2022-11-2 16:39 |
Pick n Pay, one of South Africa's largest supermarket chains, will allow customers to pay using bitcoin via any Lightning Network-enabled app, according to The Times.
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Currently 39 Pick n Pay stores are testing the payment method, with plans to roll it out to all stores in the coming months, Sunday Times reports.
2022-11-1 17:02 | |
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The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs.
2022-10-6 23:25 | |
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Such a decision is governed by the gift and inheritance tax law. According to the Ministry of Economy and Finance, recipients will pay a tax of 10 to 50% for a “gift” in the form of cryptocurrency.
2022-8-25 19:21 | |
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By the middle of this year, Australians will be able to pay with crypto at service stations and convenience stores in South Australia, as private enterprises warily embrace digital currency payments.
2022-4-4 15:32 | |
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CBDCs are not only related to finance but diplomacy as well. With China now incentivizing users to pay with its digital renminbi [RMB] and South Korea also looking into a digital won, Japan has littleThe post Why Japan 'currently has no plan to issue CBDC' appeared first on AMBCrypto.
2021-10-16 14:30 | |
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The world’s 14th largest cryptocurrency exchange by spot trading volume, Coinone, now supports trading and custody of Alchemy Pay’s utility token, ACH, for its market...
2021-9-4 18:29 | |
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A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company.
2021-7-8 13:00 | |
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South Korea’s regulators have announced a new crackdown on crypto-related illegal activity amidst the ongoing digital assets trading boom, local news outlet Yonhap News Agency reported today. The post South Korea aims to “pay special attention” to Bitcoin and crypto transactions appeared first on CryptoSlate.
2021-4-20 16:00 | |
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South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges.
2021-3-20 03:30 | |
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A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet.
2021-2-14 07:30 | |
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A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and the purported diamond-backed crypto token.
2020-12-10 18:05 | |
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Цифровой юань (CBDC) будет совместим с ведущими платежными системами в Китае. Об этом сообщает South China Morning Post со ссылкой на заявление Му Чанчуня, главы Института по изучению цифровых валют при Народном банке Китая.
2020-10-26 16:21 | |
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A large Australian payments company filed a suit last week in New South Wales over the use of the trademark “PAY ID. ” The company, New Payments Platform Australia (NPPA), says Ripple illegally used its brand.
2020-8-27 20:45 | |
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The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime.
2020-8-9 04:00 | |
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The South Korean government has ordered the implementation of a tax law that will require a variety of assets to pay taxes. Said tax law will be effective in 2021; five months from now. The announcement was made on the 22nd of July by the country’s Ministry of Strategy and Finance with a “2020 Tax […]
2020-7-23 10:15 | |
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The country plans to make traders, miners and projects receiving initial coin offerings to pay income tax from March 2021 South Korea will tax cryptocurrency traders, miners, and initial coin offerings from next year, according to reports in local news outlets.
2020-5-28 15:52 | |
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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.
2020-5-19 01:30 | |
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The legal status of cryptocurrencies can differ based on one’s region. In Australia, it would appear that Bitcoin is a legal investment vehicle. Those are the findings of Judge Judith Gibson of New South Wales.
2020-3-1 06:00 | |
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Litecoin Foundation – the non-profit in charge of the Litecoin (LTC) cryptocurrency on February 28, 2020, announced that it had partnered with fintech firm MeconCash to integrate LTC into its M. Pay platform.
2020-2-28 20:00 | |
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Today, the Litecoin Foundation announced it has partnered with MeconCash to integrate Litecoin (LTC) into its M. Pay platform. This will allow Litecoin (LTC) to be withdrawn to Korean Won (KRW) at over 13,000 ATMs in South Korea.
2020-2-28 00:55 | |
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Bitcoin Cash has been added to Mecon Cash’s M. Pay platform which is integrated with over 13,000 ATMs in South Korea. By making bitcoin cash usable for withdrawing won across the country, Mecon Cash is ensuring that BCH users in Korea can always make urgent and small transactions in any place that still does not accept […] The post Bitcoin.
