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Venezuela to Pay Retirees and Pensioners Christmas Bonus in Petro

Venezuelan President Nicholas Maduro announced that the Christmas bonus of the country’s retirees and pensioners will be paid to them in the national cryptocurrency Petro.The Twitter profile of local news outlet Venepress reported on Maduro’s remarks on Nov. 17. This particular instance is not the first time that Venezuela

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CFTC Orders Binary Options and Crypto Scam Blue Bit Banc to Pay Over $4.25 Million

Starting the month of November with a big bang! The US Commodity Futures Trading Commission (CFTC) has once again strengthened its trust with the general public as it busts four entities as well as two key players in a fraudulent binary options scheme that incorporated a shady cryptocurrency.The case, which

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NY Court Orders Veritaseum to Pay Back $8 Million From Illegal ICO

The CEO of Delaware-registered blockchain firm Veritaseum LLC and New York-registered Veritaseum Inc., Reggie Middleton, was ordered to pay $8.4 million in disgorgement, according to a new court order. Additionally, Middleton is liable for a civil penalty of $1 million, fintech publication FinanceFeeds reported on Nov. 1, citing a

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Samsung Pay Teams Up With RippleNet Member Finablr

Samsung Pay, the mobile payments service of South Korean tech giant Samsung, has partnered with payments platform Finablr, Ripple’s RippleNet member, to offer cross-border payments feature Money Transfer to its app’s users.Finablr announced the partnership on Oct. 3, claiming that the new feature “offers users seamless and secure cross-border

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Coincheck Gas Allows Tokyo Residents to pay Gas Bills in Bitcoin or Receive BTC Rewards

Japanese crypto exchange Coincheck, in partnership with E-net Systems, has launched a program to reward gas users in the Tokyo area with Bitcoin. Consumers will be able to receive bitcoin based on gas consumption or directly pay their bills with the popular cryptocurrency. The news comes from an official announcement,

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