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Over 60 Crypto Exchanges In South Korea To Suspend Operations From Next Week
The Financial Services Commission (FSC) in South Korea has set a deadline for foreign and local crypto exchanges to register as legal trading platforms. The financial watchdog has set a September 24 deadline for exchanges to comply. дальше »
2021-9-17 15:46
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60 Crypto Exchanges to Be Suspended in South Korea
South Korea is continuing cryptocurrency trading crackdown дальше »
2021-9-17 11:43
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47% of South Africans own Bitcoin (BTC), holding $70 worth on average
As conversations regarding the use and purchase of digital assets in Africa continues to gain ground, details have emerged that about 47 percent of South African adults hold at least one form of cryptocurrency. дальше »
2021-9-17 10:00
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More than 60 South Korean exchanges will suspend trading amid new regulations
South Korea has been trying to come up with cryptocurrency regulations for some time, and it is now ready to implement them. However, before it does it, it ordered over 60 of its local cryptocurrency exchanges to suspend their operations a week before the regulations arrive. дальше »
2021-9-17 09:19
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South Korea postpones proposed crypto-taxation policy to next year
South Korea is a curious case study. While for many it has been a country fairly conducive to the crypto-community, recent regulatory steps seemed to suggest otherwise. Consider this - A while backThe post South Korea postpones proposed crypto-taxation policy to next year appeared first on AMBCrypto. дальше »
2021-9-17 23:30
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South Korean crypto exchanges face Sept. 24 deadline to submit licence request
Failure to meet South Korean regulators’ new requirements is expected to wipe out tens of crypto exchange operators.
дальше »2021-9-14 12:26
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South Korea braces to curb 'sharp increase' in illegal, crypto-linked activities
The time period given to South Korean cryptocurrency exchanges, for registering with the required authorities is almost over. As per the country's Financial Intelligence Unit, it was looking closely aThe post South Korea braces to curb 'sharp increase' in illegal, crypto-linked activities appeared first on AMBCrypto. дальше »
2021-9-13 01:30
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South Korea's 'big four' crypto-exchanges secure real-name account deal
Bithumb, Coinone, and Korbit, three of South Korea's most-prominent crypto-exchanges, have finally met the country's regulatory conditions and reached deals with banks before the 24 September deadlineThe post South Korea's 'big four' crypto-exchanges secure real-name account deal appeared first on AMBCrypto. дальше »
2021-9-11 01:30
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South Korea exchanges Bithumb, CoinOne, Korbit join forces to de'CODE' regulations
Amid South Korea's growing regulatory woes, Bithumb, CoinOne, and Korbit, three of the nation's four largest cryptocurrency exchanges have joined hands to tackle these challenges. The companies, have The post South Korea exchanges Bithumb, CoinOne, Korbit join forces to de'CODE' regulations appeared first on AMBCrypto. дальше »
2021-8-31 17:30
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South Korea: Crypto exchanges Upbit, Bithumb, Coinone attract millions of users
While several crypto-related businesses in South Korea were having a tough time due to controversial regulatory efforts in the country, Upbit has been able to retain its title as the country's largesThe post South Korea: Crypto exchanges Upbit, Bithumb, Coinone attract millions of users appeared first on AMBCrypto. дальше »
2021-8-30 00:00
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South Korea: Crypto-bank decries lack of 'clear authoritative interpretation'
The Special Provisions Act is set to come into effect from 25 September in South Korea and this has left many exchanges panicking. Popular crypto-banking platform Sandbank is one of them, with the firThe post South Korea: Crypto-bank decries lack of 'clear authoritative interpretation' appeared first on AMBCrypto. дальше »
2021-8-27 01:00
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South Korean Crypto Exchanges Start Receiving Regulatory Compliance Certifications
21 South Korean crypto exchanges out of 63 that applied have received the ISMS certification from authorities, which deems them as having met various protection standards. The post South Korean Crypto Exchanges Start Receiving Regulatory Compliance Certifications appeared first on BeInCrypto. дальше »
2021-8-26 13:06
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Суд провинции Китая отказал криптовалютам в правовом статусе
Ещё один удар по криптовалютному сообществу Китая нанесён новым решением Верховного суда в северной провинции Шаньдун, в котором говорится об отсутствии правового статуса криптовалюты в стране. Как сообщает South China Morning Post, рассматриваемое дело было апелляцией на постановление суда промежуточной инстанции города Цзинань в январе этого года. дальше »
2021-8-24 09:37
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Crypto-tax evasion will come with these penalties in South Africa
With regulations associated with cryptocurrencies becoming stricter around the world, most are attuning themselves to the idea of taxation as well. In fact, crypto-tax carries its own penalties aroundThe post Crypto-tax evasion will come with these penalties in South Africa appeared first on AMBCrypto. дальше »
