The EU member states will gather next week in Vienna, Austria to discuss certain steps required to monitor the function of the crypto market.
British insurance giant Lloyd’s of London is expanding its operations into the cryptocurrency space on growing demand for insurance coverage.
The report cites some issued like lack of trust among users, inability to bring the network together, and other technical challenges of scalability and interoperability, for the slower blockchain adoption.
The blockchain platform allows customers to transact on different banking platforms while undergoing verification only through a single app.
The blockchain conference is expected to see blockchain experts from around the globe who will also be having individual meetings with the Korean business officials.
The Thailand Government, Bank of Thailand and several commercial banks are working on a central bank cryptocurrency, to be used for interbank, cross-border and third-party payments.
Research Bank of India has fired the first warning shots and made it known it will not lag behind as other countries invest big on emerging technologies.
Ant Financials and Tencent have ramped up efforts as they seek to crack down on cryptocurrency related activities and transactions in their respective mobile payment apps
The Singapore Stock Exchange and the Monetary Authority of Singapore are working on a blockchain-based system that would make securities settlements more efficient.
Dubbed as Bondi, this will be the world’s first public blockchain bond aimed at improving the operational efficiency of automated financing.