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China is currently facing a significant increase in corruption and criminal activities linked to cryptocurrencies and digital financial instruments.
Chinese media are repeating concerns about the use of cryptocurrencies to facilitate corruption. Local media published a report entitled “Virtual Currency Electronic Gift Cards Open New Channels for Corruption Crimes and Benefit Transfer.” It states that cryptocurrencies, particularly Bitcoin (BTC),…
The National Anti-Corruption Bureau of Ukraine has seized crypto assets worth $1.5 million from Yury Shchigol, ex-chief of the Special Communications Service.
As narratives about corruption in Ukraine evolve, the Ministry of Digital Transformation hopes blockchain could solve that problem. While Ukraine still ranked the second most corrupt country in Europe, after Russia, it is now exploring new ways to battle corruption…
Andrew Anagnost, Autodesk’s CEO is a big believer in blockchain technology as he believes it can help boost transparency and trust between all members in the construction industry. According to the Financial Review’s article published on November 19, 2018, Anagnost…
Since the Blockchain technology first appeared with the launch of the digital currency bitcoin in 2009, it has has been hailed to become as revolutionary and impactful on society as the Internet. This decentralized, open-source ledger software can be augmented…