1. SEC Postpones VanEck Bitcoin ETF Decision to February 27, 2019
  2. Hyperledger Committee Confirms New Modular Cryptography Software Library for DLT Development
  3. G20 Countries Agree to Regulate Cryptocurrencies as per FATF Standards
  4. Crypto Bank CEO Found Guilty of Embezzlement of ICO Funds
  5. Amber Baldet supports the needs of enterprises and decentralized blockchain
  6. Hong Kong-based Crypto Exchange Bit-Z starts its XRP-USD Trading pair
  7. Israeli Company introduces Three Cryptocurrency Investment Funds
  8. Italian Securities Watchdog Orders Unauthorized Crypto Companies
  9. Crypto hedge funds closing up shop soon, says Morgan Creek
  10. Litecoin Looks Positive Going Forward
  11. Recent Stability of Bitcoin makes Fundstrat’s Tom Lee ‘Pleasantly Surprised’
  12. Brazilian Bitcoin Exchange wins in court verdict against Banks
  13. German Finance Regulator Considers International Regulations ‘Desirable’ for ICOs
  14. Canadian Bitcoin Exchange ‘MapleChange’ Hacked, Declares on Twitter
  15. Net Neutrality Killer Ajit Pai Eyeing Blockchain Regulations
  16. Bitfury a Huge European Crypto Mining Firm Considers Going Public
  17. Bitfinex’ Sharp Response on Phantom Tether Trading Volume Reports
  18. Taiwan to formulate ICO Regulations, according to Securities Regulator Chairman
  19. Binance’s Positive Initiative to Eliminate Money Laundering
  20. ING Bank to Introduce Open Source Privacy Improvement Add-On for Blockchains
  21. Most Popular Hacker George Hotz says Bitcoin Cash is the ‘Real Bitcoin’
  22. Bitpay to Provide Stablecoin Support for Merchant Settlement
  23. A Leading Cryptocurrency Exchange OKEx to Support Four Stablecoins at Once
  24. Blockchain Phones aren’t Far Anymore: HTC Exodus to Introduce on October 22
  25. Ex-Coinbase Executive Adam White to join ICE’s Crypto platform Bakkt as COO
  26. Crypto Hacks Caused Around $1 Billion Loss, So Far This Year
  27. XP Investimentos’ Crypto Exchange Won’t Enable Users to Deposit or Withdraw Bitcoin
  28. Roger Ver: Bitcoin.Com May Introduce Its Own Crypto Exchange
  29. CFTC Constraints Harder on Cryptocurrency Scam under Trump’s Administration
  30. Blockchain Startup to Fund British Masters Tournament
  31. Israel Securities Authority Adopts Blockchain to Improve Cybersecurity
  32. Bill Clinton Acknowledged Blockchain’s Immense Potential
  33. Siam Commercial Bank First to Experience Updated Ripplenet’s Multi-hop Payments Feature
  34. Ethereum to Rebound Strongly Towards the End of 2019: Tom Lee
  35. TD Bank to add blockchain and AI Solutions
  36. North Korea Multiplies the Crypto Usage to Refrain from US Sanctions
  37. Cryptocurrency Needs Regulation to Survive
  38. Binance Crypto Exchange Introduces Binance Info 2.0 
  39. Cryptocurrency market drops
  40. Coinbase Introduces Four New GBP Crypto Trading Pairs
  41. U.S. Federal Court Started Using Cryptocurrency For Bail Of Hacker Charged Of Breaking Computer Network
  42. Recent slump not a setback: says the Ethereum founder.
  43. Australia Based Legaler Raises $1.5 Million To Create Blockchain For The Future Of Legal Services
  44. Utility of several top cryptocurrency questionable, says a study.
  45. Sinking Bitcoin Helps Crypto Miners Profit
  46. LuneX a Crypto Based VC Fund Driven by Golden Gate Ventures in South East Asia
  47. What makes the crypto markets “weak”?
  48. The Blockchain Technology Used By West Virginia To Accommodate The Numerous Votes For The Upcoming Midterm Elections
  49. The USA’s Largest Financial Services Market Is To Incorporate The Blockchain Technology To Streamline a Variety Of Sectors
  50. A Lawsuit In China Against Cryptocurrency Exchange “Okcoin” For Declining Certain Bitcoin Cash Related Transaction
  51. Highly prestigious operator in the stock exchange sector to launch a market based on Bitcoin.
  52. Evolution of Blockchain as a Global Phenomenon – The industry has come a long way
  53. XRP Led Cryptocurrency Exchange By AlphaPoint
  54. South Carolina state authorities desist previously enforced regulations on blockchain implementation
  55. HTC and crypto currency: virtual currency in the smart phone market.
  56. Crypto currency: the strife of RBI continues.
  57. United Kingdom set to become the world leader in cryptocurrency industry
  58. Resuscitation of the crypto currency markets.
  59. Cobinhood crypto exchange announces exciting feature promoting crypto-to-fiat transaction
  60. WEX exchange and its spectacular technical goof ups.
  61. Digital currency can take over traditional currency by overcoming Finance sector obstacles
  62. Virtual Currency enters academics
  63. The newest Ripple (Pun intended).
  64. BIS chief makes the headlines by stating the negative impacts of cryptocurrency on economy
  65. India lagging in virtual currency as RBI wins the legal battle.
  66. Ibinex: So far so good.
Tuesday, December 11, 2018