2021-8-24 20:30
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Суд в Китае постановил, что криптовалюта не защищена законом
Инвестиции или торговля криптовалютами не защищены китайским законодательством, заявил суд высшей инстанции провинции Шаньдун в публичных комментариях к своему решению. Об этом сообщает South China Morning Post. дальше »
2021-8-24 17:08
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South Koreans Turn to Serum (SRM) As Solana (SOL) Ecosystem Pumps
SRM is currently the second most traded crypto on one of the biggest South Korean exchanges, Upbit, after Dogecoin. It is also trading at a premium on both Upbit and Bithumb, the latter also announcing the listing of SOL. дальше »
2021-8-19 18:20
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South Korea: Foreign Exchanges Limit Transactions Following Strict Crypto Regulations
Regulators around the world are cautious about the rise of cryptocurrencies. South Korean authorities are not an exception. The Governor of Bank of Korea, Lee Ju-Yeol, stated that Bitcoin “has no intrinsic value. дальше »
2021-8-19 04:00
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South Korea CBDC To Appear on Samsung Galaxy Smartphones
Samsung will participate in South Korea’s CBDC pilot program, with the asset set for integration with its flagship Galaxy smartphones. The post South Korea CBDC To Appear on Samsung Galaxy Smartphones appeared first on BeInCrypto. дальше »
2021-8-16 09:35
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Ripple Partners with South Korea's Leading Payments Service Provider
Ripple and GME Remittance have collaborated to speed up remittances between South Korea and Thailand дальше »
2021-8-11 07:53
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Samsung to join Kakao for offline trials of South Korean CBDC
South Korea has been taking big steps towards the development of its central bank digital currency [CBDC]. In fact, according to local media, two Samsung affiliates are set to join several Kakao subsiThe post Samsung to join Kakao for offline trials of South Korean CBDC appeared first on AMBCrypto. дальше »
2021-8-6 18:30
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Former Monero Maintainer Arrested, to Be Extradited to South Africa on Fraud Charges
Former maintainer for Moreno, Riccardo “Fluffypony” Spagni, has been arrested in the United States after allegedly running from fraud charges in South Africa. The post Former Monero Maintainer Arrested, to Be Extradited to South Africa on Fraud Charges appeared first on BeInCrypto. дальше »
2021-8-4 09:15
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11 South Korean Exchanges Closing Amid Regulator Probe
A number of middleweight cryptocurrency exchanges in South Korea will close their doors as the country's financial regulator launches an inspection into suspected illegal activities. The post 11 South Korean Exchanges Closing Amid Regulator Probe appeared first on BeInCrypto. дальше »
2021-8-1 18:05
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South Korea to amend tax laws for addressing tax evasion by crypto investors
Cryptocurrency investors in South Korea may have to revisit their tax filings to include crypto earnings as the laws get stricter. The government of South Korea recently proposed a revision of its taxThe post South Korea to amend tax laws for addressing tax evasion by crypto investors appeared first on AMBCrypto. дальше »
2021-7-27 03:00
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South Korea to Seize Funds Held on Crypto Exchanges to Fight Tax Evasion
South Korean financial regulators are going after digital assets that are being held in exchange wallets дальше »
2021-7-26 11:29
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Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners
The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now planning to legalize the industry and source sufficient power supplies from its energy-rich northern neighbor. дальше »
2021-7-24 11:00
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South Korea: KFIU's notice to 27 foreign crypto-exchanges fuels shutdown concerns
South Korean regulators are ramping up measures to protect its citizens from fraudulent activities carried on by foreign crypto-projects. In fact, it has now announced that it will be blocking foreignThe post South Korea: KFIU's notice to 27 foreign crypto-exchanges fuels shutdown concerns appeared first on AMBCrypto. дальше »
2021-7-23 03:30
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South Korea: Crypto Exchanges Must Register in 2 Months, Warns FSC
The South Korean government’s top financial regulator warned Thursday that foreign cryptocurrency exchanges that target Koreans would risk banned access to their websites as well as criminal investigations unless they register with the country’s anti-money laundering authority. дальше »
2021-7-23 23:00
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Alibaba's South China Morning Post ventures into NFTs
China's prominent newspaper, The South China Morning Post announced the launch of its non-fungible token [NFT] collection. The newspaper is owned by Alibaba Group's Jack Ma; the NFT will aim to createThe post Alibaba's South China Morning Post ventures into NFTs appeared first on AMBCrypto. дальше »
2021-7-19 13:00
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Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will be enforced in September. дальше »
2021-7-19 00:30
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South Korea: Bithumb's latest severance of ties casts shadow on recent regulations
