JPMorgan Chase & Co.’s U.K. division, Chase UK, is putting the brakes on cryptocurrency-related payments. Come October 16, any Chase UK customers attempting to make a bank transfer or card payment linked to crypto will find themselves thwarted. Chase UK to Halt Crypto Payments in Mid-October Chase UK customers are about to hit a roadblock […]
South Korean Authorities Take Aim at Unregulated Crypto OTC Desks Amid Money Laundering Concerns
South Korean prosecutors and regulators are directing their attention toward reported issues concerning unregulated cryptocurrency-based over-the-counter (OTC) trading and deposit enterprises. During the third annual prosecutors’ conference, officials proposed the necessity for enhanced regulation in the crypto sphere, citing concerns that these enterprises facilitate money laundering and fraud. The Korea Customs Service estimates that unlawful […]
Developers Raise Concerns About WordPress.com Plugin Listings Outranking WordPress.org on Google Search
WordPress core developer John Blackbourn sparked a heated discussion yesterday when he posted an image of his WordPress User Switching plugin ranking higher for the WordPress.com listing than the page on WordPress.org. Blackbourn later apologized for the inflammatory wording of the original post, but maintains that .com plugin listings being …
Environmentalists Rally Against Crypto Mining Facility Renewal in New York, Citing Climate Concerns
Environmental advocates are redoubling their efforts to persuade New York officials to decline an air permit renewal for a cryptocurrency mining facility in North Tonawanda. They assert that the operation imperils residents’ quality of life and undermines the state’s climate objectives, as per a report by Mark Scheer for the Niagara Gazette. Battle Brews Over […]
ECB Official Shares Digital Euro Progress, Concerns Over Paypal’s Stablecoin
European Central Bank (ECB) executive board member Fabio Panetta has warned about stablecoins issued by private providers, such as Paypal. He also provided an update on the progress of the digital euro. “At the ECB, our investigation phase is now in its final stage, preparing the ground for the Governing Council to decide whether to […]