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Twitter Analysis: Africa Loves Bitcoin, But XRP Has Friends Everywhere
According to recent analytics performed by The TIE, Africa’s Twitter sphere is feeling very bullish about Bitcoin. The continent is home to several businesses finding ways to use digital assets, so it’s no surprise that many would be optimistic about the virtual currency. дальше »
2019-7-10 21:38 | |
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South American e-commerce platform to reportedly integrate Facebook’s Libra for user payments
In their quest to release their much-awaited cryptocurrency, Facebook has been consistently active in the virtual asset ecosystem over the past few days. Facebook had recently announced the introduction of the Libra Association on June 18th, which was indicated to be the operating unit of Libra crypto. дальше »
2019-6-18 00:30 | |
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The Virtual Viewpoint of Volatility: Bitcoin Surpasses All-Time High Price vs Argentinian Peso (ARS)
The quest for world domination from the premier cryptocurrency is getting stronger with each failing fiat currency. The traditional finance system seems to be failing one nation at a time (or a couple nations) as seen by the hyperinflation is some countries in recent years. дальше »
2019-5-28 02:28 | |
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Bithumb: South Korean exchange to resume deposits and withdrawals for XRP, EOS and BCH
Bithumb, the South Korean cryptocurrency exchange which was hacked on March 29, is set to resume withdrawals and deposits for three of the top six cryptocurrencies. In a May 15 announcement, the exchange stated that XRP, Bitcoin Cash [BCH] and EOS [EOS] would be the first few virtual currencies to resume trading. дальше »
2019-5-15 08:29 | |
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NY Regulator-Flagged ‘North Korean Crypto Accounts’ Were South Korean: Bittrex
By CCN. com: Four days after New York State Department of Financial Services’ executive deputy superintendent for banking Shirin Emami disclosed in an op-ed that having North Korean users on its platform was part of the reason Bittrex was denied a virtual currency business license, the cryptocurrency exchange has come out forcefully to deny the claim. дальше »
2019-4-23 12:53 | |
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Ethereum’s Vitalik Buterin Clashes With Bitcoin-Basher ‘Dr. Doom’
Perennial Bitcoin basher and anti-cryptocurrency campaigner, Nouriel Roubini and Ethereum founder Vitalik Buterin had a heated debate at the second edition of the Deconomy blockchain event in Seoul, South Korea. дальше »
2019-4-6 01:00 | |
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Blockchain Wins Big At SXSW As Nebula Genomics Takes Best In Show
A blockchain project has won the highest award at a world-leading technology conference. Nebula Genomics, a blockchain startup in the field of genetic data, was awarded “Best in Show” at SXSW Pitch, as part of the annual South By Southwest festival. дальше »
2019-3-12 17:37 | |
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US ETF Ruling to Inform South Korean Cryptocurrency Market
Local media has reported that a South Korean exchange is waiting for regulators in the United States to make a ruling regarding the highly anticipated Vaneck cryptocurrency exchange-traded fund (ETF) before determining its stance pertaining to virtual currency ETFs. дальше »
2019-2-24 01:38 | |
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Why South Korea Had to Ban Crypto ICOs and Risk Losing Multi-Billion Dollar Opportunities
This week, the government of South Korea officially decided to maintain its existing blanket ban on domestic initial coin offerings (ICO) in a move that could benefit other major crypto markets in Asia. дальше »
2019-2-4 05:15 | |
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South Korean Drug Dealers Arrested After Receiving Payments In DarkCoin Privacy Crypto Token
Drug Dealers In South Korea Arrested After Receiving Payments In Crypto Drug dealers in South Korea have been arrested by local authorities after selling drugs online and accepting virtual currencies as payment. дальше »
2018-12-26 19:28 | |
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South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant
The South Korean government will be spending four billion Korean won (KRW) ($3. 500. 000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018. дальше »
2018-12-12 00:00 | |
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New Blockchain-Built Virtual Power Plant (VPP) In Busan, South Korea Gets $3.5 Million USD From Govt.
