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Bithumb Crypto Exchange Faces Bank Freeze and Halts New Accounts
Emerging cryptocurrency regulations are putting greater scrutiny on exchanges and companies worldwide. Starting August 1, 2018, Korean cryptocurrency exchange Bithumb will no longer issue new virtual accounts due to the failure to renew a banking contract. дальше »
2018-8-2 16:00 | |
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Bithumb to stop issuing virtual accounts, cites non-renewal of bank contract as reason
According to investment banking industry sources, cryptocurrency exchange platform Bithumb has decided to stop issuing new virtual accounts after 1st August. The acclaimed exchange platform, considered as one of the four biggest in South Korea, failed to renew their contract with Shinhan Bank after it got annulled. Soon after this, the exchange decided to apply […] дальше »
2018-8-2 15:47 | |
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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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Bithumb looses bank support and halts new virtual accounts registration
South Korean cryptocurrency exchange Bithumb failed to renew its contract with the bank to service customers' accounts. Under current legislation, the exchange no longer has the right to open new accounts. дальше »
2018-8-2 22:55 | |
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Bithumb Cryptocurrency Exchange Suspends Creation Of New Accounts
One of South Korea’s "big four" digital asset exchanges will no longer allow for the creation of new real-name virtual accounts, due to its failure to sign a contract with a partner bank.
дальше »2018-8-2 21:51 | |
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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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SAFCoin ICO: Exclusive South African Cryptocurrency And Wallet?
What Is SAFCoin? FHM, a blockchain company, recently launched an ICO for the SAFCOIN, a new crypto for South Africa. It aims to make digital coins easy for all in Africa. 500,000 SAFCOIN tokens will be offered to South Africans at the ICO. дальше »
2018-7-29 09:15 | |
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China Leads the way in Government Blockchain Adoption as Xiongan Signs MOU with ConsenSys
The Chinese city of Xiongan is set to become the site of a groundbreaking blockchain deployment program, the first of its kind anywhere in the world. According to the South China Morning Post report on July 23, the new blockchain development and deployment scheme is the product of a new partnership between Xiongan and global blockchain development company, ConsenSys. дальше »
2018-7-27 09:00 | |
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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 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 Mobile Carrier KT Reveals Blockchain Commercial Network
Korea Telecom (KT), South Korea’s second largest mobile carrier, announced on July 24, 2018, their new blockchain commercial network. Fast and Secure Blockchain Implementation The carrier has also allowed users to login via a blockchain ID instead of an IP address, to protect against hackers’ spoofing attempts. дальше »
2018-7-26 20:30 | |
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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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Decentraland and Next Reality Partners to Foster Blockchain Gaming in South Korea
Decentraland (MANA), the first ever virtual platform wholly owned by its users, announced on its official blog that it has joined forces with the South Korean government-sponsored Next Reality Partners Program. дальше »
2018-7-26 12:00 | |
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New Details on China’s Telecom Blockchain Research Group
New details have emerged today regarding the blockchain research group being formed by three of China’s largest telecommunication network operators: China Mobile, China Unicorn, and China Telecom. дальше »
2018-7-25 17:25 | |
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South Korea’s Top Mobile Carrier Announces World’s First Blockchain-Based Commercial Network
A new report from The Korea Herald published today, July 24th, reveals that Korea Telecom (KT), South Korea’s leading mobile carrier, will be the world’s first blockchain-based commercial network. дальше »
2018-7-25 02:10 | |
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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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Xiongan calls in ConsenSys to bring blockchain technology to China, transforming dusty landscape into dream city.
China’s Xiongan New Area government has signed a Memorandum of Understanding (MoU) with ConsenSys to bring blockchain technology to the “smart city,” the South China Morning Post reported July 23. ConsenSys, a blockchain software technology company focusing on Ethereum (ETH) development, has confirmed they will advise the Xiongan government on blockchain and software solutions in дальше »
2018-7-24 19:56 | |
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China’s Xiongan ‘Dream City’ Partners With ConsenSys For Blockchain Innovation
In a report released by the South China Morning Post, ConsenSys has agreed to a partnership with Xiongan New Area. Their partnership should greatly help with the development of blockchain technology projects for a new effort called China’s “Dream City. дальше »
2018-7-24 09:36 | |
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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 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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Orania Forges Ahead With Its Digital Currency Plans
It is not uncommon to see new virtual currencies come to market these days. Given the thousands of altcoins on the market today, it is evident that competition is still heating up. In South Africa, a long-awaited cryptocurrency has finally come to market. дальше »
2018-7-23 16:00 | |
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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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South Korean financial regulator to fit cryptocurrency innovation in its new structure
According to Forbes, the Financial Services Commision [FSC], South Korea’s financial regulatory authority is looking to develop the cryptocurrency and blockchain space. The FSC plans to do this by restructuring itself to accommodate the existence of the Financial Innovation Bureau and to ‘proactively respond to financial innovation in the fourth industrial revolution era’. In a […] дальше »
2018-7-22 06:28 | |
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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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Today:EY buys Crypto patents and Coinbase forms political action committee.
