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South Korean Telecoms Giant KT Has Built Its Own Blockchain
The second largest mobile carrier in South Korea has launched its own blockchain network and aims to apply the tech across several sectors.
UK Central Bank Says New Payments System Will Be Blockchain Friendly
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms.
Crypto Stock Exchange Operator Pleads Guilty to Fraud
Jon Montroll, who ran the now-defunct bitcoin investment platform BitFunder, has pled guilty to securities fraud and obstruction of justice charges.
US Chamber of Commerce Calls for Clarity on ICOs
The U.S. Chamber of Commerce urged the SEC and CFTC to provide clear guidance on initial coin offerings to encourage more token sales to launch.
Google Cloud Inks Deal With Blythe Masters' Blockchain Startup
Google Cloud is teaming up with distributed ledger startup Digital Asset to provide development tools for blockchain apps.
Lufthansa, SAP Competition Seeks Ideas for Blockchain in Aviation
Lufthansa has partnered with software giant SAP to launch a blockchain competition seeking ideas for blockchain applications in the airline industry.
Mastercard Had An Outage, So Crypto Had a Field Day
Mastercard suffered an outage last week that led to a hold-up for some transactions – and crypto supporters on social media quickly pounced.
Crypto Exchange Coinbase Forms Political Action Committee
Coinbase formed a Political Action Committee, though it is unclear which candidates it plans to support at this time.
Financial Exchange Thinks Blockchain Can Keep Online Auctions Fair
A state-backed financial asset exchange in China has proposed a way of building a secure blockchain-based system for online bidding.
UK Begins Research on Law Reform for Use of Blockchain Smart Contracts
The U.K. Law Commission has launched research investigating reforms that would bring legal clarity to the use of blockchain-based smart contracts.