  1. SEC Postpones VanEck Bitcoin ETF Decision to February 27, 2019
  2. Hyperledger Committee Confirms New Modular Cryptography Software Library for DLT Development
  3. G20 Countries Agree to Regulate Cryptocurrencies as per FATF Standards
  4. Crypto Bank CEO Found Guilty of Embezzlement of ICO Funds
  5. Amber Baldet supports the needs of enterprises and decentralized blockchain
  6. Hong Kong-based Crypto Exchange Bit-Z starts its XRP-USD Trading pair
  7. Israeli Company introduces Three Cryptocurrency Investment Funds
  8. Italian Securities Watchdog Orders Unauthorized Crypto Companies
  9. Crypto hedge funds closing up shop soon, says Morgan Creek
  10. Litecoin Looks Positive Going Forward
  11. Recent Stability of Bitcoin makes Fundstrat’s Tom Lee ‘Pleasantly Surprised’
  12. Brazilian Bitcoin Exchange wins in court verdict against Banks
  13. German Finance Regulator Considers International Regulations ‘Desirable’ for ICOs
  14. Canadian Bitcoin Exchange ‘MapleChange’ Hacked, Declares on Twitter
  15. Net Neutrality Killer Ajit Pai Eyeing Blockchain Regulations
  16. Bitfury a Huge European Crypto Mining Firm Considers Going Public
  17. Bitfinex’ Sharp Response on Phantom Tether Trading Volume Reports
  18. Taiwan to formulate ICO Regulations, according to Securities Regulator Chairman
  19. Binance’s Positive Initiative to Eliminate Money Laundering
  20. ING Bank to Introduce Open Source Privacy Improvement Add-On for Blockchains
  21. Most Popular Hacker George Hotz says Bitcoin Cash is the ‘Real Bitcoin’
  22. Bitpay to Provide Stablecoin Support for Merchant Settlement
  23. A Leading Cryptocurrency Exchange OKEx to Support Four Stablecoins at Once
  24. Blockchain Phones aren’t Far Anymore: HTC Exodus to Introduce on October 22
  25. Ex-Coinbase Executive Adam White to join ICE’s Crypto platform Bakkt as COO
  26. Crypto Hacks Caused Around $1 Billion Loss, So Far This Year
  27. XP Investimentos’ Crypto Exchange Won’t Enable Users to Deposit or Withdraw Bitcoin
  28. Roger Ver: Bitcoin.Com May Introduce Its Own Crypto Exchange
  29. CFTC Constraints Harder on Cryptocurrency Scam under Trump’s Administration
  30. Blockchain Startup to Fund British Masters Tournament
  31. Israel Securities Authority Adopts Blockchain to Improve Cybersecurity
  32. Bill Clinton Acknowledged Blockchain’s Immense Potential
  33. Siam Commercial Bank First to Experience Updated Ripplenet’s Multi-hop Payments Feature
  34. Ethereum to Rebound Strongly Towards the End of 2019: Tom Lee
  35. TD Bank to add blockchain and AI Solutions
  36. North Korea Multiplies the Crypto Usage to Refrain from US Sanctions
  37. Cryptocurrency Needs Regulation to Survive
  38. Binance Crypto Exchange Introduces Binance Info 2.0 
  39. Cryptocurrency market drops
  40. Coinbase Introduces Four New GBP Crypto Trading Pairs
  41. U.S. Federal Court Started Using Cryptocurrency For Bail Of Hacker Charged Of Breaking Computer Network
  42. Recent slump not a setback: says the Ethereum founder.
  43. Australia Based Legaler Raises $1.5 Million To Create Blockchain For The Future Of Legal Services
  44. Utility of several top cryptocurrency questionable, says a study.
  45. Sinking Bitcoin Helps Crypto Miners Profit
  46. LuneX a Crypto Based VC Fund Driven by Golden Gate Ventures in South East Asia
  47. What makes the crypto markets “weak”?
  48. The Blockchain Technology Used By West Virginia To Accommodate The Numerous Votes For The Upcoming Midterm Elections
  49. The USA’s Largest Financial Services Market Is To Incorporate The Blockchain Technology To Streamline a Variety Of Sectors
  50. A Lawsuit In China Against Cryptocurrency Exchange “Okcoin” For Declining Certain Bitcoin Cash Related Transaction
  51. Highly prestigious operator in the stock exchange sector to launch a market based on Bitcoin.
  52. Evolution of Blockchain as a Global Phenomenon – The industry has come a long way
  53. XRP Led Cryptocurrency Exchange By AlphaPoint
  54. South Carolina state authorities desist previously enforced regulations on blockchain implementation
  55. HTC and crypto currency: virtual currency in the smart phone market.
  56. Crypto currency: the strife of RBI continues.
  57. United Kingdom set to become the world leader in cryptocurrency industry
  58. Resuscitation of the crypto currency markets.
  59. Cobinhood crypto exchange announces exciting feature promoting crypto-to-fiat transaction
  60. WEX exchange and its spectacular technical goof ups.
  61. Digital currency can take over traditional currency by overcoming Finance sector obstacles
  62. Virtual Currency enters academics
  63. The newest Ripple (Pun intended).
  64. BIS chief makes the headlines by stating the negative impacts of cryptocurrency on economy
  65. India lagging in virtual currency as RBI wins the legal battle.
  66. Ibinex: So far so good.
North Korea Multiplies the Crypto Usage to Refrain from US Sanctions

