Bahrain Accelerates Setup Process for Fintech Startups
The Bahrain Economic Development Board (EDB) has launched a fast-track setup program for fintech startups in the region to boost their initiation and growth process. Thus, in an attempt to look beyond oil and gas, the middle eastern economies are now
FATF Releases Guidance on Global Digital IDs as Use Cases Grow
The Financial Action Task Force (FATF) wants financial institutions to prepare for the global expansion of digital identification systems.FATF published its draft guidance on digital identity Thursday, for governments, regulated entities and other stakeholders to enforce anti-money laundering (AML) and counter financing
Craig Wright Says He Has No Funds for Settlement in Kleiman Case
The latest court documents in the David Kleinman versus Craig Wright case filed on Nov. 1 reveal that Wright — the self-proclaimed Bitcoin (BTC) creator Satoshi Nakamoto — informed the plaintiff that he could not finance a 500,000 BTC ($4.5 billion) settlement. Read more on
Is China Throwing Its Weight Behind Blockchain?
Here’s a surprising sentence: the Politburo of the Communist Party of China held a special meeting to learn more about blockchain The first reason that’s surprising is who. The Politburo is made up of China’s 25 most-senior officials, mostly in their
Trial Back on After Craig Wright Fails to Pay Kleiman Settlement
Australian-born technologist Craig Wright has attested that he cannot finance his court settlement negotiated with the Kleiman estate. According to a court document filed in the Southern District of Florida Oct. 30, Wright pulled out of the settlement agreement in which he would forfeit half
Former US Congressman Ron Paul Receives His First Bitcoin
Former Texas Republican congressman and presidential candidate Ron Paul received his reportedly first Bitcoin (BTC) from Bitcoin Foundation board member and Bitcoin wallet startup Ballet Crypto founder, Bobby Lee, on Oct. 28. Read more on Cointelegraph.com