Hong Kong may soon have a fully licensed crypto-exchange

Asia’s leading digital asset platform received approval for an automated trading and market license for digital assets. This is a big step forward for crypto-adoption in Hong Kong. Hong Kong’s Financial Services Authority made the general decision to grant Asia’s Digital Asset Platform OSL the license to conduct crypto-related business. This decision is the first […]

South Korea’s largest bank plans to introduce crypto-custody services

Since a change in the law in March 2020, digital assets are recognized as such in South Korea. KB Kookmin Bank has now entered into strategic partnerships to further develop this emerging market and provide crypto-custody services. More and more major banks are focusing their strategy on digital assets. In 2017, the South Korean government […]

Iranian President calls for new national approach to crypto-mining industry

President Rouhani, who also chairs the Economic Coordination Unit, recently announced that the country needs a new strategy for mining crypto-currencies. Iran is wavering between promoting and banning parts of the crypto ecosystem. According to the Iranian portal arzdigital, Hassan Rouhani made a statement to the national central bank (CBI), the energy department and the […]

Blockchain pilot project set to revolutionize logistics in shipping

CargoSmart Limited is working with one of the largest shipping companies in the world (CISCO Shipping Lines) as part of a Shipping-blockchain pilot project. The aim is to make sea freight data and delivery status visible at any time. Blockchain technology allows the automatic forwarding of information that cannot be changed afterwards. CargoSmart will record […]

Chinese courier service deals with blockchain during pandemic

During the COVID-19 pandemic, the second largest courier service in China (SF Express) is intensively engaging in blockchain technology and its possible applications for the transport of various goods. Blockchain guarantees high standards and reliability It is not known how extensively the company currently uses blockchain, but it is reported that the company is looking […]