New Bitcoin Embassies in Asia Bring World Total to 17
Two new Asian 'bitcoin embassies' opened last week in Seoul and Tokyo, with a shared mission to bring bitcoin's message to a more general audience. There are now 17 such advocacy centres worldwide, in all major regions except Africa. However, the organization behind the movement is currently in negotiations to set up embassies both there and in the Middle East. Gangnam style. The Seoul centre is based at the Startup Alliance co-working space in trendy Gangnam. Dongho 'Saddo' Park and Junyoung Park, both local software engineers and cryptocurrency fans, are the primary organizers of the....
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While fleeting in his comments, the U.S. Secretary of State John Kerry has hinted that the government plans to train officers in embassies around the world about bitcoin. Bitcoin may soon be a part of the curriculum imparted on foreign service officers stationed at embassies around the world, according to U.S. Secretary Kerry. The official was talking during a recent appearance at a Silicon Valley gathering during the Virtuous Circle Conference. The topics of the conference were centered around subjects of cybersecurity and the wave of digitization sweeping across various facets of....
La Maison Du BTC in France. Around the world, dedicated Bitcoiners have come together to establish Brick and Mortar “Bitcoin embassies” in order to promote Bitcoin and digital currencies, in general. The first such Bitcoin Embassy came up in Montreal, Canada a few years ago. It is now established as a non-profit organization and has helped establish many Bitcoin companies in Canada, such as pay-bills-with-Bitcoin service Bylls. Brick and Mortar Bitcoin Embassies provide space for Bitcoiners to meet and do all the things that they do. Bitcoiners can trade currencies and ideas, educate....
Yet another Bitcoin Embassy is expected to open its doors with the mission of promoting the bitcoin digital currency as it continues to gain traction around the world. Bitcoin Embassy Amsterdam, as it's know, is gearing up for a December 12th opening in, well, Amsterdam. That's according to Dutch bitcoin blog Coincourant, who notes that the Embassy is situated near a courthouse in the city. The Embassy will feature a meeting area, conference area, and even work spaces for companies in the industry, which should prove useful considering all of the interesting bitcoin happenings in....
The emerging fintech and cryptocurrency industry in Asia received a major portion of total VC funds during the thrid quarter of 2016. Asia is an emerging economic power, thanks to the growth of some of the major countries in the continent. Staying true to its economic progress, the continent is also turning out to be an attractive market for the fintech industry. According to a recent report published by KPMG – one of the “big four” audit firms in the world, the Asian continent was the largest recipient of venture capital in the fintech and cryptocurrency technology sector during the third....
The organizers of a large-scale project to make bitcoin available over the counter at thousands of Taiwanese convenience stores have spoken about the efforts it took to bring their plan to fruition. The main hurdles were overcoming lack of knowledge about bitcoin and local regulatory fears among mainstream businesses, according to local exchange BitoEX. Despite these, the company still managed to launch a fully operational bitcoin-purchasing service in October, with a rollout to 2,980 Family Mart stores. It then expanded to over 5,000 stores in total, with the addition of the OK MART and....