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4 of South Korea’s Largest Banks to Provide Cryptocurrency Services
Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. дальше »
2020-8-16 13:15 | |
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South Korea: Major Banks to Start Offering Crypto Custodial Services
Leading South Korean lenders are now putting preparation in top gear to roll out custodial services for bitcoin and other digital assets. The move follows the government’s recently amended Special Financial Transactions Information Act, according to a report by local news platform, MTN on August 13, 2020. дальше »
2020-8-15 15:00 | |
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South Korea’s Largest Bank Unveils Bitcoin Custody Services
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with the Korean Intellectual Property Office. дальше »
2020-8-9 06:30 | |
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South Korean Beachgoers Can Now Use Bitcoin to Pay for Services
The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime. дальше »
2020-8-9 04:00 | |
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Chainlink (LINK) taps South Korea’s biggest banks to bolster forex and DeFi
Financial market data from South Korean banks will now feature on Chainlink’s decentralized oracles services, as announced at an event in Seoul on Friday. The post Chainlink (LINK) taps South Korea’s biggest banks to bolster forex and DeFi appeared first on CryptoSlate. дальше »
2020-7-26 09:00 | |
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ICON taps Band Protocol oracles to bolster dApps in South Korea
One of the biggest South Korean cryptocurrency projects will now feature oracles services from a cross-chain data platform. The post ICON taps Band Protocol oracles to bolster dApps in South Korea appeared first on CryptoSlate. дальше »
2020-7-23 23:24 | |
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South Korean Cryptocurrency COST COIN + Lists on ProBit Exchange with an Eye on International Adoption
Cost Coin + (AKM) has announced a KRW market listing on global cryptocurrency platform ProBit Exchange, where trading is available as of June 10, 2020, at 17:00 KST. COST COIN+ is a global blockchain project that connects services in travel, resort, and lifestyle. дальше »
2020-6-25 17:31 | |
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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose. дальше »
2020-5-19 01:30 | |
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South Korea: Unlisted Stock Trading Platform “Be My Unicorn” Taps Blockchain for Trading Efficiency
South Korean financial services startups including Koscom, are now leveraging the immutability property of distributed ledger technology (DLT) to curb forgery in the trading of unlisted stocks, while also boosting the efficiency of the platforms, reports BusinessKorea May 11, 2020. дальше »
2020-5-12 19:00 | |
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South Korea: Revised crypto-guidance to encourage budding projects, entrepreneurs
The crypto-scene in Asia, at the moment, is not very pretty. While BitMEX Japan shut down operations recently owing to the newly amended crypto-regulations as per the Japan Payment Services Act, SouthThe post South Korea: Revised crypto-guidance to encourage budding projects, entrepreneurs appeared first on AMBCrypto. дальше »
2020-5-2 16:00 | |
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Bithumb Global Launches 5X Margin Trading For BTC and ETH Paired With USDT
South Korea’s biggest crypto exchange platform Bithumb has announced the introduction of leverage trading for both Bitcoin as well as Ether (ETH) on the global platform, Cointelegraph reports. According to the exchange, the move was necessitated by a sudden increase in demand for crypto services owing to the ongoing global lock down. However, the new […] дальше »
2020-4-8 21:06 | |
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Samsung-Affiliated Klaytn Blockchain Briefly Prevented from Generating Blocks
Klaytn, a South Korean service-centric blockchain platform, suffered a brief issue with unstable communication among consensus nodes on Sunday that led to block generation being halted. Klaytn is a blockchain project that belongs to Kakao, the South Korean social messaging giant that has also expanded into gaming, mobile banking, and other services. дальше »
2020-3-31 17:10 | |
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Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation
Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on its application. дальше »
2020-3-28 11:30 | |
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South Korea’s UPbit, Bithumb Reveal Substantial Drop in Trading Volumes In Last 2 Years