The Daily In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership. According дальше »
2018-7-21 15:23 | |
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The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents
In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership. дальше »
2018-7-21 14:05 | |
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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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South Korea’s Finance Watchdog’s New Crypto Division
South Korea’s Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The FSC said the new department – dubbed the Financial Innovation Bureau – will focus on developing policy-making initiatives for the domestic blockchain and fintech industry, The Korea Times reported on Thursday. The decision to set up the дальше »
2018-7-20 21:30 | |
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Indonesian Crypto POS Maker Pundi X Labs Eyes S Korean Market with New Partnership
Indonesian point-of-sale (POS) terminal maker Pundi X Labs (Pundi X) signed a Memorandum of Understanding with South Korean smart cards maker Ubivelox on Thursday to support the deployment and development of its devices in South Korea, Pundi X said in a statement. дальше »
2018-7-20 13:37 | |
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Start the Malta Stock Exchange, Crypto Exchange, Oxlex Security Tokens Trading Platform
South Korea’s Yeongdeungpo-gu district has established a “Proposal Evaluation System” based on blockchain to improve the fairness and integrity of administrative procedures, according to a July 19 governmental press release. дальше »
2018-7-19 16:55 | |
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Cybersecurity Research: Crypto Exchanges are Easy to Breach With Minimum Effort
In 2018, within a span of two months, the largest crypto exchanges in Japan and South Korea were hacked. A New York-based cyber security firm declared more breaches are yet to come. According to BLAKFX president Robert Statica, crypto exchanges are easier to hack than most online platforms, especially for experienced hackers. дальше »
2018-7-19 10:00 | |
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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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Virgin Orbit will launch the first-ever flights to space from British soil
In a new partnership, Virgin Orbit and Cornwall Airport Newquay in South West England will be setting up a spaceport that offers rocket launches and passenger airline services side by side. This partnership could see Virgin Orbit launch its first ever rocket from a plane instead of a terrestrial launchpad in the UK. дальше »
2018-7-17 10:47 | |
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GoBlock: Top Chinese Board Game ‘Go’ Player & The Blockchain Inc. Create New Gaming Reward System
Centuries Old Board Game To Be Overhauled Through Blockchain The internationally renowned player of the Chinese board game Go, Lee Sedol, is currently making efforts to have his cherished game revamped through blockchain. дальше »
2018-7-17 23:00 | |
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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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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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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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Former Macau Triad Gangster’s ICO Raises $750 Million in Five Minutes for Cryptocurrency-Backed Poker Tournaments in China
Former Macau Triad Gangster, Wan Kuok-koi, is reported to have raised $750 million in less than five minutes from an ICO for his new HB cryptocurrency. According to the South China Morning Post, Wan, also known as “Broken Tooth”, has partnered with a mysterious Beijing firm called Zhonggongxin Cosmos Internet Technology Limited to create a cryptocurrency designed to […] дальше »
2018-7-15 05:09 | |
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Former Macau Triad Gangster’s ICO Raises $750 Million in Five Minutes for Cryptocurrency-Backed Poker Tournaments in China
Former Macau Triad Gangster, Wan Kuok-koi, is reported to have raised $750 million in less than five minutes from an ICO for his new HB cryptocurrency. According to the South China Morning Post, Wan, also known as “Broken Tooth”, has partnered with a mysterious Beijing firm called Zhonggongxin Cosmos Internet Technology Limited to create a cryptocurrency designed to… The post Former Macau Triad Gangster’s ICO Raises $750 Million in Five Minutes for Cryptocurrency-Backed Poker Tournaments in China appeared first on UNHASHED. дальше »
2018-7-15 23:51 | |
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BitMOR: South Dakota’s Bitcoin Mining Business To Sell Crypto Equipment
As reported by Argus Leader, BitMOR sells equipment and services for crypto mining activities. BitMOR is a new cryptocurrency mining company that sells mining equipment to interested individuals and companies in the region (South Dakota). дальше »
2018-7-14 19:00 | |
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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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Promoted: Ushering in a New Future — Cryptocurrency Investing With Invictus
The Bitcoin movement has brought with it a tidal wave of activity in cryptocurrency investments and trading. As a result, crypto market capitalization soared to an all-time high of around $820 billion in early January of 2018. дальше »
2018-7-13 17:51 | |
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