South Korea's regulatory board is eyeing sanctions against financial institutions linked to illicit forex transactions to safeguard its digital assets market following intense scrutiny among banks.
The Australian Border Force has partnered with two separate regulatory agencies in Singapore, to run a pilot of digital verification schemes on the blockchain to streamline cross-border trade.
Seven companies are reportedly preparing to invest in the new platform, which relies on blockchain technology to secure recorded data against risks from external tampering and unauthorized access.
