South Korean finance minister confirms there will be no cryptocurrency trading ban. This follows news that South Korea Customs Service report cites $600m of illegal foreign currency exchanges using digital currency.
Kodak delays KodakCoin ICO over issues attributed to verifying that US investors are accredited.
Digital payments company Square rolls out Bitcoin payments to most of its Cash App users
Venezuela President announces that the initial sale of the countries proposed Petro coin will launch next month. The country has turned to alternative sources of financing after it struggles to manage its current debt burden and is prohibited by U.S sanctions from issuing more debt.
An anonymous report looks into Tether and its pattern of USDt creation and correlation to bitcoin. It concludes that the growth in USDt is unlikely to be organic and could be in response to market conditions.
Cryptocurrency exchange Huobi makes plans to launch in the US. This will likely be funded with the proceeds of the recent token offering from Huobi
Popular messaging app Line plans to launch a cryptocurrency service
Russia’s largest state owned bank, Sberbank, plans to launch a cryptocurrency exchange out of it’s Swiss branch. The exchange will target institutional investors.
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