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Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini Allows Withdrawals for Voyager Users

26.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini...

South Korean Court Rules That Bitcoin ‘Is Not Money’ – And Crypto’s Not Subject to Interest Rate Rules

26.6.2023
A South Korean court has ruled that “Bitcoin (BTC) is not money,” and that “interest rate rules don’t apply” to business deals involving cryptoassets. Per Hanguk Kyungjae, the ruling was made by the Seoul High Court’s Civil Division in a case involving two firms, both of which were unnamed...

Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets

23.6.2023
A lawyer representing Onecoin victims has urged Bulgarian authorities to reopen an investigation into the crypto pyramid scheme and seize assets to compensate his clients. The attorney is asking officials in Sofia to take into account developments he considers related to the case, including...

Crypto Yield Firm Haru Invest Sacks 100+ Employees Following Withdrawal Halt

23.6.2023
Haru Invest, a struggling South Korean crypto yield platform, has reportedly terminated contracts for over 100 employees. "After much consideration, it comes with a heavy heart to inform you that we will be minimizing the operations of Haru Invest and its affiliated companies to prevent further...

BRICS: History, objectives and an overview of the global alliance

23.6.2023
Explore how the emerging economies of Brazil, Russia, India, China and South Africa cooperate in areas such as economics, development and global governance

Crypto Friendly Xapo Bank Expands to India, Rest of South Asia

22.6.2023
Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape."

South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report

22.6.2023
Earlier this month, Haru Invest halted withdrawals and deposits

Do Kwon gets 4 months in prison in Montenegro on fake passport charges

19.6.2023
Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport

South Korean Security Tokens Market ‘May Be Worth $287B by 2030’

17.6.2023
South Korea’s financial industry thinks the nation’s security token offerings (STO) market could be worth $287 billion by 2030, with the biggest commercial banks in the country “lining up” to get involved. Per EDaily, the Hana Financial Group’s Management Research Institute predicted that...

Terra Luna Founder Do Kwon to Stay in Custody Amid South Korea's Extradition Request

16.6.2023
Do Kwon, the founder of failed blockchain project Terra, could stay in custody for up to six months while Montenegro's courts consider an extradition request from South Korea. On Thursday, a Montenegro court extended Kwon's stay in custody for an additional six months as he awaits trial...

SEC argues against Dentons' motion to dismiss Terraform and Do Kwon's lawsuit

16.6.2023
Terraform and Do Kwon lawyers used a U.S. House hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit

France’s Macron Hopes to Attend BRICS Summit in South Africa, Report

16.6.2023
French President Emmanuel Macron wants to join the leaders of the BRICS nations when they meet in August, according to a press report. While his participation in the multipolar bloc’s summit is uncertain, Macron has already scheduled another summit in Paris to discuss the establishment of...

Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request: Report

16.6.2023
Courts in the country approved bail for the Terraform Labs founder, but a South Korea extradition request is set to keep him in jail

Do Kwon heading into extradition custody in Montenegro after receiving bail: Report

15.6.2023
The Terra Labs co-founder will be held for up to six months while the Montenegrin court considers South Korea’s extradition request

Ripple partners with Colombia’s central bank to explore blockchain technology

15.6.2023
The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public

S Korean Crypto Lender Delio Suspends Withdrawals – What Do We Know?

15.6.2023
The South Korean crypto lending platform Delio says it is “temporarily” suspending deposits and withdrawals, as financial regulators say they are “investigating” the situation. The platform is a crypto lending service and wallet, which holds an official virtual asset service provider (VASP)...

Register Here for a Weekly News Update on Latin America

15.6.2023
Due to the unique traits it presents, Latin America has been a thriving region for cryptocurrency, as the technology aims to complement or even substitute traditional finance components that cannot be used in certain countries in the area. Marked by the vast differences between its countries...