Wall Street rallied Friday after the Fed said it's still far from pulling interest rates off the record low that's helped markets soar, even if it does begin dialing back support for the economy this year.
Korean payment giant’s Danal Fintech joins ICON blockchain Ecosystem
Danal Fintech, a subsidiary of Danal, one of the largest payment companies in South Korea, today announced they are joining the ICON blockchain ecosystem, the largest decentralized network in Korea by market capitalization. They will integrate ICON’s cryptocurrency ICX into Paycoin, its global payments and remittance app. This will allow Paycoin’s 750,000-plus users to pay in ICX at any of Danal’s 60,000 merchant partners, including 7-Eleven, KFC, and Domino’s Pizza.
“With PayPal recently announcing its plans to support cryptocurrencies, we’re starting to see major acceleration in crypto adoption by payment apps and fintech companies in Asia,” said Min Kim, ICON project founder. “Now with Paycoin, it’s easier than ever for people to buy and spend their ICX at thousands of Danal’s merchant partners.”
know. but it will escalate if china decides that it is willing to take the risks by really going hardball, and it s going to withstand all of the pressure is and it s going to continue to escalate. but if china backs down, then i think the rewards will be very, very high for the united states. meaning that china will back down and begin to change its behavior, and i think that s what president trump is trying to get china to do ultimately. arthel: so you re are saying the u.s. is in a position of strength. we have to leave it there. thank you very much, d.hwang. thank you. ashing. eric: major fighting in yemen. we ll take a look. plus, tragedy in the heartland. two sheriff s deputies paid the ultimate price following a deadly confrontation while they were transfer aring an inmate. since my stroke, he hasn t left my side.