Cash Tech News

Japan to Check Money Laundering Policies of Crypto Exchanges Ahead of FATF Inspection

May 22, 2019 cashtechnews

Japan’s FSA will reportedly review the anti-money laundering policies of various crypto exchanges ahead of an inspection by international regulators. Japan’s Financial Services Agency (FSA) is reportedly cracking down on crypto exchanges that offer anonymous transactions or have weak identity verification practices in preparation for inspection by the Financial Action Task Force (FATF) this fall. […]

South Korean Gov’t Announces Second Study Group for Blockchain Regulations

May 22, 2019 cashtechnews

The science and tech ministry of the South Korean government is going to run a study on blockchain regulations, looking at improvements needed for broader adoption. The South Korean Ministry of Science and ICT is going to run a follow-up study on blockchain regulations, according to a Yonhap News report on May 21. The study is […]

Seoul to Implement Blockchain in Citizen Cards, the Mayor Reveals

May 20, 2019 cashtechnews

The mayor of Seoul claimed that Seoul authorities plan to use blockchain in the integrated authentication system for citizen cards. The South Korean city of Seoul will implement blockchain technology in its citizen cards, Korean publication Queen.co.kr reports on May 20. Park Won-soon, the mayor of Seoul, has participated in the ongoing event “Korea Future […]

Secretariat Under UN Agreement to Reward Users for Climate Action With Crypto

May 16, 2019 cashtechnews

Secretariat of the UN Framework Convention on Climate Change signed an MoU with blockchain firm W-Foundation. A climate change initiative of the United Nations signed a Memorandum of Understanding (MoU) with blockchain firm W-Foundation to collaborate on climate action, according to a press release shared with Cointelegraph on May 16. In accordance with the new […]

Major Crypto Exchange in Korea Shuts Down: 2018 Was a Nightmare for Most

May 16, 2019 cashtechnews

A major crypto exchange in South Korea has shut down, showing the intensity of the brutal 16-month bear market that caused a wide range of issues for crypto businesses. The shutdown of Coinnest on April 18, one of the major crypto exchanges in South Korea, showcased the intense brutality of the 16-month bear market, which […]

Upbit Exchange Operator Plies $46 Million Into Blockchain in First Year of Investment

May 15, 2019 cashtechnews

Dunamu gave funding to 26 blockchain startups as part of a multi-year investment roadmap. The parent company of South Korean cryptocurrency exchange Upbit has invested almost $50 million in blockchain startups since March 2018, English-language Korean business news outlet The Investor reported on May 15. Dunamu, which created a dedicated investment subsidiary, Dunamu & Partners, […]

South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June

May 13, 2019 cashtechnews

South Korean internet giant Kako has announced the release date of its blockchain platform. Ground X, the blockchain arm of South Korean internet giant Kakao Corp, has announced the launch date of its own blockchain platform, a Cointelegraph correspondent learned at Consensus 2019 on May 13. Per the announcement, the Klaytn mainnet will launch on […]

Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better

May 9, 2019 cashtechnews

Joseph Lubin, founder of blockchain tech company ConsenSys, said that the situation with cryptocurrency trading platform Bitfinex will not likely get better. Joseph Lubin, founder of blockchain tech company ConsenSys, expressed his pessimism regarding the recent situation with cryptocurrency trading platform Bitfinex, Bloomberg reported on May 9. Speaking at the Fluidity Summit conference, Lubin said […]

Over 50 Banks Simulate Letter of Credit Transactions on R3’s Blockchain in 27 Countries

May 8, 2019 cashtechnews

Over 50 banks participated in the simulation of letter of credit transactions on R3’s blockchain platform in 27 countries on six continents. Over 50 banks participated in the simulation of letter of credit transactions on R3’s blockchain platform in 27 countries on six continents. The company announced the development in a press release published on […]

Emi̇n Gün Si̇rer on Rethinking Blockchain, Promoting Good Crypto Use and Leaving Stagnation Behind

May 5, 2019 cashtechnews

Professor Emi̇n Gün Si̇rer talks with CT about blockchain evolution and stagnation. This interview has been edited and condensed. The co-director of the Initiative for Cryptocurrencies and Smart Contracts (known as IC3), Emin Gün Sirer, is an associate professor at Cornell University, whose research focuses on peer-to-peer systems, operating systems, distributed systems and computer networking. […]

Tag: south korea

Japan to Check Money Laundering Policies of Crypto Exchanges Ahead of FATF Inspection

South Korean Gov’t Announces Second Study Group for Blockchain Regulations

Seoul to Implement Blockchain in Citizen Cards, the Mayor Reveals

Secretariat Under UN Agreement to Reward Users for Climate Action With Crypto

Major Crypto Exchange in Korea Shuts Down: 2018 Was a Nightmare for Most

Upbit Exchange Operator Plies $46 Million Into Blockchain in First Year of Investment

South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June

Joseph Lubin on Bitfinex: It Seems Like a Really Big Mess That Probably Won’t Get Better

Emi̇n Gün Si̇rer on Rethinking Blockchain, Promoting Good Crypto Use and Leaving Stagnation Behind

UK Financial Watchdog Warns Public of Crypto Clone Firm

Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

Telegram Introduces New Programming Language for TON Network

World’s Oldest Watch Manufacturer to Use Blockchain for Tracking Timepieces

Opposition Politicians Demand Details on Luxembourg E-Government Plan for Blockchain, AI

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