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South Korea approves banks working with cryptocurrency exchanges
The commissioner of the Financial Services Commission (FSC) of South Korea, Choi Jong-Ku, has reaffirmed that there exists no issues related to compliance and security in the process of banks providing virtual bank accounts to local cryptocurrency exchanges. дальше »
2018-11-1 14:09 | |
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ICON Reveals 3 New Blockchain Apps: ID Card, Vote and S-Coin Payments for South Korean Government Integration
Popular crypto platform ICON has been on a tear recently, with the project not only delivering on its roadmap promises (in a timely fashion) but also releasing new, exciting dApps quite frequently. In this regard, ICON has recently teamed up with the government of South Korea so as to develop three new dApps which will […] дальше »
2018-10-31 23:11 | |
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ICON (ICX) Demos Three Projects In Seoul Government Collaboration
South Korean blockchain platform, ICON, continues to forge ahead with projects involving the local administration. This week it demoed three new initiatives in conjunction with the Seoul Metropolitan Government; ID Card, Voting System & S-Coin Payment. дальше »
2018-10-30 10:17 | |
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ICON Showcases 3 Joint Blockchain Apps With Seoul Government
ICON’s initiatives to connect South Korea in its blockchain-powered ecosystem are gaining momentum. Recently, at the Blockchain International Digital Festival, which was hosted by the Seoul Metropolitan Government, ICON demonstrated the three main components of its blockchain ecosystem for the residents of Seoul – ICON Blockchain Identification Card, ICON Blockchain Vote, and ICON Blockchain S-Coin. дальше »
2018-10-29 14:57 | |
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Korean Crypto Exchange Earns Key Government Cybersecurity Certification
South Korean cryptocurrency exchange GOPAX has become the first blockchain company to attain K-ISMS certification, the official standard in Korea for information security management systems. дальше »
2018-10-30 23:51 | |
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Backing the Blockchain: Why South Korea’s Investment In Adult Education Matters
Blockchain technology is here to stay, and governments around the world are taking note. South Korea is the most recent government to show its dedication to the tech with an investment of $90 million to create blockchain specialists who steer national technology decisions and conversations. дальше »
2018-10-25 17:30 | |
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South Korean ICO Ban May Be Lifted in November
Seoul, South Korea. This morning at the 2018 Korea Blockchain Expo, Representative Hye Hoon Lee, hinted at the South Korean government changing its stance on ICOs. Mrs. Lee is the nominee… The post South Korean ICO Ban May Be Lifted in November appeared first on CoinCentral. дальше »
2018-10-24 18:21 | |
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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017
North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. дальше »
2018-10-20 00:22 | |
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Australian NSW Government Looks to Blockchain Technology For Property Conveyancing
The Australian New South Wales (NSW) Government is eager to trial blockchain technology for property conveyancing because it may make the process more efficient, cheap, secure, and reliable. According to ZDNet’s article published on October 15, 2018, the NSW Land Registry will complete a proof of concept in early 2019 with the intent of shifting all form of land registry. дальше »
2018-10-18 19:00 | |
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ICON (ICX) Increases Ties With South Korean Government
South Korea is a powerhouse when it comes to crypto markets. Things that happen in this Southeast Asian nation have big implications across the entire market and crypto ecosystem. The government’s role in shaping the future of this market is paramount and crypto projects close to that will have the edge. дальше »
2018-10-16 12:46 | |
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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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South Korean Government to Decide on Cryptocurrency ICO Legalization in November
A South Korean official has said that the government is likely to announce its official stance on cryptocurrency ICOs in November. This statement was made during a National Assembly audit on Wednesday. дальше »
2018-10-12 10:16 | |
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South Korea Mulls Over Reversing Ban on ICOs
South Korean legislators are planning to chase the road to clear their stance on Initial Coin Offerings (ICO) in November this year. Despite the government’s on-again-off-again relationship with cryptocurrencies, a National Assembly committee has mooted to revamp the cryptocurrency policies in the country on October 10, 2018. дальше »
2018-10-12 09:00 | |
