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Fintech Asia

Cryptocurrency Transaction Between Russia and Iran to Avoid Sanctions of Embargo

According to reports in the Russian press, Russia and Iran that are a little out of touch with the current conjuncture in the world are; took the use of cryptocurrencies on their agenda for money exchanges like cryptocurrency transaction.  It is stated that they hoped...

Mitsubishi UFJ Financial Group (MUFG) will Try Its Own Cryptocurrency MUFG Coin

Currently the fifth largest bank in the world, Japan’s Mitsubishi UFJ Financial Group (MUFG ) is planning to do trials with its own cryptocurrency as early as 2019. NHK, a local news source in Japan, reports that the testing of the currency, a.k.a  MUFG Coin, may include 100,000 account holders. The initial plan of MUFG was...

New Regulations for Cryptocurrencies in Thailand

According to a report by the Bangkok Post on May 13th, a new royal decree was issued for crypto money registrations in Thailand . The hundred-part law issued by the Royal Gazette in the country describes crypto money as "digital assets and digital tokens" and places these assets under the jurisdiction of...

Coinone Uses Ripple in Money Transfer Services

In February 2017, it was announced that 2 banks and 3 money transfer companies from 4 countries (India, Singapore, Brazil and Canada) will use the Ripple platform to make real-time international payments. Coinone, a South Korean -based cryptocurrency exchange, has recently announced that it will use Ripple’s blockchain network to...

Partnership between Cardano and EMURGO

Emurgo, a Japan-based blockchain startup, announced today that Cardano will combine ADA currency with Metaps Plus. Metaps Plus is one of South Korea's largest payment platforms with a volume of 10 million phones performing offline transactions in South Korea. This partnership aims to integrate the ADA tokens...

Thailand’s Best Stock Market Will Implement Blockchain-Based Funding

The Stock Exchange of Thailand (SET) will fund a national initiative by developing a Blockchian-based system. In the statement, it is stated that SET has decided to support the local initiatives, which will be Blockchain-based, in the country by establishing a fundraising market. The official announcement...
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