Asia
27 Financial Firms Form Korean Blockchain Consortium
A new blockchain consortium has been formed in South Korea, with both established finance firms and technology startups on its membership roster.
Why Bitcoin's Remittance Disruption Slowed to a Crawl
Cross-border remittance was expected to be bitcoin’s killer app, but that just hasn't happened. CoinDesk looks at why.
China's Huiyin Group Launches $20 Million Bitcoin Fund
Multibillion-dollar investment company Huiyin Group has launched a $20m bitcoin-focused investment fund.
UBS Eyes Blockchain in China Expansion
UBS plans to invest in blockchain as part of an expansion plan in China.
Korea Exchange Launches Blockchain-Powered Private Market
The Korea Exchange, South Korea’s sole securities exchange operator, has launched a new service that utilizes blockchain technology.
Singapore's Central Bank to Test Blockchain-Backed Digital Currency
Blockchain consortium startup R3CEV and eight major banks are said to be participating in the forthcoming trial.
China's CITIC Hosts Seminar on Banking and Blockchain
China's CITIC bank, one of the country's largest commercial banks, recently held a seminar devoted to blockchain.
R3 Launches Blockchain Lab in Singapore
Banking consortium R3 has officially launched a new blockchain lab in Singapore in partnership with the local central bank.
Bitcoin Price Drops 5% as New China Rumors Stoke Trading
Reports that China may soon take actions to limit domestic bitcoin exchanges caused notable market activity today.
Thai Bank Tests Blockchain For Recordkeeping
One of Thailand’s leading commercial banks is working with IBM on applying blockchain to its transaction services.
