Four Asian countries have carried out tests using digital currencies for international settlements. The Bank of International Settlements (BIS) participated in the tests, which included foreign exchange transactions and...

In the face of escalating sanctions, Russian authorities understand they just cant do without cross-border crypto payment and are now taking steps to make it happen. Bitcoin, the worlds number one crypto by market cap,...

The Society for Worldwide Interbank Financial Telecommunication (S.W.I.F.T.) has entered into a partnership with Chainlink for a new proof-of-concept (POC) project that will help financial institutions operate across...

One of the worlds top auction houses just launched a blockchain-based platform dedicated to non-fungible tokens that allow NFT sales to be made directly on the blockchain. The 256-year-old British auction giant Christies...

The South Korean city of Busan is making sure that it gets all the help it can for its local crypto exchange and blockchain-related projects. The latest crypto industry heavyweight tapped by the city government is Huobi...

The South Korean government has been actively showing its support of the countrys Web3 and Metaverse industry. Aside from investing hundreds of millions of dollars to create its own metaverse ecosystem, the government is...

A subsidiary of one of South Koreas largest conglomerates is entering into the crypto space. LG Electronics, which is part of the countrys fourth-largest chaebol LG Corp., is getting into the crypto service business by...

Busan, South Koreas second-largest city after the capital Seoul, is moving full steam ahead with its crypto and blockchain development plans. The city has announced that it has partnered with the crypto trading platform...

The adoption of cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) has been gaining traction over the years with a growing number of jurisdictions worldwide now accepting digital currencies as payment for taxes. The...

Binance, the worlds largest crypto exchange by trading volume, will be lending its expertise to help promote crypto adoption in the Korean City of Busan. The company will help the city develop its blockchain ecosystem and...