South Korea Budgets $880 Million for Tech Including Blockchain

One of Asia’s first digital bonds has been piloted in Singapore – opening the door for more such issuances using distributed ledger technology (DLT). International bank HSBC, Singapore Exchange (SGX), and Singapore government-owned investment firm Temasek said Tuesday their pilot for the DLT-based bond – first mooted last November – had been successful. Per an…

Like many crypto execs, Ledger CEO Pascal Gauthier this year learned the type of hard-won lessons that only come from adversity. When the company, one of the largest and most trusted hardware developers in the industry, unveiled a new security feature in May, it ignited a firestorm of criticism.The idea was simple enough: The Ledger

U.S. regulators approved bitcoin ETFs, dramatically broadening access to the 15-year-old cryptocurrency.The Securities and Exchange Commission on Wednesday declared effective the 19b-4 filings submitted by the New York Stock Exchange, Nasdaq and Cboe Global Markets, giving these markets permission to list and offer trading in the securities as soon as Thursday. The 22-page document appeared

A new patent awarded to tech giant IBM highlights how blockchain tech might play a role in monitoring security breaches within computer networks. First filed in September 2017 and awarded Tuesday by the U.S. Patent and Trademark Office (USPTO), the patent outlines how a network of monitors connected to a blockchain platform can log events…

Japanese cryptocurrency exchange Coincheck's plans to list on Nasdaq via a merger with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV faces a possible further delay.The Thunder Bridge board believes there will not sufficient time to complete the merger by the July 2 deadline, according to a preliminary proxy statement dated May 16.…

Apr 7, 2020 at 14:17 UTCUpdated Apr 7, 2020 at 14:36 UTCCredit: humphery / Shutterstock.comU.S. electric car manufacturer Tesla is working with the Shanghai Port Group to test if blockchain can make the process of importing goods into China any easier. In an announcement Tuesday, blockchain-based logistics provider CargoSmart revealed Tesla, the Shanghai International Port…

This episode is sponsored by NYDIG.On this edition of “The Breakdown Weekly Recap,” NLW covers:SEC Chair Gensler’s recent comments on crypto enforcementThe OCC concludes its crypto sprintWhy the crypto community is so concerned about Infrastructure Bill amendment 6050I“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research…

The Markets in Crypto Assets Regulation (MiCA) is hailed as a pivotal moment in crypto market regulation. However, a significant misunderstanding exists regarding fiat backed stablecoins in Europe and the anticipated changes under MiCA.Jón Egilsson is a co-founder and the chairman of Monerium. He previously served as vice chair and chairman of the Icelandic Central

Crypto trading platform Bitget plans to expand into the Middle East and hire up to 60 new members of staff, the company said on Thursday.The company said it has already opened an office in downtown Dubai to support the expansion, and will explore opportunities in Bahrain and the United Arab Emirates (UAE). It also foresees…