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The Pandemic Encourages Asian Countries to Take Blockchain

According to a report from the Nikkei Asian Review, the Coronavirus pandemic prompted many Asian countries to adopt blockchain technology to secure their data over the Internet against hackers and cyber-thieves. This increase in adoption comes as The Business Research Company said in 2023. It is expected that the global blockchain market will reach $15.88 […]

EY Japan to fight counterfeit sake with blockchain

EY Japan to Fight Fraudulent Sale of Fruit & Sake with Blockchain in Asia

Japan-based global accountancy firm Ernst & Young has announced its plans to launch an ideal blockchain system for tracking and tracing Japanese fruit & sake. It ensures the prevention of fraudulent products’ sales in the Asian country. As per Asian Nikkei Review, SAKE Blockchain by EY Japan will soon be rolled out across Asia once […]

Litecoin partners with MeconCash

13K ATMs in South Korea to Support Litecoin Withdrawal & Remittances

On Feb 28, the Litecoin Foundation announced a partnership with MeconCash to roll-out Litecoin to Korean Won (KRW) withdrawals and remittances from 13K ATMs in South Korea. The partnership will see LTC integrated onto MeconCash’s M.Pay payments platform. Litecoin will also be accepted as payment on MecoinCash’s retail platform MeconMall, and to pay for games […]

Binance now allows deposits in hong kong dollars

Crypto Exchange Binance Adds Hong Kong Dollars to Fiat Gateway

Binance, one of the world’s foremost cryptocurrency exchanges, now allows deposits in Hong Kong dollars. According to the Feb 21 announcement, Binance now offers both deposits and withdrawals in Hong Kong dollars without any deposit fees. After depositing Hong Kong dollars, users are free to spend them on cryptocurrency. Deposits are enabled through a partnership […]

crypto scam and ponzi scheme

Over $117M Bitcoin in Crypto Scam PlusToken Moves to New Addresses

Over 12,000 bitcoins (currently worth over $117M) associated with the alleged crypto scam PlusToken, have just moved to two new blockchain addresses. The two addresses are 1st address, 2nd address. The revelation was made public by the VP of research at Chinese blockchain security firm PeckShield, Chiachih Wu, through a tweet. As you can see, […]

japanese official calls for urgent development of digital yen

Japanese Official Calls for Urgent Development of Digital Yen

Another Japanese lawmaker has publicly called for the swift development of the digital yen. The head of the banking and finance systems research commission at Japan’s Liberal Democratic Party, Kozo Yamamoto, said that the country should create a digital yen in two-to-three years. As per the report by Reuters, Yamamoto said Japan should plan for […]

Singapore Law requires crypto firms to be licensed in the country

New Singapore Law Requires Crypto Firms to Be Licensed in the Country

New Singapore law has come into force today. It requires all crypto firms and businesses operating in the country to get registered and licensed. Singapore Payment Service Act was first passed in early January 2020 and is enacted now. The Monetary Authority of Singapore (MAS) announces the news on Tuesday. According to the act, it […]