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SBI Plans Derivatives Platform, Huobi Eyes 30% Korean Market, Thai Four-Crypto ATM Unveiled
Japan’s SBI Group is reportedly planning to create a crypto derivatives platform. In South Korea, Huobi is taking an aggressive approach and expects to achieve a 30% crypto market share. Meanwhile, a Thai crypto exchange has unveiled an ATM that supports four cryptocurrencies. дальше »
2018-8-3 00:15 | |
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South Korea Bitcoin Transactions Major Line Benefits to End Benefits
Taxes The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. дальше »
2018-8-1 11:31 | |
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South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges
The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. дальше »
2018-8-1 09:55 | |
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Major Chinese Telecom Companies to Launch a Collective Blockchain Research Group
Chinese telecom trio, China Mobile, China Telecom, and China Unicom have joined forces to propel the development of blockchain applications in the Chinese telecommunications industry, which will help in razing operating costs and provide unparalleled network security to all their customers. дальше »
2018-7-29 23:00 | |
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Officials in South Africa Propose VAT-Exemption for Bitcoin Trades
Cryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed. дальше »
2018-7-28 23:45 | |
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South Korea’s FSC Urges Legal Crypto Regulation to Combat Hacks and Theft
Representative of South Korea FSC Urges Crypto Regulation, As Hacks and Theft Increase South Korea has been both praised for and concerned about when it comes to cryptocurrencies. The former is due to its growing number of crypto exchanges. дальше »
2018-7-27 12:56 | |
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Bitcoin, Ethereum, XRP and other coins to be protected better with the new bill, says South Korean official
On 25th July, South Korean officials made it clear that the country’s governing bodies must come together to enforce cryptocurrency regulations. This comes in the wake of major hacks that has threatened to destabilize the financial markets as well as dissuade people from adopting cryptocurrencies on a larger scale. South Korea is making a steady progress […] дальше »
2018-7-27 23:34 | |
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South Korea’s Financial Innovation Bureau Will Legitimize Blockchain and Cryptocurrency
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. дальше »
2018-7-24 19:00 | |
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South Korea’s Crypto Regulation Shakeup: New Bureau, Agreement With China
South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. A bureau dedicated to financial innovations that include cryptocurrencies is being set up. дальше »
2018-7-23 06:45 | |
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Cryptocurrency division has been created by South Korea’s financial service commission
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 17:21 | |
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South Korea’s Financial Services Commission Announces Creation of Cryptocurrency Division
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 14:00 | |
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Apple Sea Shops Presently Take Bitcoin through Douche Amounts Medium Onebuy
South Korean electronics titan Samsung has announced that its Baltic stores now accept multiple cryptocurrencies as a means of payment via the blockchain-based CopPay platform, according to a July 20 Medium post. дальше »
2018-7-21 00:26 | |
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South Korea’s Finance Watchdog’s New Crypto Division
South Korea’s Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The FSC said the new department – dubbed the Financial Innovation Bureau – will focus on developing policy-making initiatives for the domestic blockchain and fintech industry, The Korea Times reported on Thursday. The decision to set up the дальше »
2018-7-20 21:30 | |
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South Korea's Finance Watchdog Is Forming a Crypto Division
South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain. дальше »
2018-7-20 18:30 | |
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Coinrail Bounces Back After Shutdown, Will Reimburse Stolen Cryptocurrencies
South Korean crypto exchange Coinrail has reopened just over a month after suffering an attack which resulted in the theft of $40 million in cryptocurrencies. The exchange only serves domestic investors but gained worldwide notoriety when it was partially (and perhaps inaccurately) blamed for the mid-June crypto market crash. Coinrail is now offering compensation to […] дальше »
2018-7-18 03:51 | |
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CoinRail Reopens, As Reimbursement Of Stolen Cryptocurrencies Begins
A South Korean cryptocurrency startup, CoinRail, reopens a month after experiencing hacking, in which an estimate of about $40 million was lost. The company announced on its website that it has reCoinRailsumed operation after a month and will be compensating clients who the hack affected, as the company retains the confidence of the public. дальше »
2018-7-18 03:30 | |
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Nearly 4 in 10 South Africans Wish They Had Invested in Cryptocurrency Says Study
Pan-African financial services company Old Mutual Limited has released an annual Savings and Investment Monitor survey for South Africa, which polled respondents on awareness of and attitude toward cryptocurrencies in the country. дальше »
2018-7-17 07:44 | |
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Study: 38 Percent of South Africans ‘Wish They Had Invested in Crypto Before’
A recent study shows that South Africans are generally positive about cryptocurrencies, with 38 percent of respondents wishing they had invested in it
