrency adoption by establishing a nationwide regulatory framework for crypto trading platforms. According to local news source 24.kg, Kyrgyzstan’s State Service for Regulation and Supervision of Financial Markets (Gosfinnadzor), a regulatory agency under the Ministry of Economy and Finance, has created a draft law for regulating crypto […]
Singapore Myanmar Investco considers delving into crypto mining
Singapore Myanmar Investco (SMI) investment firm has announced the purchase of 800 bitcoin mining machines, which would be deployed at locations across Southeast Asia. The move will give the company’s retail consumers access to cryptocurrency mining, according to Mark Bedingham, the company’s CEO, “while creating tremendous shareholder value.” SMI, which is listed on the Singapore […]
Korean FSC chief candidate does not see cryptocurrencies as financial assets
Cryptocurrencies are not considered financial assets by Seung-beom Koh, a candidate for chairman of the FSC. He also said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset.” Fintech specialists from significant organizations such as the G20, the International Monetary Fund, and others “find it difficult to […]
PAWS Chicago now accepts cryptocurrency
PAWS an animal rescue organization in Chicago is now accepting crypto donations in order to get shelters for their resident cats and dogs. According to the CEO, the organization is eager to connect with the growing cryptocurrency community. PAWS Chicago said on Tuesday that it would accept Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), and other […]