2019-1-3 15:30 |
A crypto assets regulatory group has been reportedly established by the South African government
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The Minister of Finance of South Africa, Tito Mboweni, explained in a letter on Jan. 2 that the region’s government has created a regulatory working group dedicated to cryptocurrencies. According to Mboweni, the working group includes representatives from multiple South African agencies and aims to produce a comprehensive regulatory response to the growing digital asset […] The post South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies appeared first on Bitcoin News.
2019-1-3 23:10 | |
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How a South Korean governor is moving fast on blockchain, despite a slow national legislature.
2018-12-25 18:30 | |
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Bitmain, the world’s leading ASIC manufacturer is facing major headwinds in its attempt to launch an Initial Public Offering. According to a report published by the South China Morning Post,… The post Bitcoin Mining Company Bitmain Faces IPO Regulatory Issues appeared first on CoinCentral.
2018-12-25 21:38 | |
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South Korean crypto exchanges and politicians gather together to debate on the regulatory scope for the local digital assets market.
2018-12-12 11:53 | |
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BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm.
2018-12-8 21:38 | |
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The financial authorities of South Africa are now looking for comments on a proposed policy that could enact changes that would offer more regulatory certainty in the country. This happened soon after the South African Reserve Bank (SARB) and the National Treasury decided to overhaul the current system that is being used in the country, […]
2018-12-7 17:41 | |
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The South Korean government reportedly has plans to tax cryptocurrency and ICOs, despite the lack of a regulatory framework. Cryptocurrency ICO Taxation Policy According to The Korea Times, Hong Nam-Ki, Finance Minister nominee, revealed that the South Korean government is planning to tax cryptocurrency and initial coin offerings (ICO).
2018-12-4 10:03 | |
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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.
2018-11-27 10:00 | |
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Honeysuckle White is giving family and friends gathering for Thanksgiving dinner this year the opportunity to talk turkey with a traceable blockchain code on more than 200,000 turkeys sold through 3,500 retailers around the U.
2018-11-23 00:52 | |
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Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina.
2018-11-15 17:45 | |
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South Korea is a very interesting region when it comes to cryptocurrencies. In most cases, there is nothing but positive news first and foremost. At the same time, local regulators are looking for ways to ensure the industry gains more legitimacy.
2018-11-14 08:05 | |
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Hong Kong unveiled a new set of regulations aimed at governing the local cryptocurrency trading and funding market in a move that seeks to improve investor protection and the city’s status as a premier financial hub.
2018-11-3 13:00 | |
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Aiming to create an SEC and FINRA-compliant U. S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals.
2018-11-1 19:06 | |
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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.
2018-10-15 18:00 | |
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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.
2018-10-13 02:41 | |
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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.
2018-10-13 23:34 | |
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Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.
2018-10-6 16:37 | |
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Pointing out the government’s delay in regulating initial coin offerings (ICOs) since a year, South Korean lawmakers called for swift regulatory action in a parliamentary forum on Oct. 2, reported Business Korea.
2018-10-5 10:00 | |
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While many domestic cryptocurrency exchanges collapsed during China’s regulatory clampdown in 2017, Binance, is, however, thriving and on the way to becoming one of the largest cryptocurrency exchanges in the world.
2018-10-4 17:00 | |
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Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.
2018-10-4 20:51 | |
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One of the impacts of the rapid, global advancement of digital asset markets has been seasons of volatility and turbulence. This creates a challenging environment for even the most astute investors in terms of managing cryptocurrency portfolios and investment strategies.
2018-10-3 17:37 | |
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BitMEX To Hire Regulatory Veteran Amid Talent Migration As reported by the South China Morning Post, who recently began to cover Asia’s crypto and blockchain scene, the Bitcoin Mercantile Exchange, known as BitMEX to most traders in this industry, has just hired one of Hong Kong’s leading regulatory veterans in a surprising turn of events.
2018-10-3 03:33 | |
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Min Byung-Doo, South Korea's National Policy Committee Chair has called for the creation of a regulatory framework for the legalization of initial coin offerings (ICOs). The Committee Chair said with token sales becoming a global trend he does not want the country to ignore the issue or close the door to ICO completely, reports CoinDesk […]
2018-10-2 21:27 | |
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When Britain narrowly voted to leave the European Union in 2016, it opened a can of worms, the biggest of which was the Irish border. The United Kingdom shares a 310-mile land border with the Republic of Ireland.
