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Chinese State-owned Banks Issue Flurry of Blockchain Patents


Two of China’s biggest state-owned banks have registered a number of blockchain patents as both continue to expand the central People’s Bank of China (PBoC)’s fast-expanding, much-vaunted digital yuan pilot. Per media outlet NBD, the banks in question are the Industrial and Commercial Bank of China...

South Korean Banks to Launch Crypto Services ‘Before Year Is Out’


Multiple South Korean banks could launch crypto custody services by the end of 2020 of March next year “at the latest,” after a “significant change in tone” has led the banking sector to move toward crypto business with alacrity. Per a report from the Electronic Times, crypto custody is now a...

4 of South Korea’s Largest Banks to Provide Cryptocurrency Services


Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest Korean Banks Entering Crypto Space South Korea’s largest banks have...

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