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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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Chinese Government Cracks Down On Crypto-Related WeChat Accounts
WeChat Users Bid Farewell To Crypto News Outlets While China has been a ‘crypto hub’ for the better part of a decade, a recent set of announcements seems to show that the local government has changed its stance to be aversive to any operations related to crypto. дальше »
2018-8-23 07:37 | |
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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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South Korea Invests $4.4 Billion in Blockchain Technology
Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to “nurture” eight growing sectors of the domestic economy–including blockchain technology. дальше »
2018-8-18 10:00 | |
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Exchanges Protest as Korea Removes Crypto Businesses from Tax Reduction Bill
Local crypto exchanges and blockchain-related non-profit associations have started to formally protest against the government of South Korea for its controversial decision to remove cryptocurrency businesses from its tax reduction bill. дальше »
2018-8-14 04:00 | |
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Bitcoin at a Premium in Brazil, Why?
Bitcoin is slightly down again today to $6,400, but a number of hot-spots are apparently developing across the world as told by local premiums. We recently wrote about South Africa... The post Bitcoin at a Premium in Brazil, Why? appeared first on Trustnodes. дальше »
2018-8-10 18:42 | |
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Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT
In recent news pertaining to cryptocurrency exchanges, it has been reported that Goldman Sachs is considering exploring custody and other services pertaining to cryptocurrencies; a South African exchange has introduced Tether pairings in the hopes of driving down the local premium on crypto prices through offering arbitrage opportunities to foreign traders; and Blockex has announced […] The post Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT appeared first on Bitcoin News. дальше »
2018-8-9 08:25 | |
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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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Korea’s Macrogen Joins Forces with Bigster to Create Blockchain-based Medical Data Platform
South Korea biotechnology company Macrogen, stated in their press release on Monday, August 6, 2018, that they will join forces with Bigstor, a local data company to create a blockchain-based medical genome data distribution platform. дальше »
2018-8-8 16:00 | |
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‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help
South Korean police have asked Interpol for help with an investigation into the fraudulent token sale of Shinil Gold Coins that were claimed to be backed by the “treasure” on the sunken Dmitrii Donskoi. дальше »
2018-8-6 16:25 | |
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South Korean Shipwreck Probed for Potential ICO Scam
A possible ICO scam is under investigation in South Korea after a much-publicized shipwreck attracted the suspicions of local authorities. Sunken Treasures As reported by local outlet Korea Joongang Daily on August 1, 2018, Seoul-based Shinil Group is facing the heat as a critical figure in the scam. дальше »
2018-8-2 22:00 | |
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South Korea: “Kimchi Premium” Causes Digital Assets to Trade at 600 Percent Premium
Throughout this week, many tokens including 0x (ZRX), Ethos (BQX), ICON (ICX), and Aeternity (AE) have been traded in South Korea with 300 to 600 percent premium rates. As of August 1, 2018, Ethos on Bithumb, a major crypto exchange in the local market of South Korea, is being traded at $5. дальше »
2018-8-2 11:00 | |
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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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Some Cryptos Trading 500% Higher on Bithumb, Market Manipulation Woes
Bithumb traders have recently experienced an abnormal surge in the price of some crypto, with tokens like Ethos trading six times over its average value only on the South Korean exchange. Many traders began to attribute these ludicrous prices to the Kimchi Premium, which local cryptocurrency traders have grown accustomed to over the most recent months. дальше »
2018-7-30 08:04 | |
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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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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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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 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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Unconfirmed: Binance to enter South Korean Market – A new dawn set to rise?
While the whole market is rejoicing the cryptocurrency bull run, Binance, one of the biggest cryptocurrency exchange platform is all set to enter the South Korean market. The news is reported by a local news portal, Korea Business but has not been confirmed by Binance. дальше »
2018-7-25 22:50 | |
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Binance Crypto Exchange Rumors Surface of South Korean Expansion
Binance Plans To Enter South Korean Market Binance, one of the largest cryptocurrency exchange platforms, is ready to enter the South Korean market. The news is reported by a local news portal, Korea Business, but has not been confirmed by Binance. дальше »
2018-7-24 20:56 | |
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Binance Plans to Enter South Korea
Binance, the world’s largest cryptocurrency exchange by trading volume, is purportedly about to enter the South Korean market. Binance Expanding to South Korea The world’s most popular cryptocurrency exchange is supposedly planning to continue its expansion by entering the South Korean market, according to Business Korea. дальше »
2018-7-24 17:30 | |
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Korean Blockchain Association Gives 12 Local Cryptocurrency Exchanges Clean Bill of Health, Insurance on the Horizon
In a bid to improve the security level and general standards of cryptocurrency exchanges in South Korea, after a series of hacks and heists rattled the local cryptospace, the Korean Blockchain Association (KBA) formulated a set of stringent guidelines that would govern exchanges and crypto-related projects in the state. дальше »
2018-7-17 20:00 | |
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South Africa’s Purple Group Adds Bitcoin and Ethereum to Trading Platform For Investors
Purple Group is a financial company that is located in South Africa, offering a trading platform online. In a recent announcement, they have decided to integrate the use of Bitcoin and Ethereum, in an effort to appease to their local investors. дальше »
2018-7-17 01:19 | |
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Despite Crackdown, Ex-Chinese Mafia Raises $750 Million via Mysterious ICO
Despite China’s widespread crackdown on the burgeoning cryptocurrency sector, an influential, organized crime syndicate member seemingly circumvented strict regulations to issue digital tokens– which local reports estimate raised $750 million “in less than five minutes. дальше »
2018-7-16 20:00 | |
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Bithumb Bounces Back With Expansion Plans in Japan and Thailand
Local media recently reported that Bithumb, one of South Korea’s most prominent exchanges, has announced plans to make a move on the Japanese and Thai markets. Korea-Based Exchange Eyes New Markets In an exclusive with ZDNet Korea, Bithumb has announced that it plans to open operations in Japan and Thailand after receiving the required regulatory approval. дальше »
2018-7-16 13:30 | |
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No.2 Korean Exchange Bithumb Enters Into The Japanese And Thai Market.
