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A transition is underway as digital currencies move slowly into the mainstream. Some case studies offer clues where the shift is headed and what threats bitcoin, Libra and other systems might pose or what benefits they might bring.
U.S. Special Representative for North Korea Stephen Biegun arrived in Seoul on Aug. 20 for meetings with South Korean officials amid the conclusion of joint U.S.-South Korean military drills, NK News reported.
Japan has approved a second shipment of high-tech supplies to South Korea for Samsung's chipmaking production, Reuters reported Aug. 20, citing sources. A South Korean official confirmed the report but added that uncertainty would remain until Tokyo lifts export controls against Seoul.
The Chinese government plans to classify Shenzhen as a special economic zone and implement wide-ranging reforms in an effort to boost the city's growth in innovation, public service and environmental protection, among other areas, the South China Morning Post reported Aug. 18.
The U.S. government is planning to proceed with an F-16 fighter jet sale to Taiwan after the Trump administration notified the U.S. Congress that it would submit the proposal for informal review by the end of Aug. 16, The Washington Post reported.
The director of the North Korean military's Politburo, Gen. Kim Su Gil, has arrived in China for a rare visit, NK News reported Aug. 16. Separately, North Korea fired another two unidentified projectiles from its east coast into the Sea of Japan earlier that day.
The United States is "deeply concerned" by reports of Chinese troop movements along the border with Hong Kong, the State Department said Aug. 14, while urging Beijing to respect the city's autonomy, the South China Morning Post reported Aug. 15.
Japanese Deputy Foreign Minister Takeo Akiba and South Korean Vice Foreign Minister Cho Sei Young have reportedly canceled a previously unpublicized upcoming meeting in Guam to discuss means of de-escalating trade tensions, the South China Morning Post reported Aug. 15.