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BitConnect's Alleged Ringleader Arrested in India: Local Reports
Nearly eight months to the day after the ponzi scheme BitConnect exit scammed, the sins of the project have caught up to one of its figureheads. Divyesh Darji, the alleged leader of BitConnect’s Asian team, was arrested this Saturday, August 18, 2018, in the Delhi airport by the Gujarat Criminal Investigation Department (CID). дальше »
2018-8-20 19:54 | |
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Three Chinese Men In Custody Over $87M Cryptocurrency Theft
Police in China has detained three men suspected of pulling the country’s biggest ever cryptocurrency heist — worth 600 million yuan ($87 million). Theft is China’s Biggest: Reports As multiple outlets report quoting local news publication Huashang News on August 19, authorities concluded an investigation spanning almost six months into three men who allegedly hacked a computer for Bitcoin and Ether. дальше »
2018-8-20 12:00 | |
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Cryptocurrency Exchanges Excluded from Venture Firms List by South Korean Government, Angers Cryptocurrency Platform Operators
Cryptocurrency exchanges in South Korea have condemned their exclusion by the country’s government from the classification of venture firms. Many platform operators believe the development is not in the best interest of the nascent cryptocurrency industry. дальше »
2018-8-17 19:58 | |
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Korea’s Largest Cities Want to Become Crypto Capitals, Market Optimistic
Following the release of a new regulatory framework for crypto businesses and blockchain projects, major cities in South Korea have started to build regional policies to fuel the growth of cryptocurrency-related companies. дальше »
2018-8-16 13:39 | |
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5 Trillion Won To Be Invested In Blockchain Tech In South Korea During 2019
The government of South Korea has just earmarked about 5 trillion won, which is approximately $4. 4 billion budget towards its project on the growth of innovation investment program in the eight critical sectors within the country. дальше »
2018-8-16 12:31 | |
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China and South Korea Pledge More Money to Blockchain Research
South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. дальше »
2018-8-15 17:00 | |
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South Korean women protest against growing epidemic of spycam porn
On August 4, a 35-degree Saturday, 70,000 women gathered in the streets of Seoul wearing masks. Many were holding signs declaring “My life is not your porn”. The South Korean women were speaking out in a fight against the country’s growing epidemic of spycam porn. дальше »
2018-8-15 14:25 | |
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South Africa Releases Draft Cryptocurrency Tax Law
The South Africa Revenue Service (SARS) recently released a draft cryptocurrency tax legislation. The draft defines the framework of virtual currency taxation in the country. Details of the Draft Cryptocurrency Tax Legislation The draft cryptocurrency tax legislation follows on from the press release issued by SARS in April 2018. дальше »
2018-8-9 03:00 | |
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South African Releases Draft Cryptocurrency Tax Law
The South Africa Revenue Service (SARS) recently released a draft cryptocurrency tax legislation. The draft defines the framework of virtual currency taxation in the country. Details of the Draft Cryptocurrency Tax Legislation The draft cryptocurrency tax legislation follows on from the press release issued by SARS in April 2018. дальше »
2018-8-9 03:00 | |
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South Korean Authorities Raids Crypto Firm in Alleged Crypto Scam
A Local firm in South Korea, Shinil, was raided in the early hours of yesterday by authorities of the country due to an alleged crypto scam that saw the company promise investors the remains of a wrecked Russian ship, Dmitrii Donskoi, during the Russo-Japanese war in 1905. дальше »
2018-8-9 02:40 | |
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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 […] дальше »
2018-8-6 16:25 | |
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Korea’s Crypto Exchanges are Backed by the Country’s Biggest Bank and Internet Firm
South Korea’s two largest crypto exchanges UPbit and Gopax are backed by the country’s biggest bank and internet company Shinhan Bank and Kakao. Importance of Shinhan Bank’s Involvement The vast majority of investors in South Korea are already well aware that the country’s major crypto exchanges are financed and operated by some of the largest. дальше »
2018-8-6 13:14 | |
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Cryptocurrency Remains Popular In South Africa, But Scams and Questions Still Loom
Sales for an exclusively African cryptocurrency opened up in August to those with a South African bank account — seemingly capitalizing on virtual currency’s popularity in the nation. Despite growing interest, however, scams and fraud are still rife in the country. дальше »
2018-8-5 11:00 | |
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Vanuatu Issues First Cryptocurrency Exchange License to DSTOQ Platform
Vanuatu Issues First Crypto Exchange License Vanuatu, a South Pacific island, has taken major strides when it comes to cryptocurrency. The country approved the issuance of a stock exchange license to a crypto exchange. дальше »
2018-8-4 23:56 | |
