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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals


Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some...

South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’


The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule. According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...

Blockchain Key to South Korea’s ‘New Deal’ Post-COVID 19 Economic Plan


Source: Adobe/Rochu_2008 How might governments try to drag their economies out of the mire when the coronavirus pandemic finally subsides? Many of those interested in peering into the future are looking to South Korea, where the powers-that-be are already outlining their post-pandemic economic...

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