Blockchain Research Institute will open branches in Africa and the Middle East

Blockchain Research Institute will open branches in Africa and the Middle East

The Blockchain Research Institute (BRI) will open innovation centers in South Africa, Korea and the Middle East to raise awareness of blockchain among banks and financial institutions. BRI co-founder and chairman Don Tapscott said the independent think tank is already operating in European countries and Brazil. Its goal is to develop strategies for the implementation of blockchain and other emerging technologies at the commercial, government and community level. This year BRI intends to expand its…

Hong Kong may ban exchanges from working with retail investors

Hong Kong regulators intend to ban cryptocurrency exchanges from operating in the region without a license, as well as providing services to non-professional investors. Hong Kong authorities are concerned that cryptocurrencies may be used for money laundering. Particular attention is planned to be paid to the protection of user accounts due to the high volatility of bitcoin along with other cryptocurrencies. Regulators have previously been wary of digital currencies. Given the current market situation, they…