| The European Council, a body within the European Union composed of heads of state as well as the president of the confederation's executive branch, will propose rules for digital currency exchanges and wallet providers in the region by June, according to statements today following a meeting in Brussels. Stan Higgins / Feb 13, 2016 03:00 pm
The Securities and Exchange Commission is seeking more than $10 million from the cryptocurrency mining firms GAW Miners and ZenMiner in connection with its ongoing securities fraud suit. The agency filed suit against the firms and CEO Homero Josh Garza in December. Stan Higgins / Feb 12, 2016 09:31 pm
South Korea's KB Kookmin Bank is developing a blockchain remittance solution with the aim of ushering in "safer and faster" foreign exchange services. The bank is the largest subsidiary of KP Financial group, which according to KB's 2014 annual report, earns KRW 1.4tn ($1.16bn) annually from some 30 million customers. Daniel Palmer / Feb 12, 2016 08:01 pm
A months-long legal dispute involving distributed ledger tech startup Ripple and its co-founder Jed McCaleb has come to an end. The dispute dates back to last spring, after bitcoin exchange Bitstamp filed suit over dueling claims on nearly 100m XRP, an amount worth just over $1m at the time the suit was filed. Stan Higgins / Feb 12, 2016 07:00 pm
Global stock market giant Nasdaq has announced it is developing a shareholder voting system based on blockchain tech. The project marks Nasdaq's second formal blockchain trial, following its private markets product, Linq, revealed last October. Pete Rizzo / Feb 12, 2016 06:15 pm
A new UN working paper published this week argues that the bitcoin community has a tendency towards "techno-colonial solutionism" and "techno-libertarian evangelism" in proposing the digital currency as a solution to issues in the developing world. Daniel Palmer / Feb 12, 2016 04:48 pm
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