2020-1-20 09:55 | |
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Coinspeaker Bithumb Exchange Will Pay $67 Million in Additional Crypto TaxesEarlier South Korean crypto exchange Bithumb had reported about a bad financial year, but now it has been revealed that the taxes are getting even harder.
2019-12-30 23:20 | |
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Seoul’s Southern District Court has ruled that the South Korean cryptocurrency exchange, CoinOne, is required to compensate users who have suffered losses due to hacked accounts that violate the withdrawal limit imposed by government policies.
2019-9-28 22:00 | |
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Facial recognition technology is used across China for everything from identifying criminals to measuring students’ attention in class. Now, it has debuted a system in its subway that lets you use your face as a ticket.
2019-9-23 09:14 | |
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The much-awaited Bank of China’s cryptocurrency could be a move by the bank to help curb Alipay and WeChat Pay dominance in the financial sector. Appearing on South China Morning Post financial analyst, Cindy Wang, a renowned analyst with DBS Research Group, claimed that the country is set to benefit as investors and merchants will […]
2019-8-20 21:55 | |
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The Kimchi Premium has finally disappeared. The concept, in case you are not familiar with the term, is the “extra” that people pay for Bitcoin in South Korea. For reasons which are linked to demand, people in the country often pay more for Bitcoin than in the rest of the world. Recently, however, the spread […]
2019-8-14 16:55 | |
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Ripple and its latest partner MoneyGram both added a new partner to their list, Sentbe. The global money transfer and payment company signed a contract with the South Korean fintech company Sentbe on July 19.
2019-7-20 16:21 | |
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South Korean based blockchain project Icon, on July 15 launched its FEE 2. 0 platform, that allows Dapp developers pay users’ fee, while also giving them the privilege to stake tokens into the network in order to gradually pay fess in virtual steps.
2019-7-16 02:12 | |
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Like all Ponzi schemes, South Africa’s cryptocurrency investment scheme Bitcoin Wallet is reportedly on the verge of collapse. The Bitcoin scam which was initially based in Kwa-Zulu Natal’s rural town of Ladysmith has allegedly run out of money to pay out to investors.
2019-7-9 13:47 | |
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There is one reason not to invest in Ponzi schemes: you will be scammed. Sure, you can believe that you will have a degree of success in case you go in and get out pretty quickly, but the truth is that you will generally only lose money. This is exactly what happened to the investors […]
2019-7-9 00:09 | |
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Hundreds of locals who used to eagerly gather outside the Bitcoin Wallet office in Ladysmith, South Africa are now mobbing the office to demand their money back.
2019-7-9 20:30 | |
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Just two weeks back, the love affair between the National Football League (NFL) and Bitcoin started and now more and more players of the team want to be paid in BTC. This began when Russell Okung, who plays offensive tackle for the Los Angeles Chargers took to Twitter to demand, “Pay me in Bitcoin” on […]
2019-5-26 16:47 | |
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By CCN: According to Business Korea, a mainstream media outlet in South Korea, Samsung Electronics is preparing the integration of crypto assets into Samsung Pay. Samsung Pay reportedly accounts for around 80 percent of the market share of the simple payment market and the integration of crypto assets is expected to increase the mainstream adoption of the asset class.
2019-5-25 16:09 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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Bitcoin Press Release: Fin Foundation, a newly created company with South Korean roots, are aiming to take over the Russian and CIS gasoline market, by implement the FIN token as a method of payment at gas stations.
2019-4-28 20:35 | |
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April 2019, Burgas, Bulgaria – Fin Foundation allows crypto holders to pay for petrol in crypto and get discounts in price. Oil and gas companies have recently become interested in the Fin Foundation project, because for them it is an opportunity to attract a new audience (e.
2019-4-26 00:57 | |
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Fin Foundation, a South Korean blockchain startup is looking to revolutionize the Russian and CIS gasoline market by making it possible for people to pay with FIN token when they purchase gas. At current, FIN token is already being accepted at several gas stations across South Korea.
2019-4-25 11:29 | |
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Bulk Trader is a Blockchain powered Online Marketplace Platform dedicated to B2B sales and services. Bulk Trader is a unique hyperlocal ecommerce platform with creative digital marketing solutions for accredited vendors & buyers for goods in bulk.
