Newsflash of October 17

newslfash

Market Cap at 2:09 (UTC) – $217,478,168,906 billion 

Bitcoin dominance: 66.5 % 

BTC $ 8,034.65 (-3.45%)

ETH $175.28 (-4.71%)

XRP $0.284255 (-2.76%)

Blockchain will be integrated into South Korea’s trade finance ecosystem

shutterstock 725530672 blockchain

According to an article by the South Korea’s Ministry of Economy and Finance, Hong Nam-ki, the Finance Minister of South Korea has published Development Plan for Digital Trade. Per the plan, South Korea will integrate various technologies such as blockchain, big data, AI into the country trade finance ecosystem in 2021.

Wales to develop country native crypto

WelshGov

The Welsh government is reported to launch its own digital currency. Per the article, the system is called Celyn mutual credit system and it is created on the basic of a Sardinian model called Sardex. However, no further details about the developments were shared.

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