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.
MBK, a Tokyo-based and Tokyo Stock Exchange-listed merchant bank, has signed a deal for the tokenization of property in Estonia.
The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding.
Huobi Japan has received $4.6 million in investment from a Tokyo-listed company involved in real estate and financial services.
South Korean bitcoin exchange and wallet startup Coinplug has raised $6.4 million from venture arms of major local financial institutions.
SoftBank is working with IBM to develop cross-carrier blockchain tech to enable smartphone users to make local payments when traveling abroad.
Binance has joined the governance council of Kakao's Klaytn blockchain network as the project scrambles for partners and use cases.
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.
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.