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Seven Top Crypto Exchanges Link Up To Create A Healthy Crypto Ecosystem In South Korea
Seven Major Crypto Exchanges Team Up To Improve The Crypto Ecosystem In South Korea Cryptocurrencies are blossoming in South Korea. The environment for the industry is getting better and better and now seven companies have teamed up to join efforts in order to enhance the crypto ecosystem in the country. The local media has affirmed […] дальше »
2018-12-13 02:10 | |
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7 Major Exchanges Join Forces to Enhance the Cryto Ecosystem in South Korea
South Korea took another giant step forward in regulating cryptocurrencies as seven major exchanges have joined forces to enhance the cryptocurrency ecosystem in the country. According to local media, representatives of the seven major exchanges met at a parliamentary policy debate on cryptocurrencies that was held this past Monday. дальше »
2018-12-13 20:53 | |
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7 Major Exchanges in Korea Agree on Joint Measures
Seven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions. дальше »
2018-12-12 09:45 | |
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National Assembly of South Korea has held crypto regulation debate with local crypto exchanges
The National Assembly of South Korea has held a crypto regulation debate arranged by major local cryptocurrency exchanges, Cointelegraph reported. The topics of the debate were proposed by seven crypto exchanges – Bithumb, CobitCoin, Coinone, Upbit, Gopax, Coinplug and Hanbitco. дальше »
2018-12-11 13:03 | |
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Report: South Korea to Push for Major Adoption of Cryptocurrencies
South Korea will push for major cryptocurrency adoption, claims a new report, strengthening the spotlight on the tech hub which forms one of the most crypto-friendly countries in the world. Also read: Korean Incoming Minister Confirms Crypto Taxation Plans South Korea’s Enthusiasm for Tech As one of the most innovative countries in the world, it’s no […] The post Report: South Korea to Push for Major Adoption of Cryptocurrencies appeared first on Bitcoin News. дальше »
2018-12-9 01:35 | |
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South Korea’s FSS Watchdog Warns 2 Banks for Lack of Crypto Trading AML Regulation Management
As South Korea has come in to the cryptocurrency market, they have been fairly strict about the regulations that exchanges and investors must adhere to. However, as the Financial Supervisory Service (FSS) has reviewed the local financial institutions, they have found that two major domestic banks are not doing their part in anti-money laundering (AML) […] дальше »
2018-12-5 03:28 | |
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Korea’s SymVerse Looks to Speed Up Blockchains, Enabling Seamless Transactions
When Bitcoin was first introduced as an alternative to the current banking setup, it was understood that many modifications and updates would be needed to make this idea a workable reality. In the decade since its inception, various issues have been identified and worked on. дальше »
2018-12-3 05:56 | |
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Brief AWS Outage Highlights Key Weaknesses of Some South Korean Crypto Exchanges
Centralization in the cryptocurrency has been an ongoing struggle over the past few years. This issue has become apparent in the mining department, but also on the exchange side of things. A recent brief AWS outage in South Korea caused major problems for a lot of domestic trading platforms. дальше »
2018-11-23 10:31 | |
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‘Asia’s Amazon’ Starts Using Bithumb’s Payment Service for Cryptocurrency Users
One of South Korea’s largest cryptocurrency exchanges, Bithumb, has begun providing a cryptocurrency payment service to a major online marketplace it refers to as “Asia’s Amazon. ” Korean users can use their cryptocurrencies held at the exchange to pay for purchases on Qoo10 using this service. дальше »
2018-11-10 04:35 | |
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Why South Korea’s Biggest Game Developer Acquired Crypto Exchange Bitstamp
NXMH, the subsidiary of NXC, the $10 billion parent company of game development firm Nexon, acquired major crypto exchange Bitstamp. Based in Belgium, NXMH is a Brussels-based investment firm which has made several high profile acquisitions of European corporations throughout the past five years including Stokke, a Norwegian firm that manufactures baby strollers that penetrated into […] The post Why South Korea’s Biggest Game Developer Acquired Crypto Exchange Bitstamp appeared first on CryptoSlate. дальше »
2018-10-29 14:46 | |
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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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Poloniex Revised Terms of Use, Shutters Services in Several Countries
With a revision to the popular exchange’s terms of use, users from a handful of jurisdictions will have their access to Poloniex shuttered. According to an October 18, 2018, update, “the websites and the services offered by Poloniex (as defined below) are NOT addressed to persons who have their registered office or place of residence in China, Germany, Pakistan, the U. дальше »
2018-10-26 22:46 | |
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Superstar plastic surgeon buys major South Korean cryptocurrency exchange
Just weeks before regulators decide the fate of domestic initial coin offerings (ICOs), one of South Korea’s largest cryptocurrency exchanges is changing hands. A consortium led by a superstar plastic surgeon has just bought a controlling stake in Bithumb for $353 million. дальше »
