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Klaytn's Governance Council: Bringing Enterprises and Institutions Together on Blockchain

Klaytn's Governance Council: Bringing Enterprises and Institutions Together on Blockchain

In part 1 of our interview with Zachary Keats of Klaytn, Kakao’s blockchain development arm, we explored Klaytn and Kakao’s dominance in the online and digital community in South Korea. Although Kakao gives Klaytn a large audience and participant pool in South Korea, what other attributes does Klaytn have that makes it an exceptional blockchain?

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

In a move similar to the US antitrust hearing, the People’s Bank of China has prompted the nations top antitrust body to probe Alipay and WeChat

China’s Central Bank Accelerates R&D of its Legal Digital Currency

China’s Central Bank Accelerates R&D of its Legal Digital Currency

People's Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency.

Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC

Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC

Facebook’s creation of cryptocurrency Libra will spawn a ‘shadow banking’ system outside of sanctioned financial markets according to US banks.

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.

Fifth Belt and Road Summit draws to successful close

Fifth Belt and Road Summit draws to successful close

The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close today. In response to the COVID-19 pandemic, this year’s summit was changed to an online broadcast. With the new virtual platform helping to overcome geographical boundaries, more than 6,000 participants from about 80 countries and regions attended the event.

The Fourth Belt and Road Summit 2019 –  FinTech Cultural Revolution for Inclusive and Green Finance

The Fourth Belt and Road Summit 2019 – FinTech Cultural Revolution for Inclusive and Green Finance

The fourth Belt and Road Summit jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council was held on 11 to 12 September at the Hong Kong Convention and Exhibition Centre. With around 5000 government officials, professionals and entrepreneurs from 69 countries attended the summit, opportunities and innovations were shared and explored.

100 Million: You Can Apply Swiss New FinTech licence Permitting to Accept Public Deposits of Up to 100 Million Next Year

100 Million: You Can Apply Swiss New FinTech licence Permitting to Accept Public Deposits of Up to 100 Million Next Year

From 2019, interested parties can apply for the new FinTech licence. The Swiss Financial Market Supervisory Authority FINMA is responsible for granting this licence. It has published guidelines aimed at simplifying the application process.

The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates

The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates

Under the new bill being considered by the Australian Parliament, people could be jailed for two years and pay a fine of $ 25,200 for just using more than $10,000. If this bill is passed, it will force its citizens to look away from traditional fiat currencies and go for decentralized digital currencies such as Bitcoin.

China’s Major State-Run Commercial Banks Test CBDC Digital Wallet

China’s Major State-Run Commercial Banks Test CBDC Digital Wallet

China’s major state-run banks are testing out its central bank digital currency (CBDC) digital wallet application. The Chinese central bank, having said that its CBDC, also known as digital currency electronic payment (DCEP), is “almost ready,” is finally moving a step closer to its official launch nationwide.

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model. What is the story behind?

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