Top South Korean crypto exchange platforms, Upbit and Bithumb, have witnessed a massive decrease in their trading volumes of 70% and 63% respectively compared to their 2018 results, Decrypt reports. According to Financial Supervisory Services (FSS), Dunamu, which is Upbit’s parent company, saw its annual profits decrease by 93% to approximately $7.4 million. The nosedive […] дальше »
2020-3-24 22:04 | |
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With Ripple, Coinone Transfer Expands Quickly in Newly Opened Korean Remittance Market
Coinone Transfer is a blockchain-based financial services company in South Korea leveraging Ripple’s global network, real-time transfer capabilities and transparent transaction features to achieve hypergrowth in the newly opened Korean remittance market. дальше »
2020-3-6 22:00 | |
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Bithumb Signs MoU With BitMax To Expand Cryptocurrency Services In The Global Market
South Korean cryptocurrency exchange, Bithumb enters into a strategic partnership with BitMax, a Singapore based exchange founded in 2018. According to the official announcement, the partnership aims to boost the development of blockchain and crypto solution across the industry with a key focus on liquidity on exchanges. дальше »
2020-2-18 16:51 | |
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Binance Crypto Exchange Formally Applies for Singaporean Crypto License
Binance cryptocurrency exchange has formally applied for a license that will enable it to operate in Singapore as a bitcoin (BTC) trading venue and crypto exchange in the region, in accordance with the recently implemented Payment Services Act (PSA), according to a South China Morning Post report on February 17, 2020. дальше »
2020-2-17 12:30 | |
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Ledger Partners With FLETA to Provide Crypto Custodian Services For DApps
Ledger closed a partnership with FLETA, which is a blockchain platform for decentralized applications (dapps) based in South Korea, to offer custodian services that comply with the local laws. Ledger has created Ledger Vault in an attempt to offer its institutional-lever services to more clients. дальше »
2020-1-23 20:36 | |
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Upbit Crypto Exchange Reopens Ethereum (ETH) Wallet Services After $49 Million Hack
Upbit, one of the major crypto exchanges in South Korea, has restarted Ethereum (ETH) wallet services almost 2 months after being attacked by hackers for $49 million ETH. It has been officially made public that after an enhancement to its wallet security structure, Upbit is supporting deposits and withdrawals in ETH again. In a tweet from […] дальше »
2020-1-15 01:10 | |
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Ethereum deposit, withdrawal support re-opened by Upbit after November hack
South Korea-based cryptocurrency exchange, Upbit, recently announced the re-opening of deposits and withdrawals for Ethereum on the platform. These services had been closed for a long time following aThe post Ethereum deposit, withdrawal support re-opened by Upbit after November hack appeared first on AMBCrypto. дальше »
2020-1-14 17:30 | |
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Samsung SDS and Syniverse Launch Blockchain-based Mobile Payments System
Samsung SDS, the ICT arm of South Korean electronics company Samsung Group, and Syniverse, a telecommunication services company, have collaborated to develop a blockchain-based platform to enable seamless mobile payments between mobile carriers and enterprises, according to a Ledger Insights report on January 10, 2020. дальше »
2020-1-11 10:00 | |
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South Korea: Crypto Exchange Bithumb Establishes Blockchain R&D Center
Leading South Korean cryptocurrency exchange platform Bithumb has set up a research center to boost its blockchain-based offerings and services, the exchange announced in a blog post, January 7, 2020. дальше »
2020-1-8 22:00 | |
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Sweden Joins China and Others in Central Bank Crypto Race
It seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll out the crypto krona gather pace. e-Krona Pilot Partnership Sweden’s central bank is poised to sign a deal with multinational professional services company Accenture to begin pilot testing its CBDC, the e-krona. дальше »
2019-12-14 10:51 | |
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DXM, Ledger, Join Forces to Launch Crypto Custody Platform
