Korean Gov’t Pilots Blockchain for Logistics Innovation in Country’s Largest Port

Two South Korean government ministries have launched a blockchain pilot for port logistics innovation and the country’s container shipping industry. Two South Korean government ministries have launched a blockchain pilot for port logistics innovation, according to a press release from the country’s Ministry of Science, ICT and Future Planning (MSIT), published Dec. 18. MSIT, together […]

Continue Reading

Israel: Financial Services Firm GMT Joins RippleNet

GMT, which describes itself as Israel’s “largest” financial player, is joining Ripple’s network, alongside names such as MoneyGram. Israel-based financial services firm GMT has joined Ripple’s bank and payment provider network, the company confirmed in a recent press release. The result of a “long and precise process,” the move reportedly will help the company remain […]

Continue Reading

A Year After $20K, Blockchain Capital Exec Says Investors Will Regret Not Buying in Now

One year after Bitcoin broke crypto industry records to hit $20,000, Blockchain Capital’s Spencer Bogart says today’s bearish market represents “a fantastic buying opportunity.” One year after Bitcoin (BTC) broke crypto industry records to hit $20,000, a partner at venture capital firm Blockchain Capital says that today’s bearish market represents “a fantastic buying opportunity.” Spencer […]

Continue Reading

Japan: Crypto Classified as ‘Crypto-Assets’ to Prevent Confusion With Legal Tender

The Japanese Financial Services Agency has assigned cryptocurrencies to the “crypto-assets” category, to prevent confusion with legal tender. The Japanese Financial Services Agency (FSA) has placed cryptocurrencies into a new legal category called “crypto-assets,” English-language local media The Japan News reports Dec. 15. By classifying cryptocurrencies like Bitcoin (BTC) this way, the government reportedly “hopes […]

Continue Reading

Tether Bank Statements ‘Suggest’ Company Has Full Fiat Reserves: Bloomberg

The rumors surrounding Tether and its USDT stablecoin continue to swirl with reports of fresh evidence proving reserves. Cryptocurrency stablecoin Tether (USDT) really does have fiat reserves equal to the value of tokens in circulation, Bloomberg claimed in a report today, Dec. 18. Citing “bank statements” it had “reviewed,” the publication became the latest source […]

Continue Reading