2019-4-21 11:03 | |
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Rajan Anandan, Google‘s vice president for South East Asia and India, is leaving the company after eight years. Anandan has been in charge of or involved in numerous major projects at the firm for one of its largest markets.
2019-4-2 09:41 | |
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An organized dissident revolutionary group calling itself Cheollima Civil Defense is actively working to overthrow Kim Jong-un and the government of North Korea. The group has announced that they will be selling visas to the new country beginning Sunday, and supporters can pay with the Ethereum cryptocurrency.
2019-3-21 19:39 | |
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The most popular messaging app in South Korea, Kakao, plans to give its users its own crypto wallet
2019-3-27 17:33 | |
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Everybody wants to mine cryptos (or at least that is how it was when prices were high last year) but not a lot of people want to actually pay the energy costs for mining them. This is why we got so many crypto jacking malware around and why now why the South Korean police have […]
2019-2-15 07:52 | |
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South Korea’s Second Largest City Starts Partnership With Blockchain Company Busan, the second largest city of South Korea, only behind Seoul, has decided to sign a Memorandum of Understanding (MoU) with Hyundai Pay, a blockchain company.
2019-2-13 20:57 | |
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South Korea’s “Crypto Valley” — the city of Busan — aims to create new jobs and revitalize the blockchain industry by signing an MoU with blockchain firm Hyundai Pay
2019-2-13 13:18 | |
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Venezuela is moving a shipment of 29 tonnes of gold, worth approximately 1 billion Euros or 1. 2 billion dollars, to the United Arab Emirates for sale. UAE will pay cash Euros for the trade, which has riled US officials currently engaged in dethroning Socialist President Nicolas Maduro.
2019-2-2 20:15 | |
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While most crypto investors are shooting for the moon, Blockstream is focused on things a bit closer to Earth: in the outermost layer of its atmosphere, to be exact.
2018-12-18 00:31 | |
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South Korea’s second largest bank is in the middle of rolling out a blockchain-based system designed to reduce human error. Shinhan Bank is using the blockchain for Interest Rate Swap (IRS) transactions.
2018-12-10 14:38 | |
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Study263, a Zimbabwean-owned fintech startup operating from South Africa, has opened an online store allowing Zimbabweans to buy food hampers that are delivered directly to their homes. Shoppers have the option to pay for items like cooking oil and baked beans in BTC, Paypal or Ecocash, a local mobile money payment system.
2018-11-20 22:05 | |
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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.
2018-11-20 00:18 | |
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The disparity in listing fees between exchanges could influence project accessibility and shape the competitive landscape in the crypto market. The post Justin Sun, Andre Cronje claim Binance charges zero listing fees while Coinbase demands millions appeared first on Crypto Briefing.
UBS deepens its crypto strategy with a new tokenized fund, following digital bond transactions and structured note issuances. The post UBS launches tokenized treasury fund on Ethereum appeared first on Crypto Briefing.
Trump's crypto project cuts WLFI token sale target from $300M to $30M amid low demand, signaling challenges for World Liberty Financial. The post Trump’s crypto project cuts WLFI token sale target from $300M to $30M amid low demand appeared first on Crypto Briefing.
Binance uses generative AI integration via AWS to enhance KYC accuracy and cut costs, improving the user experience globally. The post Binance partners with AWS to improve user experience with generative AI appeared first on Crypto Briefing.
DWF Labs' leadership change highlights the critical need for ethical conduct and swift action in maintaining corporate integrity and trust. The post DWF Labs appoints new partner following drink-spiking allegations against Eugene Ng appeared first on Crypto Briefing.
Consensys' layoffs highlight the broader impact of regulatory challenges on innovation and employment in the crypto industry. The post MetaMask’s parent company Consensys lays off 20% of its workforce amid SEC legal battles appeared first on Crypto Briefing.
Key takeaways Vantard has raised over $200k in its seed round so far, and it will increase the token price in two days. It is the first meme coin index in the world, granting investors access to a basket of Solana-based meme coins.