DXM, the crypto-powered financial services platform owned by Dunamu, the parent firm of Upbit Bitcoin (BTC) trading venue, one of South Korea’s leading exchanges, has partnered with cryptocurrency hardware wallet manufacturer, Ledger, to start offering institutional investors crypto custodial services, according to reports on December 4, 2019. дальше »
2019-12-5 16:00 | |
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DXM And Ledger Vault Launch ‘Upbit Safe’ A Crypto Custody Service For Institutional Investors
DXM, founded in January this year, is the subsidiary of Dunamu, offering cryptocurrency financial services out of South Korea. Dunamu is the majority shareholder of Upbit, a major cryptocurrency exchange in the same country. дальше »
2019-12-5 22:41 | |
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Unregistered Crypto Exchanges Must Register With South Korea’s FSC Or Face Jail Time
The government of South Korea wants all unregistered crypto exchanges in the country to shut down. If they don’t, their owners may go to jail. Recently, lawmakers of the country decided that all exchanges should register with the Financial Services Commission (FSC). дальше »
2019-11-22 00:22 | |
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Major South African Bank Closes Crypto Exchange Bank Accounts
FNB, one of the ‘big five’ South African bank is closing down accounts operated by crypto exchanges in the country. The bank, however, says the emergence of clear-cut cryptocurrency regulations in South Africa may trigger a reversal of the policy. дальше »
2019-11-20 12:29 | |
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Apollo Currency Signs MOU With Nation of Lesotho as Part of Blockchain Initiative
Bitcoin Press Release: Multi-function crypto platform Apollo announces MOU with the nation of Lesotho to improve the private sector, employment, poverty, and education. 16th November 2019, SANDTON, South Africa – All-in-one cryptocurrency platform Apollo Foundation is announcing an MOU with the nation of Lesotho to develop and implement blockchain technology in various government departments and […] The post Apollo Currency Signs MOU With Nation of Lesotho as Part of Blockchain Initiative appeared first on Bitcoin PR Buzz. дальше »
2019-11-16 16:55 | |
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New Wirex Visa Travelcard To Reward Users With 1.5% in Bitcoins on All In-Store Purchases
Crypto and fiat multi-currency accounts provider, Wirex has officially launched its travel Visa card as of Monday, November 11, 2019. Considering the fact that the firm focuses on establishing connections around the world with its services, the new travelcard will first be made present in the Asia-Pacific region, namely, Singapore, Taiwan, Hong Kong, South Korean, […] дальше »
2019-11-12 01:17 | |
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ICON joins Morpheus Labs blockchain services platform
ICON, the South Korean blockchain network, announced that it has now joined with Morpheus Labs, creators of a blockchain platform as a service (BPaaS). The integration with Morpheus Labs will significantly simplify and improve the development process when building on the ICON blockchain. дальше »
2019-10-28 13:38 | |
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An Original Korean Crypto Exchange And Wallet, Coinplug, Sees Renewed Interest From Major Banks
South Korea’s major local bank invested in the country’s earliest bitcoin exchanges, Coinplug. As per information, Coinplug has raised 7. 5 billion Won from KB Investment, a venture arm of KB Financial Group. дальше »
2019-10-25 19:08 | |
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Kakao’s blockchain ecosystem Klaytn onboards 8 new app partners
Kakao’s blockchain ecosystem Klaytn onboards 8 new app partners - CryptoNinjas Klaytn, the blockchain project led by the South Korean Internet giant Kakao, today announced that 8 new blockchain projects have joined Klaytn as service partners. дальше »
2019-10-18 17:03 | |
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Major South Korean KB Kookmin Bank Adopts Blockchain Tech; Anticipating Digital Revolution
As the concept of blockchain becomes more and more widespread, many companies are roping it in to help with their internal processes. The institution stated that blockchain technology offers a multitude of benefits for the financial industry. дальше »
2019-10-8 17:39 | |
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Bithumb Global Announces “Next-Generation” Digital Asset Exchange
Bitcoin Press Release: Leading South Korean digital asset exchange Bithumb announces the ‘Bithumb Global’ 1. 0 exchange version update. 2nd Oct 2019, HONG KONG – Bithumb Global, South Korea’s top digital asset exchange, has announced new upcoming features and initiatives on their recently launched “Bithumb Global” 1. дальше »
