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January 10, 2020

Bithumb Pledges $8M to South Korea's 'Regulation-Free' Blockchain Zone

Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone

[ad_1] South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will discuss the preliminary plans with the Financial Services Commission (FSC) this month. Also read: […]

Thai Stellar-Based Startup Lightnet Raises $31M to Replace SWIFT

Thai Stellar-Based Startup Lightnet Raises $31M to Replace SWIFT

[ad_1] Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries. The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates in the region, Singaporean United Overseas Bank (UOB) and South Korea’s Hanwha Investment & Securities, Business Insider Malaysia reports Jan. 10. Stellar […]