Top Blockchain & Cryptocurrency News Headlines | CryptoNewsZ | October 17, 2019

[Music] Hi there, it’s Thursday, October 17, 2019, and this is CryptoNewsZ. Our team at CryptoNewsZ, brings to you the latest headlines from the world
of blockchain and crypto. The authorities in the United States and South Korea have bust a major child porn racket, after following a Bitcoin trail. Jon Woo Son, the 23 year old owner of Welcome to Video Site has been charged and
convicted in South Korea and is currently in custody, serving his sentence there, after a U.S
Federal Grand Jury indicted him in this major case. Officials across the world also
arrested 337 Welcome to Video users in 23 United States and Washington DC and 11 other countries. Residents of Bermuda can now pay their taxes in cryptocurrencies. In an announcement by crypto-finance start-up Circle, the government of Bermuda announced that it will now accept payments in USD coin or USDC for taxes,
fees and other government services. USDC is a stablecoin launched a year ago
by crypto-exchange Coinbase and Circle. The announcement is the first for a
sovereign nation and is welcomed by crypto enthusiasts all over the world. The NBA
basketball team, the Sacramento Kings have announced a new collaboration
with CryptoKaiju, the creator of the Ethereum based Kaiju toys. Both the companies will
give away a 100 limited edition Kaiju collectible toys throughout 2019-2020
basketball season. This collaboration for the Sacramento Kings launching a
blockchain powered rewards program within its healing at gaming app Call the Shot, which will also be available in the upcoming season. That’s it from us and team CryptoNewsZ today. Please like this video and subscribe to our channel. Also click the
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