Will New P2P Legislation Hurt South Korean DeFi Industry?


South Korean decentralized finance (DeFi) players have called for calm after some experts claimed that forthcoming legislation could effectively hamstring the nation’s fledgling DeFi market. Many industry insiders have expressed alarm over a recent amendment made to a digital finance act pertaining...

PayPal to Make New Blockchain, AML Hire in New York


Payments giant PayPal could be set to take another dip into the world of blockchain – as it is set to recruit a director for Anti-Money Laundering (AML) and Blockchain Strategy for its New York office. Per the now-expired job posting published in March, PayPal said it was seeking a new recruit,...

Binance Coin Holds Its Price Around $12 After Facing Intraday Pullback


Binance Coin, at the time of writing was trading at $12.33 after soaring from the weekly bottom of $11.23 yet the candlestick fails to consolidate above 50.0% Fib Retracement Level BNB/USD retains fine support from 200-day MA yet fails to take a notable leap to have a persistent trade above...

Coin Race: Top Winners & Losers of March and 1st Quarter of 2020


Though the month of March, the last of the year's first quarter, started promising, it witnessed a major plunge of the market. The number one coin by market capitalization, bitcoin (BTC), took a swift dive to the USD 4,000 level and despite it recovered around 50% of its losses it dropped for...

Hex Trust Becomes First Licensed Digital Asset Custodian in Hong Kong


Hong Kong-based digital asset custodian Hex Trust announced on Wednesday that it had become the first licensed company from the country to be integrated with the R3 network’s Corda platform. In a post on Medium, it stated that the move has enabled R3’ blockchain into Hex Trust’s custody solutions...

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