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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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Guess Who’s Hiding The Most Bitcoin
There are conspiracy theories and speculation all over the crypto space on who holds the most Bitcoin that is currently in circulation. Big mining firms, exchanges, and funds are mainly called Whales as they hold on to the most Bitcoin and have been called responsible for the big amounts of Bitcoin around today. дальше »
2018-10-11 14:00 | |
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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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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil
Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. дальше »
2018-10-10 22:30 | |
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South Korea: Ruling Party Lawmakers Urge Government to Go Ease on ICO Regulation
According to a report by Business Korea, South Korea’s ruling Democratic Party lawmakers Min Byung-doo and Roh Woong-rae are spearheading an initiative to convince the government to reverse the ban on initial coin offerings (ICOs) enacted in Sept. дальше »
2018-10-7 20:59 | |
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Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again
Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP. дальше »
2018-10-6 06:15 | |
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South Korean Lawmakers Call out Country’s Delay in Regulating Token Issuances and Cryptocurrencies
Pointing out the government’s delay in regulating initial coin offerings (ICOs) since a year, South Korean lawmakers called for swift regulatory action in a parliamentary forum on Oct. 2, reported Business Korea. дальше »
2018-10-5 10:00 | |
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South Korean Lawmakers Propose the Legalization of ICOs
South Korea has maintained a reasonably negative stance on cryptocurrencies and initial coin offerings (ICOs) since their blanket ban in September 2017. According to Business Korea’s article released on October 4, 2018, however, the National Assembly is looking to convince the government to remove the ICO ban as it may undermine South Korea’s future competitiveness. дальше »
2018-10-5 09:00 | |
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South Korea’s Chief Policy Maker Insists on Legalizing ICOs
In a recent speech given to the National Assembly, Chairman of South Korea’s National Policy Committee Min Byung-Doo urged Korean regulators to legalize initial coin offerings (ICOs). дальше »
2018-10-4 22:11 | |
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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. дальше »
2018-10-3 23:00 | |
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South Korea Excludes Crypto Exchanges from Venture Firm Certification, Tax Rate Increases 100 Percent
Cryptocurrency exchanges in South Korea faced the dreaded government hammer last week, as the authorities decided to exclude the burgeoning business type from the country’s “Venture Company” certification, reported Business Korea on Oct. дальше »
2018-10-1 19:00 | |
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South Korean Cabinet Excludes Sale and Brokerage Of Digital Assets From Venture Business Classification
South Korean Government Will Exclude Sale and Brokerage Of Digital Assets From Venture Business Now, the South Korean government has decided to exclude digital assets trading companies from venture business classification. дальше »
2018-9-27 22:39 | |
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South Korean Government Pledges to Support Domestic Blockchain Projects
South Korea’s Ministry of Science and Information Communications Technology (ICT) has vowed to increase Government funding and support for the nation’s blockchain companies. According to Business Korea’s article published on September 21, 2018, the Government’s decision to boost support was to assist blockchain startups with current challenges and help drive growth to domestic blockchain industry. дальше »
2018-9-23 23:00 | |
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South Korean’s MSICT Offers Help to Crypto Companies For Accelerating Blockchain Adoption
This Friday the South Korean Ministry of Science and Information Communications Technology (MSICT) promised support to facilitate the growth of the domestic blockchain industry. Min Won-ki, the Minister of Science held a meeting with blockchain startups as part of the government’s effort to establish contact with organizations in what it has dubbed the 10 key […] дальше »
2018-9-22 18:00 | |
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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin
Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP). дальше »
2018-9-19 00:42 | |
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OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud
The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin. дальше »
2018-9-12 23:42 | |
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Limited Services In Korean Banks For Crypto Investors
Seven months ago, the government in Korea brought in a new ‘crypto real-name system’ however, there is only up to 50% of accounts that have been converted into real-name ones, even in the top four cryptocurrency exchanges for Korea. дальше »
