Global law enforcement agency International Criminal Police Organization (Interpol) issued a warrant for Terraform Labs co-founder Do Kwon just weeks after South Korean authorities issued a warrant for his arrest. A red notice allows South Korea to get help from global law enforcement bodies in locating and “temporarily arresting[ing] a person awaiting extradition, surrender or similar legal action.” General Manager of Global Manhunt for Terraform Labs Just weeks after the South Korean authorities issued arrest warrant for Do Kwon and his associates, the global law enforcement agency International Criminal Police Organization (Interpol) allegedly issued a red notice for the co-founder
Category: Blockchain
Interpol issues red notice for Do Kwon: Report
Kwon claims he is not on the run, but his location is unknown after Singaporean authorities said he was not in the city-state. Source link
Southeast Asia’s Biggest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand – Bitcoin News Exchanges
Southeast Asia’s largest bank, DBS, has launched standalone cryptocurrency trading through its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS launches self-directed crypto trading DBS, the largest bank in Southeast Asia, announced on Friday that it has “introduced stand-alone cryptocurrency trading through DBS digibank”. Announcement Details: Eligible clients can now trade cryptocurrencies on DBS Digital Exchange (Ddex) through DBS digibank at their convenience. The DBS digital asset exchange currently supports trading in four cryptocurrencies — bitcoin, bitcoin cash, ether and XRP. Previously, cryptocurrency trading on the stock
Governor Gavin Newsom vetoes California’s ‘BitLicense’ bill
“On May 4, 2022, I issued Executive Order N-9-22 position California as the first state to establish a transparent regulatory environment that fosters responsible innovation and protects consumers who use financial services and digital asset products – all in the context of a rapidly evolving federal regulatory landscape,” Newsom wrote in a message explaining his veto. “Over the past several months, my administration has conducted extensive research and intelligence to gather access dataethat balance the benefits and risks for consumers, comply with federal rules, and incorporate California values such as equity, inclusivity and environmental protection.” Source link
Iran Begins Central Bank’s ‘Crypto Rial’ Digital Currency Pilot Project Today – Featured Bitcoin News
The Central Bank of Iran (CBI) has reportedly started a pilot project for its central bank digital currency (CBDC), also known as “cryptoreal”. The Iranian Chamber of Commerce explained that “crypto rial is designed in a way that is easy to track, and even if data on smartphones is hacked, crypto rial can be traced.” Pilot ‘Crypto Rial’ launched today The Central Bank of Iran (CBI) announced on Wednesday that it will begin a “pilot launch of crypto-riyal” on Thursday. according to Iran Chamber of Commerce, Industry, Mining and Agriculture. Cryptoreal refers to the Central Bank of Iran’s digital currency
Cryptos Yo-Yo After Hawkish Rate Increase; Ether’s price has dropped, regulators may soon be circling. What’s Next for Ethereum After the Merger?
“(There is) the possibility of recognizing ETH as a security token. On the one hand, after the transition to PoS, the coin will have signs of security, such as, for example, the expectation of earnings. And many financiers say that such an outcome is possible,” Serhii Zhdanov, executive director of the crypto exchange EXMO, said in a Telegram message. Source link
Guggenheim’s Scott Minerd Discusses ‘Biggest Investment Opportunity’ — Warns Stocks Vulnerable to Further Decline – Markets & Prices Bitcoin News
Guggenheim Asset Management’s chief investment officer, Scott Minerd, says the current market has provided “the biggest investment opportunity in a generation.” He also warned about some investments that he expects will continue to decline. Guggenheim’s Scott Minerd on ‘The Greatest Investment Opportunity of a Generation’ Guggenheim Partners Chief Investment Officer (CIO) Scott Minerd shared what he believes to be the best investment in the current market and economic conditions in a series of tweets on Monday. Minerd is also chairman of Guggenheim Investments, the global asset management and investment advisory arm of Guggenheim Partners. Guggenheim Investments has approximately $325 billion
Where in the world is Do Kwon? Terra co-founder’s absence underscores extradition complications; Cryptos climb ahead of FOMC
Taiwan has a government, a clearly defined territory, a currency, a national language and an army; but due to pressure from the People’s Republic of China, it is excluded from most of the world’s international organizations, including the United Nations, the World Health Organization, the International Civil Aviation Organization and Interpol. Source link
Quebec Mohawk Council in Kahnawake Seeks Energy to Launch Crypto Mining Opportunity – Bitcoin Mining News
According to a report by the Canadian Local Journalism Initiative, members of the Mohawk Nation of Kahnawake are considering using electricity from Hydro Quebec to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) has created a new organization to explore crypto-mining opportunities that could be added to the Council’s economic development portfolio. Mohawk Council Members Create Kahnawake Blockchain Technologies, Crypto-Mining Research Group Members of the Mohawk Council of Kahnawake (MCK) and newly formed Kahnawake Blockchain Technologies (KBT) are interested in expanding their economic development opportunities through cryptocurrency mining. Marcus Bankuti, reporter of the Local Journalist Initiative (LJI) announced
Craig Wright Could Have ‘Dragged’ Andresen During Private ‘Satoshi’ Signing Session: Trial Witnesses Explain
Andresen has since all but condemned Wright, saying he “fooled” him with “funky evidence” that day in 2016. Andresen’s belief in Wright’s identity as Satoshi was a cornerstone of Wright’s defense in his trial against Hodlonaut (real name Magnus Granath), one of two simultaneous legal battles between the two over a series of tweets in March 2019 in which Hodlonaut considered Wright a pretender and called him by “fraud” and “fraud”. Source link
