Historical Korean Peace Treaty Now Immutable on Blockchain
When Korea leaders, North Korea’s Kim Jong-un and South Korea’s Moon Jae-in, met at the border between the two nations on 27 April, the historical event was recorded for posterity on the Ethereum blockchain. According to a CoinDesk Korea report, Ryu Gi-hyeok, a 27-year-old South Korean game developer, captured the momentous occasion when the two […]
Bank of Korea Considers Crypto and Blockchain as Part of “Cashless Society”
South Korea is making huge waves in the cryptocurrency and blockchain space yet again, having announced recently that its central bank, the Bank of Korea (BOK), is considering cryptocurrency and blockchain applications for a “cashless society” project. As reported by local news source TokenPost on 1 May, the BOK had announced the official launch of […]
British Cryptocurrency Association CryptoUK pushing UK Government to Regulate the Industry
British cryptocurrency trade association CryptoUK is urging MPs and the UK Treasury to regulate the industry in the country. The self-regulatory body made up of eight members has been approaching influential MPs, seeking support for its proposals to have the market regulated by the United Kingdom’s Financial Conduct Authority (FCA). Earlier Developments As previously reported […]
Warren Buffett’s view on Bitcoin is that of a speculative gamble
Warren Buffett continued to dismiss Bitcoin as an investment and claimed purchasing cryptocurrencies to be more of a gamble. “You aren’t investing when you do that. You’re speculating. There’s nothing wrong with it. If you wanna gamble somebody else will come along and pay more money tomorrow, that’s one kind of game. That is not investing.” […]
Worlds Largest Car Producers Form Blockchain Alliance
Major global car producers, BMW, General Motors, Ford, and Renault have joined with other companies to launch the Mobility Open Blockchain Initiative. Also, Bosch, Hyperledger, IOTA, and IBM are part of the project’s 30 strong membership which has been formed to explore the potential of blockchain in the mobility space. MOBI suggests that the group’s goal […]
Barclays Quash Crypto Trading Desk Rumour But Monitor Developments
Barclays bank has confirmed that it has no plans to set up a cryptocurrency trading desk as previously rumored. British banking giant Barclays appears to be the latest to enter the blockchain arena, with Barclays UK recently announcing a new ventures unit to study “disruptive technology”. However, despite a report from CoinDesk earlier this month […]
4000 New Bitcoin ATM’s for Argentina Follows Global Trend
US ATM distributor, Odyssey Group, has announced that it has pre-agreements to install 4000 Cryptocurrency ATMs throughout Argentina, after an easing of regulations by the Central Bank of Argentina (BCRA) The new laws enable the installation of ATMs, of any kind, to be installed in supermarkets, shopping malls, and cinemas. Until now, operating licenses have […]
Ripples xVia Continues to create New opportunities
UniPAY, Exchange4Free, FairFX, RationalFX, and MoneyMatch are among 5 new customers to adopt Ripples xVia API solution to power payments. xVia provides a payment platform for less developed countries with emerging markets so they can make faster payments and mitigate manual reconciliation costs. Emerging markets Emerging markets often have some aspects of a developed market, but don’t necessarily have a high income, many opportunities for […]