2019-10-2 13:20 | |
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South Korea’s Upbit Crypto Exchange Cancels Bittrex Orderbook Partnership
On Friday, SouthKorean crypto exchange announced that it had called off its partnership with the US-based exchange Bittrex. The recent news comes just days after the exchange announced it was restructuring its services. дальше »
2019-9-28 23:30 | |
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South Korea Regulator to Support Proposed Crypto Exchange Regulation
The chairperson of the South Korean Financial Services Commission (FSC) has stated that he is in favour of a proposed reporting system for crypto exchanges operating in the nation. The regulations may serve to make digital currency trading platforms more transparent, as well as helping to protect against money laundering and other financial crimes. дальше »
2019-8-28 23:00 | |
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I Wasted My Money on Bitcoin: Billionaire Asset Manager
Bitcoin forayed into the financial markets ten years ago and became a benchmark asset to a new wave of trading instruments now known as cryptocurrencies. But for South Africa’s richest woman Magda Wierzycka, it is not worth an investor’s dime. дальше »
2019-8-23 17:00 | |
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South Korean Crypto Exchange Prixbit Closes Down Citing Financial Difficulties
The exchange announced it was shutting its operations in a website post dated August 9 that was titled ‘Prixbitend’. The startup said it has failed to overcome its financial difficulties and suspended its cryptocurrency trading services. дальше »
2019-8-21 21:09 | |
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South Korea’s Financial Intelligence Unit (FIU) To Oversee Cryptocurrency Exchanges Directly
One of the main regulatory agencies of South Korea under the command of the Financial Services Commission (FSC), the Financial Intelligence Unit (FIU), has recently decided that the cryptocurrency exchanges of the country would start to be under its guidance. дальше »
2019-8-8 22:15 | |
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South Korea to Bring Crypto Exchanges Under Direct Regulation
The Financial Intelligence Unit of South Korea's Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation
дальше »2019-8-8 13:15 | |
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South Korean Watchdog Plans Direct Supervision of Crypto Exchanges
A South Korean financial watchdog under the Financial Services Commission aims to more closely supervise exchanges in line with FATF standards. дальше »
2019-8-7 12:01 | |
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PR: Uruguayan President Meets With the Founder of SCRY
Uruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. дальше »
2019-8-2 12:30 | |
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Korea’s ‘Big 4’ Bitcoin Exchanges Facing Strict AML Scrutiny from Banks
The latest news emerging from South Korea indicates that Bitcoin exchanges are facing a surprisingly increased level of scrutiny of commercial banks amid the renewal of banking services. The revelation comes as the intergovernmental Financial Action Task Force (FATF) continues to urge countries to enact stricter regulatory controls over the crypto industry. дальше »
2019-7-30 13:00 | |
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Head of South Korea’s FSC Resigns Abruptly to “Widen the Scope” for New Cabinet Members
Chairman Choi Jong-ku left the Financial Services Commission in South Korea last week. There are already multiple candidates that may fill his position. South Korea has been rather strict in the way that they’ve navigated the cryptocurrency industry, but could that change soon? A new report from The Korea Times indicates that the chairman of […] дальше »
2019-7-24 23:48 | |
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South Korean Heavyweights KT and NDS are Developing a Blockchain-Based Food Safety System
According to a post published on July 18, 2019, KT (formerly Korea Telecom), South Korea’s largest telephone company, and Nongshim Data System (NDS) an IT affiliate of the food and beverage company, signed an agreement to develop a blockchain-based food safety record system, once again expanding their blockchain services. дальше »
2019-7-20 23:00 | |
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Korean blockchain project ICON unveils new transaction fee system
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceICON, one of the largest blockchain projects in South Korea, today has unveiled ‘Fee 2. 0’ – the new transaction fee system of the ICON Network. дальше »
2019-7-16 20:05 | |
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