Four Billion KRW Allotted To Create New Blockchain-Based Virtual Power Plant In South Korea In a new report by Yonhap News Agency, the South Korean government appear to be making changes within the city of Busan. дальше »
2018-12-10 22:48 | |
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South Korea Wants To Develop A Blockchain-Powered Virtual Power Plant
The virtual power plant will be a network of interconnected power sources controlled by a central IT system.
дальше »2018-12-11 21:13 | |
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OKEx Launches a ‘Timeless’ Bitcoin Derivatives Product
On Monday, Malta-based Crypto Exchange, OKEx, launched a product which it says, ‘perfects’ its derivatives product suite. The ‘Perpetual Swap’ is a peer-to-peer virtual derivative with no expiry date, and daily settlement. дальше »
2018-12-5 09:09 | |
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Financial Information Unit (FIU) Report: Banks More Vulnerable To Terrorist Financing Than Bitcoin
It seems that banks are more vulnerable to money laundering and terrorist financing risks than virtual currencies. The information was reported by Business Korea citing a report released by the Financial Information Unit (FIU). дальше »
2018-12-2 01:45 | |
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InVault Launches Cryptocurrency Custodian Service in Hong Kong as New Regulations Emerge
Invault, a Shanghai-based cryptocurrency custodian service, recently launched after Hong Kong imposed new regulations on cryptocurrency exchange platforms and fund managers, requiring them to protect and safeguard their clients’ virtual assets, according to South China Morning Post’s on November 25, 2018. дальше »
2018-11-27 10:00 | |
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Huobi Group Sets Up Communist Party Committee in Beijing
As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company. дальше »
2018-11-20 00:18 | |
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Bithumb Exchange Adds Two New Crypto Coin Listings: Stellar (XLM) and Odyssey (OCN)
The popular South Korean cryptocurrency exchange has taken the decision to list two new virtual currencies on its platform. The coins listed are Stellar Lumens (XLM) and Odyssey (OCN), both of them are major virtual currencies in the market. дальше »
2018-11-17 02:24 | |
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Survey: South Africans Turning to Crypto as Hedge Against Volatility of the Rand
A survey by Luno, a London-based cryptocurrency platform, has revealed that a growing number of people in South Africa prefer holding cryptocurrencies such as bitcoin and bitcoin cash rather than the local fiat unit, the rand. дальше »
2018-11-7 13:00 | |
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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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Changelly Exchange Assists Bithumb In Recovering 1 Million XRP Coins Worth $460,000
The biggest crypto exchange in South Korea, Bithumb was a victim of a massive hack that resulted in a loss of over $30 million of virtual assets. The breach in hot wallet resulted in the exchange immediately stopping their deposits and withdrawal while they moved their funds to the safety of cold storage. Bithumb also […] дальше »
2018-10-31 10:00 | |
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Regulations Roundup: SEC Considers Crypto Fund Criteria, South Korea Warns Investors
In this edition of Regulations Roundup, we focus on the U. S. Securities and Exchange Commission’s (SEC) ongoing discussions with companies that are interested in setting up cryptocurrency funds. дальше »
2018-10-26 18:45 | |
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Crypto Trading Ban Won’t Work, Says Hong Kong’s Top Financial Regulator
Carlson Tong Ka-shing believes Hong Kong needs a more robust regulatory framework for cryptocurrency trading. The soon-to-be former head of the Hong Kong Securities and Futures Commission (SFC) has called for greater emphasis on investor protection in the volatile virtual currency trading arena. дальше »
2018-10-15 18:00 | |
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Head of Korea’s Top Financial Regulatory Body Reaffirms Stance Against ICOs
On October 11, Chairman of Korea’s Financial Services Commission Choi Jong-koo reaffirmed his negative stance against virtual currencies and initial coin offerings (ICOs) in a statement given to Korea’s National Assembly. дальше »
2018-10-13 02:41 | |
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Singapore-based Blockchain Consortium Buys Majority Share in Bithumb
Singapore-based BK Global Consortium has paid 400 billion won (approximately $350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to a local news outlet. дальше »
2018-10-13 23:53 | |
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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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Tron Jumps Ahead of TVM Launch, a Copy Paste of Ethereum’s Virtual Machine