2018-9-11 13:00 | |
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Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification
South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local […] The post Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification appeared first on Bitcoin News. дальше »
2018-9-11 10:35 | |
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Australia: NSW State Government Launches a Blockchain-Based System for Digital Driver Licences
The Australian New South Wales Government will roll out the second trial for their blockchain-based digital driver license system in Sydney’s Eastern Beaches in November 2018. According to a ZDNet report released on September 10, 2018, over 140,000 residents in the area will be able to exchange their plastic driver’s license for a blockchain-based digital smartphone-rendered copy from the Service NSW mobile...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-9-11 01:00 | |
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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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South Korea Begins Training Citizens to Lead its Distributed Ledger Technology (DLT) Ecosystem
South Korean authorities are collaborating with the Walton Blockchain Research Institute to make 42 people proficient in Blockchain technology and get immediate employment in the country, as first reported by local news source Kinews on August 3, 2018. дальше »
2018-9-5 15:00 | |
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South Korea to Double Blockchain Trials in Public Sector Next Year
The South Korean government is literally doubling down on its efforts to trial blockchain in the public sector for 2019. дальше »
2018-9-4 12:03 | |
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South Korean Lawmaker Proposes Special Crypto Zone for ICOs
A South Korean lawmaker has reportedly proposed designating a regulation-free special cryptocurrency zone aimed at initial coin offerings. It has been about a year since token sales were banned in the country but the government has yet to introduce any guidelines for them. дальше »
2018-9-2 12:42 | |
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Korean Lawmaker Stresses the Importance of a Cryptocurrency Special Zone for ICOs
It’s almost been a year since the South Korean Government enacted their blanket ban on initial coin offerings (ICOs). Business Korea reported that during 2017 to 2018, there had been many conflicting policies concerning the promotion of blockchain technology and the banning of ICOs. дальше »
2018-8-31 14:00 | |
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Korea’s Major Crypto Exchange Bithumb Resumes Registration. Partners With NH Bank
Hankyung, a mainstream media outlet in South Korea, has reported that Bithumb, the country’s second largest crypto exchange, will officially resume new user registrations on September 1. Bithumb has disallowed new registrations for traders in South Korea since January of 2018, following the encouragement of the government to establish formal agreements between cryptocurrency trading platforms. дальше »
2018-9-1 13:56 | |
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Korean Lawmaker is ‘Upset to See South Korea Prohibit ICOs’
This week, South Korean lawmakers observed the government’s confusing stance on distributed ledger applications, with blockchain technology promoted across the board and ICO projects facing strict crackdowns. дальше »
2018-8-31 12:00 | |
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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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Chinese Government Continues Cryptocurrency Suppression
China has a population that is becoming increasingly interested in Bitcoin and other cryptocurrencies; but, its government has also been ratcheting up efforts to suppress the growth of digital assets amongst the country’s people. дальше »
2018-8-25 12:12 | |
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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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China Escalates Cryptocurrency Ban Blocking 124 Offshore Exchanges
China will shortly block access to over one hundred international cryptocurrency exchanges and other platforms as the government’s crackdown escalates, local news media report August 23. Beijing On Crypto: We’ll Continue To Ban Everything According to the South China Morning Post quoting Chinese language resource Shanghai Securities News, lawmakers will shut down availability of 124 “websites operated by offshore cryptocurrency exchanges that provide trading services to citizens on the mainland. дальше »
2018-8-23 19:00 | |
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China Continues Crackdown: No Hotels, Malls, Offices Used as Crypto Venues
Zheping Huang, reporter for South China Morning Post, claims to have verified authenticity of online documents urging further crackdowns by the Chinese government as they relate to cryptocurrency. дальше »
2018-8-23 12:05 | |
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