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South Korean Lawmakers Propose the Legalization of ICOs

South Korea has maintained a reasonably negative stance on cryptocurrencies and initial coin offerings (ICOs) since their blanket ban in September 2017. According to Business Korea’s article released on October 4, 2018, however, the National Assembly is looking to convince the government to remove the ICO ban as it may undermine South Korea’s future competitiveness. дальше »

2018-10-5 09:00

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South Korea Denies Cryptocurrency Exchanges From Venture Firm Certification

Although the South Korean Government is keen to improve blockchain regulations, they do not express the same sentiment towards the cryptocurrency industry. According to an article published by Business Korea on October 1, 2018, the South Korean Government decided to deny cryptocurrency exchanges from venture firm certification, which will lead to an increase in taxes for these companies. дальше »

2018-10-3 23:00

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Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets

The Bank of Korea has warned that significant price differences between South Korean exchanges and those abroad, or the “Kimchi Premium,” may emerge in the coming years. Kimchi May Strike Back According to local outlet No Cut News, South Korea’s central bank cautioned officials of another “Kimchi Premium”-like situation if regulations and crypto trading frameworks […] The post Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets appeared first on CryptoSlate. дальше »

2018-9-12 07:00

Korea’s Major Crypto Exchange Bithumb Resumes Registration. Partners With NH Bank

Hankyung, a mainstream media outlet in South Korea, has reported that Bithumb, the country’s second largest crypto exchange, will officially resume new user registrations on September 1. Bithumb has disallowed new registrations for traders in South Korea since January of 2018, following the encouragement of the government to establish formal agreements between cryptocurrency trading platforms. дальше »

2018-9-1 13:56

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South Korea: Trading Volume Soars as Bithumb Reopens to New Customers

Major South Korean cryptocurrency exchange Bithumb has announced it will resume accepting new user accounts after resolving a dispute with its banking partner. Month-Long Impasse Ends As local news media outlet Yonhap reports August 29, Bithumb has come to an agreement with Nonghyup Bank, which in July stopped serving it, reportedly due to the exchange’s recent hack in which it lost over $30 million. дальше »

2018-8-29 16:00

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South Korea’s Got Blockchain in its Seoul

In August,  South Korea has begun establishing itself as a global leader in blockchain acquisition and application. Competition Breeds Innovation The South Korean technology giants Samsung and LG have been mainstays in the consumer electronics market for years often going head to head with Apple and GE for global market share. дальше »

2018-8-25 02:00

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South Korea Blockchain Industry Blooming – Swytch Announces Partnership to Expand Possibilities for Renewable Energies

South Korean city Chuncheon has joined with Swytch in a partnership to expand and accelerate the city’s use of renewable energy. In a move that mirrors other government investments in the blockchain, the agreement between the city and Swytch will see the two organizations examining how to use Swytch technology to make more citizens benefit […] South Korea Blockchain Industry Blooming – Swytch Announces Partnership to Expand Possibilities for Renewable Energies was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-20 13:59

Bitcoin Price Watch: Currency Tanks to $7,790

After several days of bitcoin remaining above $8,000 and enthusiasts rejoicing about a possible new era for crypto, bitcoin has suddenly tanked by roughly $400 and is now trading for about $7,790. Current conditions suggest that bitcoin – despite showing signs of newfound strength – is still just as vulnerable as ever to volatility and […] дальше »

2018-7-31 20:29

Bitcoin Price Watch: Currency Tanks to $7,743

After several days of bitcoin remaining above $8,000 and enthusiasts rejoicing about a possible new era for crypto, bitcoin has suddenly tanked by roughly $400 and is now trading for about $7,743. Current conditions suggest that bitcoin – despite showing signs of newfound strength – is still just as vulnerable as ever to volatility and […] дальше »

2018-8-1 20:29

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‘Momentum Is Building On The Chain’: Analyst Says This Bitcoin Rally is Different

This Bitcoin price surge is not like the rest: that’s according to Mati Greenspan, who this week produced new evidence of Bitcoin’s solid underlying health. Interest ‘Not Just On Futures And Exchanges’ In a series of tweets Tuesday and Wednesday, the eToro senior market analyst and cryptocurrency commentator placed the spotlight on tight exchange spreads, activity in East Asia and network usage increases. дальше »

2018-7-25 16:00