Tron has risen from $0.22 to a recent high of $0.28 on trading volumes of $400 million, sending its market cap to $1.7 billion. South Korea is currently leading Tron’s... The post Tron Jumps Ahead of TVM Launch, a Copy Paste of Ethereum’s Virtual Machine appeared first on Trustnodes. дальше »
2018-10-8 18:44 | |
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Texas State Securities Board Hits Russian Hoaxers with Cease-and-Desist Orders
Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd. дальше »
2018-9-20 00:05 | |
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Statistics: Less than a half of South Korean traders verified their identity
Although all South Korean crypto exchanges have to use the real-name accounts, in reality, only half of their customers verified their identity and converted virtual accounts to real-name ones. дальше »
2018-9-12 23:43 | |
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Chinese Cryptocurrency Traders Circumventing Bitcoin Trading Ban via Tether and VPNs
While the Chinese regulatory watchdogs have not failed to renounce their support over digital assets trading and crypto businesses in the region, investors still engage in the “forbidden act” using virtual private networks (VPNs) and the Tether stablecoin, reported the South China Morning Post on September 8, 2018. дальше »
2018-9-11 13:00 | |
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Baidu, Alibaba, and Tencent block cryptocurrency forums and trading in China’s latest crackdowns
China is showing no intention of slowing down its cryptocurrency crackdown. In the latest, Baidu, Alibaba, and Tencent (BAT) — the three largest technology companies in the country — are banning cryptocurrency-related activities from their platforms. дальше »
2018-8-27 13:45 | |
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South Korean Cryptocurrency Exchange Bithumb Has Made $35 Million in 2018 Despite June Hack
Bithumb, a South Korean cryptocurrency exchange platform has reportedly seen a mid-year profit of $35 million. The virtual currency exchange made the news in June 2018 after suffering a $30 million hack which led to severe downtime on the platform. дальше »
2018-8-25 21:08 | |
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Venezuela’s Currency Devalued By 96% as Maduro Announces New Crypto-Pegged Forex Rate
On Friday, Venezuelan President Nicolas Maduro announced a new single exchange rate for the bolivar that’s pegged to the Petro virtual currency. Under the new guidelines, one Petro would equal $60 dollars, which means the nation’s currency is essentially devalued by 96 percent. дальше »
2018-8-19 15:00 | |
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South Africa Releases Draft Cryptocurrency Tax Law
The South Africa Revenue Service (SARS) recently released a draft cryptocurrency tax legislation. The draft defines the framework of virtual currency taxation in the country. Details of the Draft Cryptocurrency Tax Legislation The draft cryptocurrency tax legislation follows on from the press release issued by SARS in April 2018. дальше »
2018-8-9 03:00 | |
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South African Releases Draft Cryptocurrency Tax Law
The South Africa Revenue Service (SARS) recently released a draft cryptocurrency tax legislation. The draft defines the framework of virtual currency taxation in the country. Details of the Draft Cryptocurrency Tax Legislation The draft cryptocurrency tax legislation follows on from the press release issued by SARS in April 2018. дальше »
2018-8-9 03:00 | |
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Cryptocurrency Remains Popular In South Africa, But Scams and Questions Still Loom
Sales for an exclusively African cryptocurrency opened up in August to those with a South African bank account — seemingly capitalizing on virtual currency’s popularity in the nation. Despite growing interest, however, scams and fraud are still rife in the country. дальше »
2018-8-5 11:00 | |
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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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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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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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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 Revises Anti-Money Laundering Guidelines for Virtual Currencies
A press release has been published by South Korea’s top financial regulator this week outlining new anti-money laundering (AML) guidelines for virtual currencies. This newest set of amendments to South Korea’s AML guidelines has been drawn out following the completion of a series of on site inspections of three domestic banks by the country’s Financial… The post Korea Revises Anti-Money Laundering Guidelines for Virtual Currencies appeared first on UNHASHED. дальше »
2018-6-29 01:44 | |
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South Korean Financial Watchdog Releases Stricter AML Guidelines for Virtual Currencies
South Korea’s Financial Services Commission released new AML guidelines that require crypto exchanges to conduct proper customer ID due diligence
дальше »2018-6-29 21:55 | |
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