Chinese police in Guangdong province reportedly froze several thousands of bank accounts that belong to cryptocurrency traders. The move was part of the authorities efforts to crack down on illicit activities but reports...

VaultAge Solutions CEO Willie Breedt might soon be facing charges as investors of his cryptocurrency firm are already discussing with lawyers how to proceed with their planned legal action. Around 2,000 investors of the...

Maltas futuristic Blockchain Island is facing a setback. In 2018, Malta announced its intention to regulate virtual financial assets by initiating legislation. The European country also invited several companies to...

Campaign group Positive Money is calling central banks to issue digital currencies. Positive Money published a report titled Money We Trust: Designing Cashs Digital Counterpart. The report called central banks like Bank...

Fintech Monzo has applied for a U.S. banking license. The U.K.-based bank has over 4 million customers. On April 20, it applied to the US Office of the Comptroller of the Currency for the license, The Telegraph...

Ripple Labs and CEO Brad Garlinghouse are suing YouTube. Ripples complaint against YouTube centers around the XRP Giveaway scams that rely on hijacked accounts and fool victims into believing that they will receive more...

The central bank of the Netherlands, De Nederlandsche Bank (DNB), wants to play a huge role in the digitalEuro. The central bank released a 45-page report expressing its interest in playing a leading role in central...

The Central bank of Argentina is working on a proof of concept that is focused on implementing a decentralized platform powered by RSK technology that allows end-to-end traceability of account debit claims. IOV Labs...

The US Congress published another COVID-19 bill titled Automatic Boost to Communities Act or ABC Act and it included the digital dollar. In March, previous bills from Democrats and the senate also suggested the use of...

The National Crowdfunding and Fintech Association of Canada (NCFA) advises Prime Minister Justin Trudeau to use fintech firms to speed up the distribution of capital to small businesses during the coronavirus...