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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.

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.

CoinDesk - Unknown
CoinDesk - Unknown
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.

MBK, a Tokyo-based and Tokyo Stock Exchange-listed merchant bank, has signed a deal for the tokenization of property in Estonia.

CoinDesk - Unknown
CoinDesk - Unknown
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.

The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding.

CoinDesk - Unknown
CoinDesk - Unknown
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.

Huobi Japan has received $4.6 million in investment from a Tokyo-listed company involved in real estate and financial services.

CoinDesk - Unknown
CoinDesk - Unknown
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. 

South Korean bitcoin exchange and wallet startup Coinplug has raised $6.4 million from venture arms of major local financial institutions. 

CoinDesk - Unknown
CoinDesk - Unknown
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.

SoftBank is working with IBM to develop cross-carrier blockchain tech to enable smartphone users to make local payments when traveling abroad.

CoinDesk - Unknown
CoinDesk - Unknown
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.

Binance has joined the governance council of Kakao's Klaytn blockchain network as the project scrambles for partners and use cases.

CoinDesk - Unknown
CoinDesk - Unknown
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.

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.

CoinDesk - Unknown
CoinDesk - Unknown
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.

Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.

CoinDesk - Unknown