Konya Metropolitan Mayor, Ugur Ibrahim Altay announced crypto money that is interested in creating an ecosystem in the collection and management of social benefits while also conducting the trading companies in the municipal subsidiary and collecting the taxes collected by the municipality by regulations. This feat, if it becomes a success, has been described as a model that can be sold nationwide and even worldwide. Starbucks, a perceived coffee company has shown o the world that it is beyond a coffee company by becoming an uncontrolled bank through its fintech activities, accused Neze Yahuz and CEO of Hana Financial Group, Kim Jung-Tai.
About $1.4 million was announced in 2019 to be laundered by criminals while about $2.8 million of Bitcoin transactions were illegally committed and half of this transaction was through Binance and Huobi platforms. Chainalysis revealed that despite having a customer diagnosis feature, Binance and Huobi still got involved in money laundering transaction with crypto money which involved more than 300,000 individual accounts. Meanwhile, LinkedIn has advised that software developers who show interest in blockchain should focus more on the solidity program as blockchain has relaunched itself into the crypto world to become the business solution for investigating problems.
On the other hand, according to CNN report based on the report from United Nations officials, about $2 billion has been stolen by the North Korea hackers from various financial institutions and crypto exchanges through the use of Telegram and researchers from Kaspersky, a cybersecurity firm claimed to have evidence for this allegation.