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South Korea’s FSS is Studying Blockchain Systems For Stock Trading Integration
Korean Regulators Suggest Blockchain for Stock Market The South Korean financial technology sector continues to grow, due in no small part to the prevalence of cryptocurrency trading and blockchain tech which is always developing and innovating within the country’s unique economic ecosystem. дальше »
2018-8-3 09:19 | |
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Bithumb Suspends Opening of New Virtual Accounts
Joining a long list of exchanges in South Korea, Bithumb too has suspended the opening of new virtual accounts after having failed to renew its contract with the bank. The suspension started as of the 1st of August and currently only three exchanges in the country are able to open new accounts. дальше »
2018-8-2 11:02 | |
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South Korea is Pioneering Cryptocurrency Research Centers For Mass Adoption
South Korean Crypto Research Centers Means Mass Adoption? Business Korea, a local media source, reported that the country has started to launch cryptocurrency research centers. The purpose of such centers is to provide potential investors with the information and knowledge necessary to make smart investments and to promote the mass use of cryptocurrency as well. […] дальше »
2018-7-31 11:19 | |
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Are Cryptocurrency Research Centers in South Korea the Next Step Towards Mass Adoption?
Industry-specific research centers have begun opening in South Korea, aiming to provide comprehensive analyses of the cryptocurrency market conditions in the country and abroad. Adoption Through Clarity And Protection Local media Business Korea reports that specialized cryptocurrency research centers have started to launch in South Korea. дальше »
2018-7-31 02:00 | |
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Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange
A South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange. дальше »
2018-7-29 08:45 | |
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South Korean Regulator Compels Lawmakers to pass the crypto bill urgently
Regulation South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. Japan Confirms Entrance Into the Crypto Space Crypto Law Urgently Needed South Korea’s top financial regulator, the Financial Services Commission (FSC), has urged lawmakers to “pass the country’s дальше »
2018-7-28 11:06 | |
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South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently
South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. There are currently several crypto-related laws pending at the National Assembly. дальше »
2018-7-28 09:45 | |
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Officials in South Africa Propose VAT-Exemption for Bitcoin Trades
Cryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed. дальше »
2018-7-28 23:45 | |
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South Korea’s Watchdog Hurries Lawmakers Pass the Country’s First Cryptocurrency Bill
Following a billions-worth heist of cryptocurrency exchanges, South Korea’s financial regulator urged lawmakers to pass the bill bringring exchanges under the FSC’s direct supervision. The post South Korea’s Watchdog Hurries Lawmakers Pass the Country’s First Cryptocurrency Bill appeared first on CoinSpeaker. дальше »
2018-7-27 15:50 | |
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Korea Needs To Establish Cryptocurrency Regulations, Now
Cryptocurrency fraud and crime is rife in South Korea. This year alone with have seen countless reports of fraud and hacks taking place within the country in instances that could have otherwise been stopped with adequate regulation. дальше »
2018-7-27 00:30 | |
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Bitcoin, Ethereum, XRP and other coins to be protected better with the new bill, says South Korean official
On 25th July, South Korean officials made it clear that the country’s governing bodies must come together to enforce cryptocurrency regulations. This comes in the wake of major hacks that has threatened to destabilize the financial markets as well as dissuade people from adopting cryptocurrencies on a larger scale. South Korea is making a steady progress […] дальше »
2018-7-27 23:34 | |
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South Korea’s Financial Watchdog Urges Lawmakers to Move Forward With Crypto Bill
Korea’s Financial Services Commission has urged lawmakers to hasten approval of the country’s first crypto bill
дальше »2018-7-26 21:30 | |
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Binance’s South Korea Expansion Plan: Exchange Doesn’t Deny but Plays Down Hype
Crypto traders in South Korea could soon have direct access to Binance’s trading platform. According to a speculative report circulating in the Korean media, the largest cryptocurrency exchange in the world (by trading volume) is preparing to tap in on South Korea’s booming digital asset market by setting up a regional office in the country. дальше »
2018-7-26 17:28 | |
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Binance Prepares to Enter the South Korean Market
Binance is preparing to expand into South Korea, having already hired Koreans for some local positions. CEO Changpeng Zhao has stressed the importance of the Korean market, noting that some Koreans are already using Binance, especially to trade newer coins. дальше »
2018-7-26 10:15 | |
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Korean Authorities to Legitimize Crypto Market as Soon as Possible to Prevent Hacks
