KB Kookmin Bank “Cryptocurrency travel rules, possible to solve with white list”
Jin-seok Cho, head of the IT Technology Innovation Center of KB Kookmin Bank, said, “In the situation where the application of the travel rule (money transfer rule) has been postponed one year after the enforcement of the specific financial information law, the whitelist solution can be the first solution.”
At the 1st National Assembly Seminar of the Virtual Capital Industry Rights Act TF hosted online by Kim Byeong-wook along with Democratic Party lawmaker Kim Byeong-wook, CoinDesk Korea, and Korea Blockchain Association on the 19th, center head Jo said, “As the travel rule was postponed, banks were concerned about remittance to the exchange. I’m left,” he said.
President Biden appoints former Ripple executives to OCC
The Wall Street Journal (WSJ), a U.S. economic daily newspaper, announced that Michael S. Barr, former Ripple board member and former U.S. Vice Minister of Treasury, public policy professor at the University of Michigan, U.S. Visual) reported.
Blackrock, the world’s largest asset management company, may launch Bitcoin futures
On the 20th, BlackRock submitted two investment product descriptions to the Securities and Exchange Commission (SEC), including’BlackRock Global Assignment Fund Inc. and BlackRock Funds V’. According to the investment product description released on the SEC website, both funds include bitcoin in their list of derivatives available in the future.
Upbit enters the Singapore and Indonesian Thai (Thailand) markets
Upbit, a cryptocurrency exchange, will enter the Thai (Thailand) market after Singapore and Indonesia. Upbit operator Donamu (CEO Seok-Woo Lee) announced that it has started the’Upbit Thai’ service on the 20th by acquiring a digital asset (cryptocurrency) business license from the Thai Securities and Exchange Commission (SEC).
Corbit listed on UNI·YFI… DeFi Token Expansion
Kobit, a cryptocurrency exchange that is rigorous in listing screening, has started expanding DeFi tokens. It is because the DeFi market, which has been popular since 2020, is now settled.
Corbit listed the DeFi tokens YFI (Wion Finance) and UNI (Uniswab) on the KRW market on the 20th. DeFi refers to decentralized finance that provides mortgage loans and interest provision services based on smart contracts without intermediary of financial institutions.
Hanwha DreamIn Blockchain Hackathon, selected as the best 2 teams
Hanwha Group announced on the 21st that it has selected 2 teams of the best award, 3 teams of excellence awards, and 1 team of special line awards (duplicate awards) in the final of’Dream In Blockchain Hackathon’.
Added a large number of payment cryptocurrencies such as phone hub, ripple and tether
Pornhub, the world’s largest porn site, has added a number of cryptocurrencies that can be paid for.
As a result of checking the phonehub site, the currently available cryptocurrencies are Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), and Monero (XMR). , Tron (TRX), Verge (XVG), Nem (NEM), Doge Coin (DOGE), Zen Cash (ZEN), Wave (WAVES), Ripple (XRP), Tether (USDT), USD Coin (USDC), There are a total of 16 types including Binance Coin (BNB).
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Wave Ridge selected as the 2nd First Lab by IBK Industrial Bank
Wave Ridge announced on the 21st that it was selected as the second IBK Industrial Bank First Lab. Waveridge already has Legtech, a risk management solution related to international financial regulation, and is currently supplying the pricing engine as a partner of a global financial solutions company.
IBK IBK First Lab is an incubation program to introduce innovation from outside the bank. It supports technology development and management coaching, and successful items are transplanted inside IBK to promote win-win growth between startups and institutional banks.
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