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Crypto Trading Ban Won’t Work, Says Hong Kong’s Top Financial Regulator
Carlson Tong Ka-shing believes Hong Kong needs a more robust regulatory framework for cryptocurrency trading. The soon-to-be former head of the Hong Kong Securities and Futures Commission (SFC) has called for greater emphasis on investor protection in the volatile virtual currency trading arena. дальше »
2018-10-15 18:00 | |
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Korean Government Expected to Announce ICO Stance in November, Official Says
The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. дальше »
2018-10-15 03:35 | |
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Head of Korea’s Top Financial Regulatory Body Reaffirms Stance Against ICOs
On October 11, Chairman of Korea’s Financial Services Commission Choi Jong-koo reaffirmed his negative stance against virtual currencies and initial coin offerings (ICOs) in a statement given to Korea’s National Assembly. дальше »
2018-10-13 02:41 | |
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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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South Korea Stands Firm: Won’t Legalize ICOs For Now
South Korea stood its ground on the matter of legalizing initial coin offerings (ICOs), reaffirming the ban that the country instituted last fall. ICO Ban Stands The Financial Services Commission (FSC) – South Korea’s top financial regulator — reaffirmed October 11 that the country will maintain its position on initial coin offerings and keep them outlawed. дальше »
2018-10-12 20:00 | |
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Korea’s Finance Regulator: We Should Not Equate Cryptos with Blockchain
South Korea’s top financial regulator on Thursday clarified that initial coin offering (ICO) issuance will remain banned despite the government’s inclination towards setting up a blockchain hub in Seoul. дальше »
2018-10-11 21:30 | |
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South Korean regulator warns of serious fallout if ICO ban lifts
South Korean lawmakers will decide the future of domestic initial coin offerings (ICOs) in November, but that hasn’t stopped its top financial regulator from lashing out at the cryptocurrency market one last time. дальше »
2018-10-11 13:09 | |
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More Bitcoin ATMs for Argentina Amidst Country’s Financial Crisis
Two companies plan to install more Bitcoin ATMs for Argentina, amidst the country’s financial crisis. Bitcoin to the Rescue Argentina’s financial crisis will be eased, with the introduction of more BTC ATMs in the country. дальше »
2018-10-6 10:12 | |
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South Korean Regulators Discuss Proposals for ICO Legislation
Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. дальше »
2018-10-6 08:15 | |
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Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]
Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first. дальше »
2018-10-6 16:37 | |
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[promoted] How Invictus Capital Is Reshaping the Landscape of Cryptocurrency Investing
One of the impacts of the rapid, global advancement of digital asset markets has been seasons of volatility and turbulence. This creates a challenging environment for even the most astute investors in terms of managing cryptocurrency portfolios and investment strategies. дальше »
2018-10-3 17:37 | |
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This Week in Blockchain Venture Capital – Oct. 3
TEMCO Labs, a supply chain management product for small to medium-sized businesses powered by the RSK Blockchain, recently closed a seed round of an undisclosed size. Notably, Korea Investment Partners (KIP), the largest venture capital firm in South Korea, made its first blockchain investment in TEMCO Labs. дальше »
2018-10-3 14:00 | |
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RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia
In traditional banking, for there to be a cross-border payment, two banks had to be directly connected on a one-on-one basis. The situation in the Association of South Eastern Asian Nations (ASEAN) was exactly this way up until the Siam Commercial Bank (SCM) – a member of RippleNet – became the first financial institution in […] The post RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia appeared first on Ethereum World News. дальше »
2018-9-29 10:51 | |
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South Korea Urges 14 Countries to Create International Discipline System for Crypto
At an annual international conference for regulators in Seoul, the South Korean Financial Supervisory Service urged regulators from 14 other countries to create an international discipline system for cryptocurrency and initial coin offerings. дальше »
2018-9-8 17:30 | |
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Philippines, South Korea and Thailand All Planning to Ease Crypto Regulations, Creating ‘Crypto Valleys’
Local news outlet Nikkei Asian Review reports that several Asian countries have launched simultaneous efforts to ease government regulations to attract new financial technology (fintech) companies. дальше »
2018-8-28 18:25 | |
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China Blocks Access to Over 120 Offshore Digital Currency Exchanges
China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers. дальше »
2018-8-24 00:24 | |
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China Bans Crypto Events in Beijing, Blocks 124 Trading Platforms
Despite a nationwide crackdown on cryptocurrencies already in place, the Chinese government went one step further and passed a decree forbidding all crypto-related events in Beijing’s financial district. дальше »