2018-10-12 13:54 | |
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Huge User-base South Korean Startups Flock to The Blockchain
Some of the largest startups in South Korea with over 10 million users are turning to the blockchain. “Baedal Minjik,” a food delivery startup whose annual revenue surged 80 percent last year, and “Joonggonara,” a major used goods marketplace in South Korea, have shown interests in integrating the digital ledger technology. дальше »
2018-10-11 15:00 | |
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Ripple (XRP) Defends 5 Week EMA Amid No Signs Of A Slow Down
Chart for XRP/BTC (1W) Ripple (XRP) has defended its 5 Week EMA. This is a clear message to all the critics out there calling Ripple (XRP)’s rally a pump and dump. RSI for the above weekly chart for XRP/BTC does seem to have neared the overbought range. дальше »
2018-10-9 18:30 | |
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3 Major South Korean Crypto Exchange Hacks to Date
South Korea plays an important role in the cryptocurrency world. Ever since China lost its dominant position, South Korea has become of the Asia’s biggest Bitcoin and altcoin trading hubs. That success comes with potential issues, as numerous exchanges have been hacked in the process. дальше »
2018-10-8 20:00 | |
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Major US Crypto Exchange Gemini to Expand to UK, Improvement For Europe
For many years, the crypto exchange market of Europe has lagged behind the US, Japan, and South Korea in terms of infrastructure, regulation, security, and liquidity. According to FT, two sources close to Gemini have stated that the major US-based crypto exchange has hired advisers to consult the company in the process of expanding into. дальше »
2018-9-24 11:06 | |
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Cardano’s Charles hoskinson Believes Ethereum Classic [ETC] will Grow to beat major Cryptos in the Nearest Future
Ethereum co-founder and creator of Cardano Charles Hoskinson has expressed hope that Ethereum Classic has a bright future, saying it reminds him of the starting days of Bitcoin. Charles who is also the CEO of Input Output (IOHK) mentioned this at the 2018 Ethereum Classic Summit in Seoul, South Korea. дальше »
2018-9-21 21:49 | |
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Upbit Developer Conference Opens in Jeju Island, Dunamu Chairman Makes Welcome Remarks
South Korea’s Jeju Island was painted red by a global community of blockchain enthusiasts on Thursday, Sept. 13, as the inaugural Upbit Developer Conference 2018 (UDC 2018) started off with a bang. дальше »
2018-9-15 19:29 | |
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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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South Korea: Trading Volume Soars as Bithumb Reopens to New Customers
Major South Korean cryptocurrency exchange Bithumb has announced it will resume accepting new user accounts after resolving a dispute with its banking partner. Month-Long Impasse Ends As local news media outlet Yonhap reports August 29, Bithumb has come to an agreement with Nonghyup Bank, which in July stopped serving it, reportedly due to the exchange’s recent hack in which it lost over $30 million. дальше »
2018-8-29 16:00 | |
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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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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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The Daily: Cars and Pizzas for Crypto in Russia, Crypto Valley in South Korea
The wide adoption of cryptocurrencies in Russia has been put on hold after the State Duma postponed the final reading of three crypto bills for its fall session. Nevertheless, Russian companies are already planning to introduce crypto payments as soon as the regulations are in place. дальше »
2018-8-4 15:05 | |
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Bithumb Resumes Deposits, Influx of Capital Expected
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling victim to a major security […] дальше »
2018-8-3 10:06 | |
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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 Bitcoin Transactions Major Line Benefits to End Benefits
Taxes The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. дальше »
2018-8-1 11:31 | |
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South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges
The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. дальше »
2018-8-1 09:55 | |
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South Korea’s amended tax system does not offer any major benefit to Crypto transactions
Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. On Monday, the South Korean government proposed some changes to the existing law structure. дальше »
2018-7-30 19:05 | |
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South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges
Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. The post South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges appeared first on CoinSpeaker. дальше »
2018-7-30 17:12 | |
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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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In 1 Year, Samsung Has Gone from Bitcoin Miner Manufacturer to Accepting Crypto
