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Developed Countries Have Little Need for CBDCs, Says Bank of Korea Official
The Bank of Korea has again poured cold water on the idea of adopting a central bank digital currency, according to remarks made by an official of the central bank.
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By Richard Meyer
Oct 31, 2019 at 8:00 a.m. UTC
Oct 31, 2019
NewsBank of Korea
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Markets
News
Japanese Merchant Bank Signs Deal to Tokenize Estonian Properties
MBK, a Tokyo-based and Tokyo Stock Exchange-listed merchant bank, has signed a deal for the tokenization of property in Estonia.
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By Richard Meyer
Oct 31, 2019 at 6:00 a.m. UTC
Oct 31, 2019
NewsTokenization
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Markets
South korea
Korean Government to Back Blockchain Startups With $9 Million Fund in 2020
The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding.
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By Richard Meyer
Oct 29, 2019 at 8:00 a.m. UTC
Oct 29, 2019
South KoreaNews
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Markets
Huobi
Huobi Japan Raises $4.6 Million From Tokyo-Listed Financial Services Firm
Huobi Japan has received $4.6 million in investment from a Tokyo-listed company involved in real estate and financial services.
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By Richard Meyer
Oct 28, 2019 at 6:00 a.m. UTC
Oct 28, 2019
HuobiNews
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Markets
Coinplug
Major Korean Banks Back Bitcoin Startup Coinplug's $6.4 Million Round
South Korean bitcoin exchange and wallet startup Coinplug has raised $6.4 million from venture arms of major local financial institutions. 
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By Richard Meyer
Oct 25, 2019 at 6:00 a.m. UTC
Oct 25, 2019
CoinplugNews
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Markets
Ibm
SoftBank to Develop Cross-Carrier Blockchain Payments With IBM Tech
SoftBank is working with IBM to develop cross-carrier blockchain tech to enable smartphone users to make local payments when traveling abroad.
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By Richard Meyer
Oct 24, 2019 at 5:00 a.m. UTC
Oct 24, 2019
IBMNewsSoftBank
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Markets
News
Binance Joins Governance Council of Kakao's Klaytn Blockchain
Binance has joined the governance council of Kakao's Klaytn blockchain network as the project scrambles for partners and use cases.
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By Richard Meyer
Oct 23, 2019 at 6:00 a.m. UTC
Oct 23, 2019
NewsBinanceKakao
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Markets
News
Japan's Third Largest Bank Completes Blockchain Trade Finance Test
The third largest bank by assets in Japan, is set to begin utilizing R3's Marco Polo trade finance blockchain on a commercial basis by the end of 2019.
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By Richard Meyer
Oct 22, 2019 at 5:00 a.m. UTC
Oct 22, 2019
NewsTrade FinanceR3
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Markets
Identity
Major Korean Banks Join Government-Backed Blockchain ID Initiative
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.
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By Richard Meyer
Oct 21, 2019 at 9:15 a.m. UTC
Oct 21, 2019
IdentityBanksSouth KoreaNews
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Markets
News
Tourists in Popular Japanese Region Could Soon Use a Local Cryptocurrency
Mitsubishi Research Institute and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan.
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By Richard Meyer
Oct 18, 2019 at 7:02 a.m. UTC
Oct 18, 2019
NewsStablecoins