Author Archives: 종원 정

South Korea’s LG Joins Hedera Hashgraph’s DLT Governing Council

LG Hedera

Hardware organization LG joined Hedera Hashgraph’s Governing Council on Wednesday, turning into its fourteenth part.  The expansion edges Hedera toward its chamber’s drawn out objective: tap 39 hands-on hub sprinters to oversee its venture grade open record, Hashgraph. Hashgraph is an option to blockchain stages with purchase from Google, IBM, Boeing and University College London among others.  LG, a South […]

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Kim Jong Un Allegedly Back Hackers in Stealing Crypto

Kim Jong Un Hackers

As indicated by an ongoing report by U.K-based news source Mirror, North Korea President Kim Jong-un has discharged another influx of worldwide digital cyber crime by supposedly teaching the infamous hacking gathering, Lazarus, to make phishing tricks to take Bitcoin and other advanced monetary standards.  The North Korea pioneer is dreaded to have begun another rush of overall digital wrongdoing, […]

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South Korea Pushes Forward with Cryptocurrency Regulation

South Korea Crypto Regulation

The South Korean National Assembly consistently passed the alteration to the Act on Reporting and Use of Specific Financial Information on Thursday, following consultation. The new enactment gives an administrative system to digital forms of money and related specialist organizations. Already, the administration had just given rules however there was no real law passed. “Cryptocurrency now fully legal in South […]

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Bank of Korea Launches Blockchain Bond Research

Bank of Korea

According to the Bank of Korea and the financial market on the 18th, KHNP is selecting a provider at the end of last year and developing a blockchain bond system. The difference with current bond transactions is that the records maintained by the Korea Securities Depository are transformed into a distributed ledger format where multiple nodes share information at the […]

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Coronovirus Starts to Inflict Ill Effects in the Crypto World

Coronavirus

The coronavirus flare-up in Asia is beginning to swell through the crypto world in some unexpected manners – the dropping of gatherings and even the shuttering of offices that process exchanges.  From the casual MeetUps held during the underlying long stretches of Bitcoin to the events at the peak of the crypto bubble, get-togethers have been a key for charming […]

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Monetary Authority of Singapore Announces New Payment Services Act

MAS New Payments Services Act

The Monetary Authority of Singapore (MAS) has reported the initiation of the city-state’s new Payment Services Act. The law commands the usage of an authorizing system that applies to installment suppliers, trades and different stages managing digital forms of money. Their administrators are obliged to meet anti-illegal tax avoidance and counter-terrorist financing guidelines. Singapore’s Payment Services Act produced results on […]

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South Korean Government Commission Wants to List Bitcoin in Korea Exchange

South Korean Government

South Korea is thinking about legislation to carry cryptographic forms of money into the standard and reflecting on whether to impose crypto resources. A South Korean government commission has exhorted the legislature to list bitcoin on Korea Exchange and green-light money-related organizations to dispatch crypto items, including Bitcoin derivatives. When Bitcoin was made in 2009, the possibility of a cryptographic […]

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What Is the State of Bank and Crypto Relationship in Asia?

Bank Crypto Relationship

Bitcoin caught worldwide interest when its worth soared in 2017. However, financial foundations have been delayed to enhance the crypto market. It was the fall of Mt Gox in Japan and the Chinese national bank’s crackdown on bitcoin trades, occasions that both occurred in 2014, that brought about early boundaries among monetary foundations in those countries.  In any case, the […]

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