дальше »2018-7-17 05:13 | |
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Coinrail Bounces Back After Shutdown, Will Reimburse Stolen Cryptocurrencies
South Korean crypto exchange Coinrail has reopened just over a month after suffering an attack which resulted in the theft of $40 million in cryptocurrencies. The exchange only serves domestic investors but gained worldwide notoriety when it was partially (and perhaps inaccurately) blamed for the mid-June crypto market crash. дальше »
2018-7-17 02:26 | |
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Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies
South Korean exchange Coinrail has resumed service after it was hacked last month. The exchange has offered users some options to recover their cryptocurrencies. Eleven cryptos were stolen, some of which have been fully recovered and are now available for trading and withdrawals. дальше »
2018-7-17 22:55 | |
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This startup is the perfect example of Korea’s vibrant crypto market
Though cryptocurrencies and blockchain applications seem to have taken the entire world by storm, there are few places where this new technology has been embraced like South Korea. In part, thanks to changing regulations within the country, the overwhelming sentiment seems to indicate that crypto will soon become fully integrated into everyday life in South Korea. дальше »
2018-7-16 16:49 | |
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The SA purple team ensures the addition of cryptoes to its online trading platform
Finance South African financial company Purple Group has confirmed the addition of two cryptocurrencies, bitcoin and ethereum, to its online trading platform. Barry Dumas, trading specialist at the group, emphasized that GT247. дальше »
2018-7-16 15:25 | |
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SA Purple Group Confirms Adding Cryptos to Its Online Trading Platform
South African financial company Purple Group has confirmed the addition of two cryptocurrencies, bitcoin and ethereum, to its online trading platform. According to a representative, the decision came in response to strong demand from clients earlier this year. дальше »
2018-7-16 13:41 | |
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Old Mutual’s 2018 South Africa Crypto Survey Shows 38% Wish They Invested
African financial service giant Old Mutual just released the 2018 Savings and Investment Monitor survey for South Africa. The study shows that 38% of the residents and citizens of Africa’s second-biggest economy who were already aware of the existence of digital assets wished they had put their money in cryptocurrencies. Old Mutual Limited is a […] дальше »
2018-7-16 08:49 | |
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Cryptocurrencies are the ‘future of money’: The United States Congress
On 14th July, The United States House of Representatives has gone so far as to say that digital currencies are the ‘future of money’. This latest development comes in the wake of countries such as South Korea, Malta, and Switzerland adopting and implementing clear regulation for the $250 million cryptocurrency market. The United States will begin […] дальше »
2018-7-15 12:15 | |
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Promoted: Ushering in a New Future — Cryptocurrency Investing With Invictus
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. дальше »
2018-7-13 17:51 | |
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U.S. House Financial Services Committee Will Discuss if Cryptocurrencies are ‘The Future of Money’ Next Week
The U. S. House of Representatives Financial Services Committee announced today, July 12th, that it will be hosting a hearing titled “The Future of Money: Digital Currency” next Wednesday, July 18th. дальше »
2018-7-13 10:32 | |
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U.S. House Financial Services Committee Will Discuss if Cryptocurrencies are ‘The Future of Money’ Next Week
The U. S. House of Representatives Financial Services Committee announced today, July 12th, that it will be hosting a hearing titled “The Future of Money: Digital Currency” next Wednesday, July 18th. дальше »
2018-7-13 01:41 | |
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Bitcoin Mining Made Accessible with BitMOR
According to Argus Leader, a local South Dakota news site, BitMOR is a new cryptocurrency mining company that sells mining equipment and service to locals interested in mining cryptocurrencies. BitMOR is considered one of the first cryptocurrency mining businesses located in South Dakota. дальше »
2018-7-13 18:00 | |
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New Crypto Laws Proposed by Korean Political Parties
South Korea’s National Assembly is reportedly set to witness a whirlwind of legislative efforts around cryptocurrencies in the coming days. Between July 13 and 26, members of a number of Korean political parties are expected to submit bills focused on regulating cryptocurrencies, initial coin offerings and blockchain, according to a report from The Korea Times. While дальше »
2018-7-12 23:33 | |
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New China Internet Report Explores State of Blockchain Industry
China wants to be a frontrunner in blockchain technology with local governments ramping up blockchain projects, and yet, the government still maintains a strict stance on cryptocurrencies, highlights a new report by Abacus, 500 Startups, and the South China Morning Post. дальше »
2018-7-12 22:54 | |
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Cryptos Pose ‘Insignificant Risk’ to Financial Markets: Bank of Korea
One week after the Financial Services Commission (FSC) of South Korea said that it is “not opposed” to digital currencies, a Bank of Korea report claimed that cryptocurrencies do not pose a significant risk to the country’s financial system. дальше »
2018-7-10 16:19 | |
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South Korea to Legitimise the Blockchain and Cryptocurrency Industry
