Thursday, June 20, 2019

Conglomerates’ Deep Pockets Continue Blockchain Growth in S Korea Despite Crypto Ban

A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart…

Crypto Wallet Provider BRD Partners With Wyre to Roll Out US Bank Transfer Support

BRD has announced a partnership with blockchain infrastructure firm Wyre that will enable U.S. customers to purchase crypto using bank transfers. Global mobile crypto wallet…

Brazil: R3 Develops Blockchain Platform With Major Banks and Stock Exchange

Blockchain software startup R3 revealed that it is developing a blockchain platform in Brazil with Bradesco, Itau and B3. Blockchain software consortium R3 revealed that…

‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto…

Brazil Central Bank Debuts IBM Blockchain Interbank ID System on Hyperledger

Brazil has released its blockchain solution on schedule, with participation currently involving nine domestic banks. The central bank of Brazil has officially launched its blockchain…

VP of Largest Brazilian Bank: Local Banks to Soon Introduce Unique Blockchain Platform

Mauricio Minas, vice president of Bradesco bank, stated that Brazilian banks will adopt an unnamed blockchain platform on June 12. The vice president of Brazil's…

Visa Launches Global Cross-Border Network Based on Certain Aspects of Blockchain

Visa B2B Connect contains elements of Hyperledger technology in order to transfer more data on cross-border payments. United States’ payment giant Visa has launched a…

Major Korean Bank Signs MoU With Atomics Lab to Explore Crypto Asset Management

KB Kookmin Bank has signed an MoU with blockchain technology firm Atomics Lab to jointly explore digital asset management solutions. Major South Korean commercial lender…

South Korea’s Biggest Bank U-Turns on Crypto With Custody Service

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported…

Dubai Real Estate Department Signs MoU With Telecoms Firm to Implement Blockchain

The agreement, which relates to real estate blockchain technology, aims to make Dubai “the smartest city in the world.” The Dubai Land Department (DLD) and…
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