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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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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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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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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