Samsung, the $290 billion electronics giant, has started to accept crypto in its stores in the Baltic region as an alternative to fiat money on July 21, 2018. Heavily Involved in Crypto In South Korea, Samsung remains as the dominant conglomerate in virtually every major industry including insurance, real estate, construction, shipbuilding, automotive manufacturing, and finance. дальше »
2018-7-25 21:00 | |
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South Korea’s Crypto Regulation Overhaul: New Bureau, Agreement With China
Regulation South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. In addition, an agreement with Chinese authorities relating to crypto and initial coin offerings has also been reached. дальше »
2018-7-23 07:51 | |
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South Korea’s Crypto Regulation Shakeup: New Bureau, Agreement With China
South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. A bureau dedicated to financial innovations that include cryptocurrencies is being set up. дальше »
2018-7-23 06:45 | |
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Cryptocurrency division has been created by South Korea’s financial service commission
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 17:21 | |
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South Korea’s Financial Services Commission Announces Creation of Cryptocurrency Division
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 14:00 | |
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Blue Whale Foundation – Utilizing Blockchain to Power Smart Cities And Champion the World’s Next Major Manpower Shift, The Sharing Economy
South Korea, 17 June 2018 – Fresh from closing USD 22million in its initial coin offering (ICO) sale, Blue Whale Foundation (the blockchain platform building the world’s largest worker-centric decentralized ecosystem for the self-employed) will champion the “Trends in Blockchain and the Future of the Sharing Economy 2018” Conference in Seoul, Korea on 23 July […] The post Blue Whale Foundation – Utilizing Blockchain to Power Smart Cities And Champion the World’s Next Major Manpower Shift, The Sharing Economy appeared first on Ethereum World News. дальше »
2018-7-17 14:03 | |
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South Korea’s Bithumb to Open New Offices in Japan and Thailand
Bithumb, one of South Korea’s major cryptocurrency exchanges, is expanding its geography to Thailand and Japan. The post South Korea’s Bithumb to Open New Offices in Japan and Thailand appeared first on CoinSpeaker. дальше »
2018-7-17 11:03 | |
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What is the Real Probability of a Bitcoin ETF?
In major crypto markets such as Japan and South Korea, investors are highly anticipating the approval of a bitcoin exchange-traded fund (ETF) by the end of August 2018. The post What is the Real Probability of a Bitcoin ETF? appeared first on CryptoSlate. дальше »
2018-7-16 14:00 | |
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Major Korean Exchange Bithumb Expanding into Japan and Thailand
One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. The exchange is working on obtaining regulatory approval from the financial regulators of both countries. дальше »
2018-7-16 03:40 | |
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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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Following the approval of 12 out of 12 Crypto Exchanges, South Korea Blockchain Association under fire
Over two months ago, the Korea Blockchain Association (KBA) decided to initiate self-inspections into cryptocurrency industry striving to insure the digital exchanges operating in South Korea had safeguards to check themselves from potential issues such as cyber-attacks and malicious activities. дальше »
2018-7-14 00:11 | |
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The main Korean logistics company connects Blackhawe to Lotte Transport Alliance
South Korea’s Lotte Global Logistics, a major Seoul-headquartered logistics and shipping firm, has joined the Blockchain in Transport Alliance (BiTA), FreightWaves reported Monday, July 9. The BiTA trade association was formed in 2017 to popularize and develop blockchain applications in the transport and logistics industries, as well as to establish industry standards for adoption of дальше »
2018-7-11 17:13 | |
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South Korea is Drafting New Blockchain Industry Classification Standards
South Korea Announces New Classification Standards for The Blockchain Industry and Legitimizes It It seems like the battle for legitimacy that the blockchain and cryptocurrency industry is facing in South Korea seems to be near its end. дальше »
2018-7-5 23:18 | |
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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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Biggest Mileage System in Korea OKCashBag With 35 Million Users Will Use Cryptocurrency
OKCashBag, the biggest mileage and membership system in South Korea operated by SK – the country’s largest telecommunications conglomerate– is preparing to integrate major digital assets to incentivize users with cryptocurrency. дальше »
2018-7-3 18:00 | |
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What Koreas Crypto scene is saying
At the time, the popular South Korean cryptocurrency exchange tentatively announced a “cyber intrusion” that saw the loss of $40 million worth of cryptocurrencies. If that wasn’t enough, on June 20, Bithumb – South Korea’s largest by trade volume – also announced a major security breach in which $31 million was reported to be lost. No strangers to дальше »
2018-6-27 00:48 | |
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