
Google to readjust profit model as it vows to comply with S. Korean in-app rule
Sep 01, 2021 23:39 pm UTC| Law Technology Economy
Tech giant Google is seeking ways to readjust its profit models in South Korea within the bounds of the new law that curbs its app market duopoly with Apple. Google through its South Korean office vowed to comply with...

Binance to auction Da Vinci, Van Gogh, Monet NFTs
Sep 01, 2021 23:38 pm UTC| Digital Currency Economy
The Binance NFT Marketplace will launch a premium NFT collection backed by the State Hermitage Museum in Saint Petersburg, Russia that will feature NFT artwork by the world-renowned artists Leonardo da Vinci, Vincent Van...

Philippines' Unionbank to offer crypto custody service
Sep 01, 2021 23:05 pm UTC| Digital Currency Economy
The Union Bank of the Philippines (Unionbank) will offer a crypto custody service, in collaboration with Hex Trust, a leading Asian digital asset custodian. The bank says the product is in full compliance with the...

Citigroup to trade bitcoin futures to address clients interest in crypto
Sep 01, 2021 22:53 pm UTC| Digital Currency Economy
Citigroup will offer bitcoin futures trading to its institutional clients who are increasingly interested in cryptocurrency. It is awaiting regulatory approval to offer the product. . In May, Citigroup was reported...

Japan warned to boost anti-money laundering measures
Sep 01, 2021 22:31 pm UTC| Economy Business
Global watchdog Financial Action Task Force (FATF) warned Japan that it needs to boost efforts against money laundering, such as having financial institutions confirm the identities of bank account customers and cracking...

Fake Banksy NFT sold through artist's website for $336,000
Sep 01, 2021 22:27 pm UTC| Digital Currency Economy
A hacker has returned $336,000 to a British collector after tricking him into buying a fake Bansky NFT, which was advertised through the artists official website. The man who is in his 30s says the hacker returned all...

Nigeria to launch cryptocurrency 'eNaira'
Sep 01, 2021 22:16 pm UTC| Digital Currency Economy
Nigerias central bank will work with Bitt as a technical partner in its bid to launch the countrys cryptocurrency, the eNaira later this year. The eNaira would operate as a wallet where customers can hold existing funds...