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South Korea's Finance Watchdog Is Forming a Crypto Division

South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain.

Korean won

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TSMC Says Crypto Mining Demand Will Fall in Q3

Semiconductor manufacturing giant TSMC said Thursday that it expects demand for cryptocurrency mining-related products to cool.

Wafer

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Police Force Confiscates 295 Bitcoins from Criminal in UK First

A British county police force has become the first in the country to have successfully seized and sold bitcoins obtained in a criminal case.

uk police

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Report: Blockchain Spending to Hit Nearly $12 Billion By 2022

Spending on blockchain solutions is forecasted to increase annually at a growth rate of close to 75 percent through 2022, according to a new report.

shutterstock_712977508

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Ex-Trump Advisor Steve Bannon Is Making a Cryptocurrency

Steve Bannon, former chief strategist to President Donald Trump, confirmed Wednesday that he is working on a cryptocurrency of his own.

Bannon

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US Consumer Finance Watchdog Opens Regulatory Sandbox to Blockchain

The CFPB is launching a regulatory sandbox to encourage innovation in new tech such as blockchain, acting head Mick Mulvaney announced Wednesday.

(photoiva/Shutterstock)

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Vietnam Inches Closer to Suspending Imports of Cryptocurrency Miners

The country's central bank has agreed to a proposed suspension of cryptocurrency miner imports, a local new source reported on Thursday.

port vietnam

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All 'Big Four' Auditors to Trial Blockchain Platform for Financial Reporting

The world's four biggest auditing firms will join 20 banks to trial a blockchain service for validating public companies' financial reports.

bills

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Government-Backed Blockchain Trade Platform Launches in Singapore

A digital services firm owned by a Singapore government agency and a major port operator has launched a blockchain platform for cross-border trade.

singapore port

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Billionaire Marc Lasry Sees Bitcoin's Price Reaching $40,000

Billionaire investor and fund manager Marc Lasry said the price of bitcoin has the potential to reach $40,000.

bitcoin, pounds