The government of South Korea and local financial authorities are planning to pass the country’s first crypto and blockchain legislation as early as possible, to legitimize and strictly oversee the local cryptocurrency industry. дальше »
2018-7-26 09:30 | |
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Binance Exchange Looks Set to Enter the Cryptocurrency Market in South Korea
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. дальше »
2018-7-26 09:12 | |
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Binance Exchange Looks Set to Enter the Cryptocurrency Market in South Korea
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. дальше »
2018-7-25 01:32 | |
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Binance Plans to Expand Into South Korea
Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea. Per the report, Binance CEO Changpeng Zhao hinted at his company's expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend. дальше »
2018-7-25 00:26 | |
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South Korea’s Financial Innovation Bureau Will Legitimize Blockchain and Cryptocurrency
South Korean government officials are taking a very interesting stance on cryptocurrencies. Although they want to bring more legitimacy to this industry, it will need to happen through regulatory efforts first and foremost. дальше »
2018-7-24 19:00 | |
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South Korea to Establish Digital Currency Policy-Making Department
South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising Technology “Leads Financial Innovation” As reported on The Korea Times, the country’s Financial Services Commission decided after careful consideration of the burgeoning blockchain industry and a crucial need for regulation to […] The post South Korea to Establish Digital Currency Policy-Making Department appeared first on CryptoSlate. дальше »
2018-7-23 09:00 | |
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South Korea Considers Tax Reduction For Blockchain Growth
The country has been one of the most aggressive in its pursuit of blockchain-related innovation.
дальше »2018-7-19 22:12 | |
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Nearly 4 in 10 South Africans Wish They Had Invested in Cryptocurrency Says Study
Pan-African financial services company Old Mutual Limited has released an annual Savings and Investment Monitor survey for South Africa, which polled respondents on awareness of and attitude toward cryptocurrencies in the country. дальше »
2018-7-17 07:44 | |
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Sixfold Increase In Chinese Blockchain Companies
In China, the number of companies registered with the word “blockchain” in their names surged from January to July 16, 2018, surpassing last year’s number by nearly sixfold, the South China Morning Post (SCMP) reported July 16. дальше »
2018-7-17 07:36 | |
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G20 Economics Group Want To See Worldwide Cryptocurrency Regulation
G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union. дальше »
2018-7-16 18:30 | |
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This startup is the perfect example of Korea’s vibrant crypto market
Though cryptocurrencies and blockchain applications seem to have taken the entire world by storm, there are few places where this new technology has been embraced like South Korea. In part, thanks to changing regulations within the country, the overwhelming sentiment seems to indicate that crypto will soon become fully integrated into everyday life in South Korea. дальше »
2018-7-16 16:49 | |
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This S. Korean Association Approved 12 Local Exchanges. New Money Expected in the Crypto Markets
Any crypto-enthusiast or crypto-trader who was active around January this year, can attest to the fact that South Korean crypto-trading made up the bulk of the action in the crypto-markets. But as soon as the government officials in the country started hinting at a complete ban on crypto-trading around late January, the crypto-markets were never […] The post This S. дальше »
2018-7-14 10:41 | |
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Bank of Korea Reveals the Impact of Digital Assets in South Korea’s Banking and Finance Sector
South Korea’s central bank, the Bank of Korea (BOK), has revealed that the outstanding balance of cryptocurrency accounts in the country’s domestic banks stood at nearly $2 billion ($1. 8 billion) as of December 2017. дальше »
2018-7-13 16:19 | |
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South Korean MLAs work for Fast Track Cryptocarvoicity and Blackhorn Regulations
A report published on Wednesday, July 11, by The Korea Times suggests that South Korean legislators are all set to submit the draft bills to regulate the country’s cryptocurrency, blockchain and ICO markets. дальше »
2018-7-12 11:04 | |
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South Korean Regulators to Introduce New Rules for Crypto and Blockchain
South Korean lawmakers are to present drafts of bills aimed at developing new rules for crypto, blockchain, and ICOs in the country
дальше »2018-7-12 03:46 | |
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Cryptos Pose ‘Insignificant Risk’ to Financial Markets: Bank of Korea
One week after the Financial Services Commission (FSC) of South Korea said that it is “not opposed” to digital currencies, a Bank of Korea report claimed that cryptocurrencies do not pose a significant risk to the country’s financial system. дальше »
2018-7-10 16:19 | |
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