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Flurry of German, South Korean, UAE Major Firms Pivot to Blockchain


Etihad Airways. A number of major international companies in Europe, the Middle East and Asia have announced they will be embarking on blockchain technology-powered business operations. In Germany, the country’s second-largest bank, Commerzbank, says it has developed a “blockchain-based payment...

S Korean Exchange to ‘Boost Restrictions’ on Deposits, Withdrawals


South Korean cryptocurrency exchanges could be set to police their customers more thoroughly, as platforms in the country look set to fall in line with regulatory pressure. Per ZDNet Korea, the Korbit exchange says it will “strengthen its restrictions on deposits and withdrawals through Fraud...

South Korean Cities May Reward Cyclists with ‘Token’ Incentives


Local governments across South Korea could be set to hand out “blockchain-powered tokens” to cyclists who use city-run bike-sharing programs. Per media outlet NBN, a number of governing authorities in some of South Korea’s most populous cities – including Seoul, Busan and Incheon – are now looking...

UN Believes North Korean Crypto Raiders Have Amassed USD 2Bn


North Korea is reportedly continuing to intensify its attacks on cryptocurrency exchanges – and may have accrued a staggering USD 2 billion from its efforts so far. In Japan, newspaper Asahi Shinbum says it has obtained access to an as-yet-unpublished, 142-page UN Security Council report that...

S Korean Telecoms, Food Giants Team up for Blockchain Project


Two of South Korea’s most blockchain-keen conglomerates say they will team up for a joint food supply chain project that makes use of the technology. Telecoms giant KT has sealed a deal with food producer Nongshim’s own tech arm, Nongshim Data System (NDS). The companies say they will create...

S Korean Blockchain Sandbox ‘Leaving Crypto Companies in Limbo’


Companies hoping to use South Korea’s regulatory sandbox to pioneer blockchain-powered overseas remittance operations have been left treading water – with ministers still undecided as to whether they will grant operating permits seven months after beginning deliberations. Per media outlet Next...

Argentinian, S Korean Local Governments Set New Blockchain Goals


Local governments around the world are looking to revitalize their economies using blockchain technology. Officials in the Argentinean province of Río Negro, on the northern edge of Patagonia, have been briefed on the technology underpinning cryptocurrencies. Senior officials were given...

South Korean Parliament Offers Pro-Crypto Advocates a Glimmer of Hope


Campaigners hoping to sway Seoul away from its two-tiered blockchain and cryptocurrency policy have been buoyed by an announcement from a senior National Assembly committee member – hinting that the country’s parliament may be prepared to lend its support to two pro-cryptocurrency private members’...

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