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British Virgin Islands, Blockchain Firm Develop Crypto Payments System for Emergency Aid

The British Virgin Islands — a United Kingdom Overseas Territory in the Carribean — has partnered with blockchain firm Lifelabs.io to launch an alternative crypto-enabled payments infrastructure for residents across its network of islands. The development was reported in a BVI government press release on April 18.The partnership notably

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South Korean Government Holds Emergency Meeting to Discuss Bitcoin

The South Korean government held an emergency meeting to evaluate the state of the local cryptocurrency exchange market and trading of digital currencies. A South Korean central bank official stated that the government plans to introduce various regulatory measures on Friday, December 13, with urgency given the recent rise in demand

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