2018-10-2 16:19 | |
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When media outlets report regulatory news such as bans on crypto (think China, Venezuela and South Korea) and treatment of initial coin offerings (ICOs) under securities laws (think U. S. ), these have the greatest negative effect on valuations, according to Sept.
2018-9-25 17:30 | |
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Bitgo, a cryptocurrency security and custody company, has been granted regulatory approval to provide its storage services to the United States. Specifically, Bitgo will target U. S. -based institutional investors with its “Bitgo Trust Company.
2018-9-14 20:20 | |
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BitGo Inc. one of the most important startups in the field of security applied to the world of crypto and blockchain technologies, received approval from South Dakota State’s Division of Banking for its branch BitGo Trust Company to legally operate within the state.
2018-9-14 10:22 | |
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The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin.
2018-9-12 23:42 | |
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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.
2018-9-11 13:00 | |
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Line Corporation, the Japanese subsidiary of South Korean internet giant Naver Corporation, announced last Friday that they will be issuing their own cryptocurrency this September. It now appears, however, that Japanese and US based customers will not be able to use the new cryptocurrency due to licensing requirements.
2018-9-5 12:30 | |
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The Blockchain Law Society launches in South Korea on August 24th with a clear mandate to create a proper regulatory framework for the blockchain and associated cryptocurrencies. A number of District Judges, lawyers and cryptocurrency experts have joined forces to form the working group that can help steer the blockchain regulations that are inevitable at […] The post Blockchain Law Society Launches in South Korea appeared first on Crypto Briefing.
2018-8-20 21:03 | |
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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.
2018-8-16 13:39 | |
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South Korea Blockchain Groups Oppose Crypto Exchanges Amendments By Government August 15th 2018 – Seoul, South Korea Earlier in the year the blockchain regulatory bodies in South Korea proposed a motion to curb the increasing popularity of trading cryptocurrencies.
2018-8-16 00:06 | |
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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.
2018-8-14 04:00 | |
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A report published by the pan-African bank, Ecobank Transnational Inc. , has found that despite cryptocurrencies exerting a notable presence in each of the 36 African countries in which the company operates, only South Africa and Swaziland have adopted a “generally favorable and permissive [regulatory] stance” pertaining to cryptocurrencies.
2018-8-10 10:25 | |
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After five long months of working with South Carolina officials, Genesis Mining has been dropped from the cease and desist order it received back in March 2018 from the South Carolina Securities Division.
2018-7-28 02:37 | |
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Following a billions-worth heist of cryptocurrency exchanges, South Korea’s financial regulator urged lawmakers to pass the bill bringring exchanges under the FSC’s direct supervision. Over a month ago, two largest cryptocurrency exchanges, operating in South Korea became victims of infamous hackers’ attacks.
2018-7-28 23:10 | |
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“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.
2018-7-26 18:55 | |
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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.
2018-7-26 10:15 | |
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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.
2018-7-26 09:30 | |
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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.
2018-7-25 00:26 | |
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South Korean government officials are taking a very interesting stance on cryptocurrencies. Although they want to bring more legitimacy to this industry, it will need to happen through regulatory efforts first and foremost.
2018-7-24 19:00 | |
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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 […]
2018-7-22 06:28 | |
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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.
2018-7-17 20:00 | |
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There are over 600 million Africans living without electricity despite an abundance of sunshine and hundreds of thousands of solar projects on the drawing board.
2018-7-17 17:41 | |
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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.
2018-7-16 13:30 | |
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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.
2018-7-16 04:46 | |
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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.
2018-7-16 03:40 | |
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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.
2018-7-13 17:51 | |
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Bhutan, the Himalayan kingdom renowned for its happiness index, has seen its Bitcoin holdings surge to over $1 billion as the crypto market rallies. Arkham, in data shared via X on Nov. 11, revealed that the Royal Government of Bhutan’s…
Government-held Bitcoin reserves highlight the significant influence of state actions on crypto markets, potentially shaping future digital finance regulations. The post Bitcoin held by governments near $33 billion mark appeared first on Crypto Briefing.
Bitcoin's inability to surpass $60,000 despite reduced selling pressure from Germany highlights ongoing market volatility and external influences. The post Bitcoin struggles to break key level amid easing selling pressure from German government appeared first on Crypto Briefing.
His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.
Nigeria’s communication ministry said the Code Clubs will introduce young participants to coding and digital technology and encourage them to deploy creative problem-solving in their everyday lives.
According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property.
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science.