Monex head Oki Matsumoto said that he appreciates Bank of Japan’s plan to study the development of a digital currency and that he believes it will help the country move toward a more efficient, digitized economy
DoJ: Ethereum expert helped North Korean sanction busting
The Department of Justice arrested the Ethereum Foundation’s Virgil Griffith for allegedly teaching North Korea to use cryptocurrency to avoid economic sanctions
Here’s a clue: if you’re going to teach North Korea how to use cryptocurrency to evade sanctions, don’t post your visa on Twitter. Particularly if the U.S. State Department has warned you not to go.
Facebook stands firm on 2020 Libra cryptocurrency launch
Despite heavy resistance, the head of the Libra Association said the group is ‘firmly maintaining’ plans to take its stablecoin live as early as June
Facebook’s cryptocurrency will launch as early as June 2020, Libra Association head Bertrand Perez told a French newspaper on September 13.
Exchange hacks funded North Korean nukes
The rogue state stole $2 billion from cryptocurrency exchanges over the past two years, using it to fund nuclear weapons development
North Korea funded its nuclear weapons research by looting cryptocurrency exchanges of $2 billion, according to a confidential UN report.