In an exclusive interview with Cointelegraph, crypto pioneer and BitInstant co-founder, Charlie Shrem, offered his perspective on the early days of crypto. Despite missing some of the comradery from Bitcoin’s (BTC) infancy, Shrem stated that Bitcoin’s early adopters could have better recognized that crypto was much bigger than a new technology to “have fun and experiment with.” Charlie Shrem on the early days of crypto When asked what lessons the contemporary digital asset landscape can learn from the early days of crypto, Shrem stated: “I think the early days could have actually had better lessons.” “I feel like in the …
Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes. As local news outlet Korea JoongAng Daily reported on Oct. 7, KB Kookmin stated that blockchain technology could provide a spectrum of benefits to the financial industry, including the issuance of digital tokens, funding, custodial services and trading. Taking a proactive approach toward blockchain adoption As for the bank itself, it intends to deploy decentralized ledger technology to fight money laundering, improve verification services, custodial services and token offerings. Lee Woo-yeol, chief information officer at KB Kookmin, said that the bank should take …