A major South Korean convenience store chain, CU, will now accept a blockchain-based payment method at its stores. Mobile payments app CHAI is launching mobile blockchain-based payments at 13,500 CU convenience stores in South Korea. According to an Oct. 7 press release shared with Cointelegraph by blockchain startup Terra, CHAI — which operates on the […]
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The WFE, a global trade association of publicly-regulated exchanges, has appealed to the U.K.’s FCA not to restrict crypto derivatives for retail investors. The World Federation of Exchanges (WFE), a global trade association of publicly-regulated exchanges, has appealed to the United Kingdom’s Financial Conduct Authority (FCA) to not restrict cryptocurrency derivatives for retail investors. The […]
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Cointelegraph travelled to South Korea to meet a new generation of crypto entrepreneurs. In the last few decades, South Korea has been among the fastest developing countries in the world. It is currently the planet’s third-largest crypto economy, after the United States and Japan. Cointelegraph traveled to Korea to meet a new generation of crypto […]
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With the opening of Korean HQ in Seoul, Cointelegraph looks deeper into local regulatory landscape… South Korean regulators seems to strongly favor blockchain over cryptocurrencies, and some recent events have further proven this hypothesis. As a result, as much as 97% of local digital assets exchanges are in danger of extinction, local reports suggest. Meanwhile, […]
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South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India, a report says. South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India. The firm is planning to expand its services to India by partnering with local crypto exchanges, […]
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South Korean blockchain provider Blocko launches in the United Arab Emirates after securing $16 million in funding. Blocko, a South Korean blockchain provider, launched in the United Arab Emirates after securing $16 million in funding. Building full-scale enterprise blockchain solutions On Oct. 2, Middle Eastern business publication Arabian Business reported that Blocko has partnered with […]
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RenrenBit CEO Zhao Dong speaks about Tether’s yuan-backed stablecoin and its impact on Bitcoin and crypto startups in China. In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao […]
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Ethereum-compatible elastic blockchain network, the SKALE Network, completed a $17.1 million funding round for mainnet launch. The Skale Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch. Solid global backing Backed by the Liechtenstein’s Node Foundation and United States-based Skale Labs, the network now has over 40 investors in the […]
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United Kingdom-based digital banking app Revolut announces a major partnership with Visa to expand its services globally across 24 new markets, including North America. United Kingdom-based digital banking app Revolut announced a major partnership with Visa to expand its services globally across 24 new markets, including North America. According to a Sept. 30 press release, […]
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Overseas investors are reportedly likely to step in to acquire South Korean crypto exchange Bithumb due to alleged difficulties with payments in its existing acquisition deal. Overseas investors are reportedly likely to step in to acquire South Korean crypto exchange Bithumb due to alleged difficulties with payments in its existing acquisition deal. As Cointelegrap reported […]
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