Exchanges One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. Japan Confirms Entrance Into the Crypto Space Expanding into Thailand Bithumb is currently working on obtaining regulatory approval from the Thai Securities and Exchange Commission (SEC), local media reported Friday. дальше »
2018-7-16 04:46 | |
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South Korean Regulators to Introduce New Cryptocurrency-Related Proposals This Month
A lot of things are changing in South Korea’s cryptocurrency ecosystem. With all major exchanges adhering to self-regulation, the government has bought additional time prior to introducing official guidelines. дальше »
2018-7-14 19:00 | |
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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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Bitcoin Mining Made Accessible with BitMOR
According to Argus Leader, a local South Dakota news site, BitMOR is a new cryptocurrency mining company that sells mining equipment and service to locals interested in mining cryptocurrencies. BitMOR is considered one of the first cryptocurrency mining businesses located in South Dakota. дальше »
2018-7-13 18:00 | |
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New China Internet Report Explores State of Blockchain Industry
China wants to be a frontrunner in blockchain technology with local governments ramping up blockchain projects, and yet, the government still maintains a strict stance on cryptocurrencies, highlights a new report by Abacus, 500 Startups, and the South China Morning Post. дальше »
2018-7-12 22:54 | |
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South Korean Central Banks Own Nearly $2 Billion Worth In Crypto Assets Portfolio
It seems that the adaption for banks to be more accepting of cryptocurrency has taken their regulations a step further, joining in on these investments themselves. The central bank of South Korea has recently found success, reporting that local commercial banks had won $1. дальше »
2018-7-9 10:44 | |
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Bank of Korea: Crypto Has Low Risk to Local Finance MArket
According to South Korean central bank the Bank of Korea (BOK), the outstanding balance of virtual currency accounts in domestic banks totalled $1. 79 billion as of Dec. 2017, local news outlet Yonhap reported Friday, July 5. дальше »
2018-7-9 01:49 | |
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Korea Will Fuel the Development of dApps and Base Blockchain Layers Like Ethereum, EOS and NEO
Local publications reported that the government of South Korea finalized plans to legitimize the cryptocurrency exchange market and the blockchain sector with a newly created regulatory framework. дальше »
2018-7-7 23:00 | |
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South Korea legitimizes Blackheine business with major new classification standards
The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. The scheme will reportedly serve as a basis for policy making, notably aimed towards “blockchain promotion and regulatory frameworks,” and covers areas including blockchain systems construction, decentralized applications (DApps) дальше »
2018-7-5 19:23 | |
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Cryptocurrency Exchanges Are Officially Recognized By South Korea
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. Increasing Official Status The move marks a further step forward in South Korea’s increasing legitimization of cryptocurrency. дальше »
2018-7-5 17:51 | |
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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. дальше »
2018-7-5 15:00 | |
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South Korea Thinks Real-Name System is Working – Stepping Up Crypto Monitoring
South Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country. дальше »
2018-6-29 16:55 | |
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Its Stance on Crypto To Become Blockchain Haven South Korea Reviews
Brief history of crypto regulation in South Korea South Korea has been closely regulating the crypto industry. The demand for crypto was so high that cryptocurrencies were traded at prices more than 30 percent higher than in other countries. дальше »
2018-6-29 16:34 | |
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Korean gaming giant chairman thinks blockchain will be used in the future
The chairman of Netmarble, one of the largest South Korean gaming companies, believes that blockchain technology will soon be applied across all industries, local news outlet EDaily reports June 20. Netmarble reported revenue of 1. дальше »
2018-6-21 23:32 | |
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South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack
Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice. дальше »
2018-6-20 20:25 | |
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