2018-8-24 00:00 | |
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Ether Price Analysis: Historic Support Breaks, Leads to Signs of Capitulation
In two short weeks, ETHUSD has devalued by 50% of its market value. With little to no relief for the underwater bulls, ether seems to be accelerating downward as buyer confidence is lacking and showing signs of capitulation. дальше »
2018-8-15 01:10 | |
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UpBit Cleared of Fraud, Says Parent Company
After a police raid over allegations of fraud and insolvency, UpBit, South Korea’s leading cryptocurrency exchange demonstrated full financial competence after a final audit report. Dunamoo, UpBit’s parent company, cited a report proving the exchange has ample assets to match its balance sheets. дальше »
2018-8-7 00:30 | |
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South Korea’s FSS Calls for an Integrated Blockchain System For Stock Trading
South Korea’s Financial Supervisory Service (FSS) has called on public and private entities to work together towards the establishment of an integrated blockchain system. In a report released this Thursday, South. дальше »
2018-8-3 17:50 | |
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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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Trading stockton for korea’s financial regulator wants to use blockchain
South Korea’s financial watchdog is advocating for a blockchain-based stock trading system. The usage of blockchain in stock trading is already well established, with the Australian Securities Exchange (ASX) first trialing distributed ledger tech for its settlement and clearing system, called CHESS, in 2016. дальше »
2018-8-3 01:20 | |
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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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Blockchain Economic Summit in Malaysia
Bloconomic (Blockchain Economic Summit) 2018 aims to bring together the many components of Blockchain economy into the heart of South East Asia, Kuala Lumpur, Malaysia. Taking place on August 16 to 17, 2018 the summit entails Main Conference, Leaders Panel Session and Mini Exhibition Shows. дальше »
2018-7-28 03:00 | |
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Lawmakers pushed to pass South Korea’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. Over a month ago, two largest cryptocurrency exchanges, operating in South Korea became victims of infamous hackers’ attacks. дальше »
2018-7-28 23:10 | |
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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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Korean Regulators Call for Urgent Passing of Crypto Laws
Reports from Bloomberg today have revealed that Korea’s financial regulators are urging lawmakers to quickly pass cryptocurrency legislation to protect investors from under-securitized exchanges. The Bloomberg article states that local exchanges are “rife with security flaws and money-laundering risks”. дальше »
2018-7-27 12:25 | |
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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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Korean Regulators Call for Urgent Passing of Crypto Laws
Reports from Bloomberg today have revealed that Korea’s financial regulators are urging lawmakers to quickly pass cryptocurrency legislation to protect investors from under-securitized exchanges. дальше »
2018-7-27 23:28 | |
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South Korean Govt Speeds up Legalising Crypto Market Bill
As the cryptocurrency industry reels under pressure due to the high number of crypto crimes and continued security threats, the Regulators urged the government of South Korea to bring in new legislation at the earliest. дальше »
2018-7-27 22:12 | |
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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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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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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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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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FOMO Floods South Africa As 40% Regret Not Investing Sooner
A survey carried out across South Africa not only shows a thirst for cryptocurrency, it also shows that a number of people are now starting to regret not investing sooner, a feeling that many of us can indeed sympathise with. дальше »
2018-7-24 08:00 | |
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Crypto regulation agreement: A joint effort by South Korea and China
In a new initiative, South Korea is working towards an organizational change that would create a dedicated department for establishing and regulating crypto policies with the crypto regulation agreement. дальше »
2018-7-24 23:15 | |
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South Korean Regulators Create Exclusive Cryptocurrency Department for Policymaking
The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »
2018-7-24 23:00 | |
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South Korean Regulators Create Exclusive Cryptocurrency Department For Policymaking
The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »
2018-7-24 23:00 | |
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South Korean Officials Announce Financial Innovation Bureau
The new department will make policies and recommendations about the use of crypto and blockchain technology.
дальше »2018-7-24 21:22 | |
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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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