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South Korea Finds Nearly $600 Million in Crypto Crime

Reports from the 대한민국 Republic of South Korea (ROK) indicate its Customs Service announced on Wednesday, 31 January 2018, it has discovered “cryptocurrency crimes” which amount to nearly 600 million USD. South Korea Customs Service Finds Almost $600 Million in Cryptocurrency Crime ROK Customs Service released a statement claiming to …

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Hawaii’s New Money Transmitters Act Will Require Virtual Currency Licenses

The state of Hawaii is planning to regulate the use of bitcoin and digital currencies that would require licensure to transmit cryptocurrency-based funds. Two bills introduced by a group of partisan Hawaiian lawmakers are focused on digital currencies as a monetary instrument under the state’s Money Transmitters Act. New Definitions …

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Ukraine’s Cyberpolice Supports Legalization of Cryptocurrencies

The cybercrime combating department of Ukrainian Police has voiced support for the legalization of cryptocurrencies despite sharing some concerns about them. The Cyberpolice unit also noted the need to regulate cryptos “as soon as possible”. Ukrainian parliament is yet to adopt new legislation amid mounting calls from other institutions to regulate cryptocurrencies. …

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Coinshares Group Plans to Launch New Crypto-Investment Funds

This week the firm Coinshares Group has announced two new investment vehicles tethered to cryptocurrencies. Coinshares was the first organization to launch publicly traded bitcoin and ethereum-based exchange-traded-notes (ETN), and the firm’s new funds will offer retail investors more “familiar channels” to invest in the growing digital asset economy. Two …

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Venezuela Releases Petro Whitepaper Ahead of ”$5 Billion ICO”

Venezuela’s oil-backed cryptocurrency, the petro, is a step closer to reality following the release of the official whitepaper. The eagerly anticipated document outlines the token model and crowdsale mechanism that will be used to launch the ethereum-based project in February. Having been officially signed off by president Nicolás Maduro, the …

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Fully Funded Chinese Government Scholarships at Shanghai University, 2018

The new Chinese Shanghai University Postgraduate Program Scholarship is now available on offer for all new international students to study in China. The program provides a full scholarship which covers tuition waiver, accommodation, living allowance, and comprehensive medical insurance. Chinese University Postgraduate Program Scholarship is sponsored by the Chinese Government; it …

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