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North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions

A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like…

Changes Afoot for Philippine Crypto-Friendly Economic Zone

The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued…

Gold Industry Can Learn From Cryptocurrency, Says Barrick Gold’s COO

Barrick Gold chief operating officer Catherine Raw compared the industry of gold to cryptocurrency in an interview with Fortune. While Raw believes that gold is a better store of value asset, she said that the industry for gold could learn from cryptocurrency in targeting younger…

Another Swiss bank now offering trading and custody of bitcoin and ether

Arab Bank Switzerland, a sister company of Middle East-based banking giant Arab Bank, is now offering trading and custody services of bitcoin (BTC) and ether (ETH), the world’s two largest cryptocurrencies. The move means Arab Bank Switzerland’s high net-worth clients, including business leaders and family…

Volatility Returns to Bitcoin With Violent Drop – Price Analysis

A sharp dip in the price of Bitcoin comes as the leading crypto closes in on the end of a long consolidation period. Further downside is possible to the lower limits of the range. The move comes as Bitcoin dominance declines sharply – giving the…

Digging deeper into Ethereum and Bitcoin’s fee markets

Earlier today daily transaction fee revenue on Ethereum surpassed that of Bitcoin for the first time since February, a significant event in light of the fee market’s structural importance for protocols’ security and store of value properties. The following charts provide more granular insight into…

SEC sues ICOBox and founder for $14M ICO and $650M broker-dealer violations

Link to Complaint The SEC filed a lawsuit in federal court in the Central District of California today against “ICOBox” and its founder Nikolay Evdokimov. According to the Complaint, the defendants violated federal securities laws by selling tokens that were unregistered securities and acting as…