Regulation
South Korean finance watchdog set to take over crypto regulation
South Korea is in the process of tasking a branch of the Financial Services Commission with regulating cryptocurrency exchanges.
Danny Park
Lens
blockchain
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DeFi Platforms
Cardano launches first Alonzo smart-contract testnet
Input Output Hong Kong, one of the companies behind the Cardano blockchain, today announced the launch of the first testnet for Cardano's Alonzo upgrade.
Michelle Lim
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DeFi Innovations
Bridging the DeFi data gap with indexing blockchain data
Blockchain technology has massive data requirements, but the data can be difficult and costly to access. What are some of the solutions?
Ganesh Swami
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Regulation
Indonesia to launch digital rupiah as online payments soar
Indonesia is planning to launch a digital version of its national currency, central bank Governor Perry Warjiyo said on Tuesday.
Forkast.News
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DeFi News
Bank on change: DeFi’s challenge to traditional finance and fintech
As mainstream finance embraces decentralized finance, neither it nor its younger challengers are likely to escape the evolutionary forces at work.
Bryan Michael Galvan
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DeFi News
Chainlink joins Hedera council in push to link DeFi with traditional finance
Chainlink, a data oracle, has joined the Hedera Governing Council, which oversees the distributed governance of the Hedera network, an enterprise-grade public network for the decentralized economy.
Forkast.News
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Altcoins
RippleNet ties up with Egyptian bank, UAE payment firm for funds transfers
RippleNet has partnered with National Bank of Egypt and UAE-based payment services firm LuLu International Exchange for the processing of cross-border funds transfers from the United Arab Emirates to Egypt.
Forkast.News
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Regulation
China’s new crypto ban shouldn’t stoke fear, says Conflux network co-founder
Fan Long, a co-founder of Chinese public blockchain network Conflux, says China’s latest broadside against the use of cryptocurrencies in the financial sector should not be interpreted as a sign that Beijing is intent on shutting down digital currencies.
Michelle Lim
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Regulation
China shuts banks, finance firms out of cryptocurrency business
China has slapped a ban on finance sector businesses, including payment firms, from offering cryptocurrency services.
Forkast.News
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DeFi News
China Merchants Bank launches US$50M DeFi, dApp fund with Nervos
Privately owned Chinese lender continues to target blockchain opportunities as it remains shut out of Beijing's digital yuan project.
Kelly Le