South Korea’s relationship with cryptocurrencies has had a tumultuous past. From the country being an important crypto market to crackdowns and imposition of strict regulations at the beginning of 2018, the authorities have frequently changed their outlook on digital currencies. дальше »
2018-7-10 13:59 | |
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South Korean Banks Now Own More Cryptos Than Even Bithumb
Bitcoin price tumble from estimated price of $20,000 in 2017 to $6,000 in early 2018 has made commercial banks in South Korea holders of more cryptos than the largest cryptocurrency exchange in the country, Bithumb. дальше »
2018-7-10 01:15 | |
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South Korean Central Banks Own Nearly $2 Billion Worth In Crypto Assets Portfolio
It seems that the adaption for banks to be more accepting of cryptocurrency has taken their regulations a step further, joining in on these investments themselves. The central bank of South Korea has recently found success, reporting that local commercial banks had won $1. дальше »
2018-7-9 10:44 | |
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Korean Banks Held $1.79 Billion During the 2017 Bull Run
Yonhap, a mainstream media outlet in South Korea, reported that commercial banks in the country are holding nearly $2 billion worth of cryptocurrencies. The post Korean Banks Held $1.79 Billion During the 2017 Bull Run appeared first on CryptoSlate. дальше »
2018-7-9 03:36 | |
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Korean Banks are Holding Nearly $2 Billion in Crypto Like Bitcoin and Ethereum
Yonhap, a mainstream media outlet in South Korea, reported that commercial banks in the country are holding nearly $2 billion worth of cryptocurrencies. The post Korean Banks are Holding Nearly $2 Billion in Crypto Like Bitcoin and Ethereum appeared first on CryptoSlate. дальше »
2018-7-9 03:36 | |
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Korean Banks Held $1.79 Billion in Crypto During the 2017 Bull Run
Yonhap, a mainstream media outlet in South Korea, reported that commercial banks in the country are holding nearly $2 billion worth of cryptocurrencies. The post Korean Banks Held $1.79 Billion in Crypto During the 2017 Bull Run appeared first on CryptoSlate. дальше »
2018-7-9 03:36 | |
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South Korea Moving Towards Cryptocurrency Acceptance
South Korea is continuing to legitimize and embrace cryptocurrency through a careful and considered approach. ‘The regulator isn’t opposed to cryptocurrencies’ On May 19, Bitcoinist reported that Korean regulators had agreed to apply the G20’s set of “unified regulations” in regards to cryptocurrencies. дальше »
2018-7-8 06:00 | |
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South Korea Likely to Unwind Cryptocurrency Rules to Coordinate with the G20 Directives
Earlier this year, top financial heads of the G20 country had a discussion for cryptocurrencies and their role in the global economy. At that time, the leaders pledged for having “unified regulations” towards the functioning of digital currencies. дальше »
2018-7-7 11:48 | |
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South Korea Likely to Relax Cryptocurrency Rules to Cooperate with the G20 Directives
The SEC said that it has made revisions to its rules to apply strengthened policies in order to prevent or detect money laundering and illegal activities because they aren't opposed to cryptocurrencies. дальше »
2018-7-7 10:23 | |
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South Korea, Japan & Malta are Leading the Crypto-Friendly Regulatory Charge
Cryptocurrency-Friendly Legislation is Set In South Korea, Japan and Malta It looks like we are seeing the dawn of a new age as cryptocurrencies and blockchain are finally receiving friendly legislation all over the world. дальше »
2018-7-6 01:26 | |
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BTCC CEO Bobby Lee: Investors in China are Still Trading Crypto Even After Bitcoin Ban
At the Blockchain Open Forum in Seoul, South Korea, China’s first crypto exchange BTCC CEO Bobby Lee said that investors in China are still trading cryptocurrencies even after the Chinese government imposed a ban on crypto trading in September 2017. дальше »
2018-6-30 14:00 | |
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South Korea Thinks Real-Name System is Working – Stepping Up Crypto Monitoring
South Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country. дальше »
2018-6-29 16:55 | |
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Its Stance on Crypto To Become Blockchain Haven South Korea Reviews
Brief history of crypto regulation in South Korea South Korea has been closely regulating the crypto industry. The demand for crypto was so high that cryptocurrencies were traded at prices more than 30 percent higher than in other countries. дальше »
2018-6-29 16:34 | |
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Bitcoin Falls Underneath $5900 to Wrap Up a Melancholy 2018 To begin with Half – Bloomberg
The digital currency slid to about $5,861 early Friday, according to composite Bloomberg pricing, touching the lowest since November. Rival coins including Ethereum, Ripple and Litecoin also retreated. дальше »
2018-6-29 11:52 | |
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Bithumb Recovers Half of Stolen Funds From $31 Million Hack
Last week, Bithumb – one of South Korea’s largest digital currency exchanges – was hacked for $31 million in various cryptocurrencies. Announced on June 28, 2018, Bithumb confirmed the recovery of nearly half the stolen funds. дальше »
2018-6-29 10:57 | |
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Bithumb Reveals 11 Cryptocurrencies Lost and Plan to Compensate Customers
South Korean crypto exchange Bithumb has announced the 11 cryptocurrencies stolen in last week’s theft and the amount of each coin missing. A compensation plan has also been unveiled for the equivalent value of the lost coins in an undetermined cryptocurrency. дальше »
2018-6-29 04:55 | |
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