A group of Japanese cryptocurrency exchanges have formally submitted a detailed proposal to form a self-regulatory organization to the nation’s Financial Services Agency (FSA). The Japan Virtual Currency Exchange Association (JVCEA), which was formed by 16 exchanges in March and registered with the FSA in April, has applied to become a “certified fund settlement business […]

A publicly traded biotech giant based in South Korea is turning to blockchain to allow it to share genetic data without risk of hacking or infringement of patients’ privacy. Macrogen, a DNA sequencing service provider with headquarters in Seoul, said in a press release on Monday that it is working with Big Data firm Bigster to develop a […]

The government of the Telangana, a southern Indian state, is partnering with a major IT firm to establish a district exclusive to blockchain startups in the state’s capital city. The Telangana State Information Technology, Electronics and Communication Department (ITE&C) has inked a memorandum of understanding (MoU) with multinational IT services giant Tech Mahindra to establish […]

Contrary to reports in mainstream media, Starbucks has clarified that it will not be accepting direct bitcoin payments at coffee retail outlets. As reported by CCN on Friday, Starbucks is part of a new cryptocurrency venture with Microsoft and the Intercontinental Exchange (ICE) dubbed “Bakkt”, a regulated Wall Street platform that could fundamentally bring cryptocurrencies like bitcoin […]

Jakarta, Indonesia (CNN)An operation is underway to evacuate thousands of tourists after a deadly earthquake that rocked some of Indonesia’s most idyllic islands late Sunday night. At least 98 people, all Indonesian nationals, were killed when the 6.9 magnitude quake struck the popular tourist island of Lombok, Indonesian authorities said Monday. More than 200 were […]

JAKARTA  – Indonesia lobbied visiting U.S. Secretary of State Mike Pompeo to keep the Southeast Asian nation on a list of countries that receive preferential trade terms, its foreign and trade ministers said on Sunday. “President Joko Widodo has delivered Indonesia’s hope that the U.S. will maintain the country’s GSP (Generalized System of Preferences) facility,” […]

At least 37 people have died after a powerful earthquake hit the Indonesian island of Lombok, officials say. The 7 magnitude quake damaged buildings and triggered power cuts. More than 50 people were also injured. On the neighbouring island of Bali, video footage showed people running from their homes screaming. It comes a week after another […]

When it comes mining Bitcoin or any other digital currency, the goal is to keep operational and energy costs to a minimum to ensure maximum profitability. Up until recently, that need for optimal energy costs has sent a good deal of  mining to China, where electricity is subsidized and cheap. However, most of these facilities […]

Known for pushing boundaries with regards to the lyrical content of her music, Madonna is now intent on pushing boundaries with regards to philanthropy. As part of her plans to mark her 60th birthday which will fall on 16th August, Madonna is partnering with Ripple in a month-long initiative to raise funds aimed at assisting orphans in Malawi through […]

HELSINKI (AP) — A 28-year-old woman wearing a face veil has become the first person in Denmark to be fined for violating a new law banning such garments in public places. Danish news agency Ritzau reported that police were called Friday to a shopping center in Horsholm, a city of 46,000 close to Copenhagen, to […]