Saudi Aramco Dismisses Reports on Bitcoin Mining Plans
Saudi Aramco has denied claims of being involved in bitcoin mining activities. The oil-exporting company has been actively involved in blockchain projects, fueling rumors that it could be partaking in bitcoin mining. In a recent statement, Saudi Aramco said; “With reference to
South Korean Crypto Exchanges Close as Compliance Deadline Nears
South Korea’s financial market regulator, the Financial Service Commission (FSC), has reportedly shut down 11 mid-sized crypto exchanges in the country. The names of the affected exchanges have not been disclosed. The exchanges shut down in the ongoing crackdown are those
Kakao Subsidiary Wins Bid To Test South Korea’s CBDC
The Central Bank of South Korea has partnered with Ground X, a blockchain subsidiary of Kakao, to help with its digital fiat efforts. Kakao is one of the leading internet providers in South Korea. Ground X will supply the leading technology