The Asia Times, which is a renowned news website inquired about the scenario regarding the use of crypto by the North Korean government (DPRK). They have approached Lourdes Miranda and Ross Delston regarding the subject.

Miranda is an independent financial analyst and a financial crimes investigator, and Delston is an independent Washington-based attorney and expert witness who specializes in anti-money laundering and combating the financing of terrorism (AML/CFT) compliance matters. According to both of them, North Korea is “increasingly” using cryptocurrencies to avoid sanctions imposed by the U.S.

The pair added that not only trading in crypto but, North Korea is aiming to build their own currency in the crypto market, even though the fiat assets are facing restrictions.

Both experts said, “International criminals everywhere prefer crypto-currencies and the DPRK is no exception. Crypto-currencies have the added advantage to the DPRK of giving them more ways to circumvent U.S. sanctions. They can do so by using multiple international exchangers, mixing and shifting services — mirroring the money laundering cycle.”

With this, they described the scheme that is in use by North Korean authorities. Initially, in the process, the government appoints people having agreeable personal identifiable information (PII), so that they can open a crypto wallet which can be used to trade cryptocurrencies. After this, local miners transfer crypto into “multiple” European wallets, where they are mixed and moved, which will puzzle anti-money laundering and know-your-customer (AML/KYC) systems.

Here, the procedure terminates with North Korean nominees acquire bitcoins and later converted into other popular cryptocurrencies. This will fragment the “linear pattern of transactions.”

Interestingly, in this process the source of the crypto asset is unnoticeable. Now, the government can exchange “laundered” coins to fiat. Hence, they can receive dollars by the end of this process without touching the sanctions.

Although, both of them did not elaborate on how they got this information or the approximate volume of the operations.

Amid this, a South Korean bank revealed in it’s report that, North Korea had tried to mine Bitcoin during May and July 2017, but the attempt was not fruitful. The bank report also included data on efforts to create a North Korean crypto exchange.

Apart from that, in February Priscilla Moriuchi who is also an expert and a former top National Security Agency official, spoke to Vox that the DPRK could be making whopping amount of $200 million for its nuclear and ballistic missile projects through its cryptocurrency channels.

Apparently, countries on which the U.S. has imposed sanctions are trying to explore cryptocurrency and the possible uses of it. Presumably, it can facilitate international transactions. For example, Venezuela introduced its controversial “oil-backed” Petro coin, which is not very prominent yet. Also, Iran is planning to design its own national cryptocurrency.

On this note, new cryptocurrencies are awaiting to enter the market.

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Name Price24H (%)
Bitcoin (BTC)
$3,417.47
-3.67%
Ethereum (ETH)
$88.57
-4.35%
Bitcoin Cash (BCH)
$100.68
-5.65%
XRP (XRP)
$0.299718
-1.87%
Litecoin (LTC)
$23.80
-5.0%
Bitcoin Gold (BTG)
$11.65
-4.73%
Bytecoin (BCN)
$0.000580
-6.49%
Bitcoin Diamond (BCD)
$0.70
-4.03%
Cardano (ADA)
$0.029153
-5.47%
Wanchain (WAN)
$0.316039
-7.53%
Bitcoin Private (BTCP)
$2.01
6.18%