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According to Russian media, the alleged BTC-e mastermind Alexander Vinnik has confessed to charges of fraud and money laundering on May 24, 2018. Reports reveal a signed document details that Vinnik admits to committing financial fraud between 2011-2017 through the now-defunct BTC-e cryptocurrency exchange.

The Tel Aviv Stock Exchange (TASE) has announced a blockchain platform for securities lending in a unique venture for the country.

Blockchain conference, BlockShow Europe 2018 has released a study identifying the Top 10 European countries for starting a blockchain company.

The US Securities and Exchange Commission (SEC) has launched a spoof Initial Coin Offering (ICO) website dubbed HoweyCoins in a bid to educate and warn investors of the dangers posed by the ICO Wild West.

A draft bill aimed at protecting the rights of cryptocurrency owners while also regulating them in line with Russian laws was introduced to parliament in March with the biggest expectation being the legalization of cryptocurrency payments. However, as local media outlets report, the expectation of making digital currencies legal tender may not come to pass.

CME Group announced new Ethereum price products that will provide users with an access to a reference rate and a real-time pricing index for the world’s second-largest digital currency.

UNCHAIN Convention Hamburg is a two day Bitcoin and blockchain technology conference featuring some of the world’s leading cryptocurrency experts and entrepreneurs. The event will be held on May 31 – June 1 in Hamburg, Germany.

Goldman Sachs is planning to launch a new cryptocurrency market on Wall Street by offering Bitcoin futures contracts, a move that could strengthen institutional adoption of digital assets.