Crypto-regulations recently introduced in South Korea have created a slew of problems for companies in the space. Following numerous major steps taken by Bithumb to comply with the regulatory requiremThe post South Korea: Bithumb's latest severance of ties casts shadow on recent regulations appeared first on AMBCrypto. дальше »
2021-7-18 01:30
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Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage
Reports from South Africa suggest that tax authorities have plugged a loophole on the online tax filing system that enabled crypto arbitrage traders to make several purchases on overseas cryptocurrency platforms using just one approval. дальше »
2021-7-17 09:00
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South Korean regulators demand this from foreign exchanges
The financial regulators in South Korea have asked the exchanges based outside the country to register with the anti-money laundering body if they were using the Korean Won. Eun Sung-soo, the ChairmanThe post South Korean regulators demand this from foreign exchanges appeared first on AMBCrypto. дальше »
2021-7-13 17:29
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South Korea: Here's the dilemma exchanges are facing
Although the government tried to regulate the space, new rules have added to the woes of the crypto businesses in South Korea. As per the latest updates, South Korean banks were avoiding extending theThe post South Korea: Here's the dilemma exchanges are facing appeared first on AMBCrypto. дальше »
2021-7-12 14:00
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South Korean Banks Hesitant to Extend Partnerships with Crypto Exchanges
South Korean banks have begrudgingly extended contracts with local exchanges until September while thorough screening is ongoing дальше »
2021-7-12 09:04
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South African Court Grants Final Liquidation Order Against the ‘Biggest Cryptocurrency Scam in 2020’
A South African judge, Justice Alma de Wet, has ruled in favor of granting a final liquidation order against Mirror Trading International (MTI), the country’s biggest bitcoin scam in the past year. дальше »
2021-7-4 17:30
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Greenidge Generation Announces Letter of Intent to Expand Bitcoin Mining Operation to Site in South Carolina
Greenidge Generation Holdings, Inc. announced today that it plans to develop its next bitcoin mining operation in South Carolina. Consistent with Greenidge’s longstanding commitment to... дальше »
2021-7-3 08:37
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South African Regulators Reportedly Fast-Tracking Crypto Regulatory Framework
With South Africa receiving more than its fair share of cryptocurrency-related scams, a report suggests that regulators are responding to this challenge by fast-tracking the process of creating a new regulatory framework. дальше »
2021-7-1 12:30
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Why South Korea's 'Kimchi coins' are in trouble
With changing regulatory landscape in South Korea, it has been getting tough for the cryptocurrency exchanges to comply. The result of this confusion has led many exchanges to limit the number of crypThe post Why South Korea's 'Kimchi coins' are in trouble appeared first on AMBCrypto. дальше »
2021-7-1 03:00
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South Korean Crypto Exchanges Fear Government Regulation of Cryptocurrencies
South Korea's cryptocurrency exchanges express concern over government moves дальше »
2021-6-30 17:47
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В Китае начали продавать небольшие гидроэлектростанции из-за атаки на майнеров
Владельцы небольших гидроэлектростанций в Китае вынуждены продавать оборудование из-за ограничительных мер властей в отношении майнеров биткоина. Об этом пишет South China Morning Post (SCMP). дальше »
2021-6-29 13:18
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Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time
Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them to externalize “any right to capital” will be deemed a criminal offense. Risk of […] дальше »
2021-6-29 07:30
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Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’
Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to investigate complaints” against the crypto investment company, it concedes it has only “found evidence of crypto-asset transactions. дальше »
2021-6-25 15:00
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69,000 Bitcoin worth $3.6 Billion Lost in South African Crypto Scam
It is suspected to be a money-laundering operation for international players. While South Africa’s FSCA is looking into Africrypt, they don't have jurisdiction as crypto assets are not legally considered financial products. дальше »
2021-6-24 18:51
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$3.6B in Bitcoin vanishes in ‘hack’ along with owners of South African crypto platform
Billions worth of Bitcoin has reportedly vanished along with the operators of South African crypto firm AfriCrypt. Is it a scam or a hack? дальше »
2021-6-24 04:36
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South Korean Officials Seize $47M in Crypto Due to Unpaid Taxes
South Korea seized nearly $50 million in cryptocurrency from 12,000 people, who are accused of tax evasion. The post South Korean Officials Seize $47M in Crypto Due to Unpaid Taxes appeared first on BeInCrypto. дальше »
2021-6-24 22:35
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