Binance Exchange Looks Set to Enter the Cryptocurrency Market in South Korea

2018-7-26 09:12

Binance appears to be keen on entering the South Korean cryptocurrency market. The top-ranked cryptocurrency exchange platform based on trading volume has announced plans to establish about three to five enterprises in the country by the end of 2018.

The plan follows the platform’s recent expansion efforts as the race for dominance in the cryptocurrency […].

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South Korea Denies Cryptocurrency Exchanges From Venture Firm Certification

Although the South Korean Government is keen to improve blockchain regulations, they do not express the same sentiment towards the cryptocurrency industry. According to an article published by Business Korea on October 1, 2018, the South Korean Government decided to deny cryptocurrency exchanges from venture firm certification, which will lead to an increase in taxes for these companies.

2018-10-3 23:00


South American Country Peru Sees Growth In Cryptocurrency Trading Volumes

Cryptocurrency Gains Ground In Peru – Report Shows South American countries have stepped up their game in recent times. The Latinos, as they are popularly referred to, have embraced the use of cryptocurrencies due to several reasons that dab around the standard of living to the accelerated rate of development of science and technology, among […]

2018-8-6 16:25


Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions

From now on the cryptocurrency exchanges of South Korea form a new industry named “Cryptocurrency Exchange and Brokerage” able to operate at a large capacity with full government support. The post Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions appeared first on CoinSpeaker.

2018-7-6 20:52


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South Korea Officially Recognizes Cryptocurrency Exchanges

South Korea has moved to recognize cryptocurrency exchanges as legal entities in their own right for the first time, cementing their position in the local economy. Unveiling ‘Cryptoasset Exchanges And Brokerages’ As local news outlet The B-Chain reports, new “classification” of Blockchain-related industries means exchanges are now considered “cryptoasset exchanges and brokerages.

2018-7-5 15:00


South Asian Banking Ban dealine around the corner, causing Zebpay exchange to stop.

One of India’s largest exchanges Zebpay announced it was freezing Indian rupee deposits and withdrawals July 4, a day before a controversial bank ban on cryptocurrency businesses comes into effect. “INR deposits and withdrawals have been paused in the Zebpay app until banks allow us again,” an update to the original warning reads. On Tuesday,

2018-7-5 21:00


Contradictory Reports Emerge on Crypto Taxation in South Korea

One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to anticipate. The South Korean crypto […]

2018-6-27 17:00


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