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South Korea reportedly set to approve cryptocurrency-focused fund
Regulators in South Korea are reportedly set to give the green light for the country’s first crypto-related investment fund.
дальше »2021-4-29 18:30 | |
Another South African Company Reveals Plans to List a Crypto ETF on Local Stock Exchange
Fresh reports from South Africa suggest another local company, Sygnia, is set to apply to the Johannesburg Stock Exchange (JSE) to list a new cryptocurrency exchange-traded fund (ETF). This application will be the second time Sygnia has attempted to list the crypto ETF. дальше »
2021-4-21 09:30 | |
Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange?
A Korean crypto company had ambitious plans to launch a Bitcoin exchange-traded fund (ETF) in the crypto-frenzied market last week. The post Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange? appeared first on CryptoSlate. дальше »
2021-4-8 04:00 | |
South Africa: FNZ Unveils Blockchain-based Solution for Funds Sector
Blockchain technology is being utilized for fund trading and settlement solutions by FNZ. FNZ Unveils ChainClear Solution According to a recent report by Ledger Insights, FNZ – a firm committed to enhancing client engagement, lowering costs, and delivering a seamless service to aid people achieve their financial goals – has launched ChainClear, a blockchain-enabled fundRead More дальше »
2021-3-25 15:00 | |
BGBF-I goes live as South East Asia’s first-ever insured Bitcoin fund
Malaysia-based BCMG Genesis Bitcoin Fund-I (BGBF-I) has launched as South East Asia’s first insured Bitcoin fund. A press release disclosed this news on March 8, noting that the fund aims to meet the increasing interest in the crypto space by accredited institutional and corporate investors. дальше »
2021-3-11 15:42 | |
Bitcoin ETF Launches in Malaysia in Regional First
Another One, In Another Place A Malaysian Bitcoin exchange-traded-fund (ETF) will be the first insured fund to launch in the South East Asia (SEA) region. The launch comes as the first in the region, which sees growing institutional interest in the cryptocurrency space. дальше »
2021-3-10 22:42 | |
Crypto exchange Upbit shows over 100% user fund capitalization in audit report
Upbit, a South Korean-based cryptocurrency exchange, released today its latest audit reports showing over 100% user fund capitalization in both crypto and fiat. The ‘Digital Assets and Fiat Deposit Audit’ report, was completed by JIAN Accounting Corporation as of Jan 1st, 2021. дальше »
2021-1-22 18:35 | |
South Korea’s Largest Bank Unveils Bitcoin Custody Services
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with the Korean Intellectual Property Office. дальше »
2020-8-9 06:30 | |
South Korea to Decide On the Future of $380M Blockchain Fund
The blockchain development fund is earmarked for technology projects that could transition the country to a data economy over the next five years. South Korea’s Ministry of Science, ICT and Planning this month will make a decision on the launch of a multimillion-dollar fund aimed at blockchain development. дальше »
2020-5-19 12:32 | |
South Korea Plotting $400 Million Blockchain War Chest to Challenge China
South Korea’s government is reportedly exploring a $400 million blockchain R&D fund to boost its emerging digital economy and stay apace with China’s growing dominance in the sector. According to ZDNet Korea, the country’s Ministry of Science and Technology will at the end of the month decide on whether to move forward with a planned […] The post South Korea Plotting $400 Million Blockchain War Chest to Challenge China appeared first on BeInCrypto. дальше »
2020-5-15 23:11 | |
South Korea: Blockchain R&D Fund Worth $400 Million Under Consideration by Government
Amid growing concerns of China pulling away in the emerging digital economy, South Korea’s government is set to invest $400 million in blockchain research and development (R&D) as the country looks to revamp its digital technology sector. дальше »
2020-5-15 21:07 | |
South Korean Govt to Fund $3.2M to Blockchain Startups That Create Economic, Social Value
The Government of South Korea has made yet another progressive move to support blockchain development after it announced $3.2 million funding to startups. This initiative is a collaboration of the country’s Ministry of Science & ICT (Information and Communications Technology) together with the National Institute of Information and Communication Industry Promotion (NIPA). According to a […] дальше »
2020-3-18 15:38 | |
Bakari supports the launch of the first property-backed security token in Africa
Bakari is supporting the launch of the Flyt token, which allows investors to subscribe for, transfer and redeem shares in the Flyt Hospitality Fund, an existing South African fund investing in Apart-Hotels in Cape Town. дальше »
2020-2-18 12:53 | |
South African Central Bank Rolls Out New Rules for Digital Assets
The South African Reserve Bank (SARB) is planning on new rules for the usage of digital assets, in a bid to stop illegal fund transfers. New Rules for Crypto Usage May Attempt to Limit Transfers According to local news reports, cited by BusinessReport, the new rules will be applied by the end of the first quarter in 2020. дальше »
2019-12-2 15:06 | |
Hyundai’s Blockchain Arm to Set Up $10M Fund for Mainnet Launch: Report
Hdac Technology, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group, plans to set up a $10 million blockchain investment fund in 2019
дальше »2019-10-9 15:07 | |
South Korea: Hyundai’s Crypto Arm Set to Launch Mainnet, dApps
According to an October 6, 2019, report by South Korean media outlet The Financial News, Hyundai’s blockchain and cryptocurrency arm, Hdac, is set to invest $10 million in the industry to develop its own mainnet, decentralized applications (dApps), and fund other burgeoning startups with high potential and ceiling in the space. дальше »
2019-10-8 13:00 | |
UN Accuses North Korea Of Being Responsible for Cyberattacks in 17 Countries
The United Nations have recently accused South Korean hackers and the government of being responsible for carrying out 35 cyberattacks. According to the UN, 17 countries were affected by the attacks, which were allegedly orchestrated in order to fund the development of mass destruction weapons. Now, a new report has been published and they claim […] дальше »
2019-8-13 22:10 | |
The richest in South Korea are actively investing in crypto, showing big interest
A subsidiary of SK Group, one of the largest conglomerates in South Korea that operates the nation’s biggest telecommunications company SK Telecom, is set to invest in a crypto fund created by ConsenSys. дальше »
2019-7-8 11:00 | |
South African Raking in $155,000 a Day Suspected of Running a Ponzi Scheme
A South African man running a Bitcoin investment fund in KwaZulu- Natal is suspected to be running a Ponzi scheme, as early investors have seen huge returns. The man was unwilling to talk to local media about his business plan and he how generates returns for his customers. дальше »
2019-6-18 19:00 | |
Infographic: An Overview of Compromised Bitcoin Exchange Events
The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2. дальше »
2019-5-25 21:56 | |
Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
24 Countries and IMF Discuss Global Standards of Crypto Regulation
Twenty-four financial authorities and 11 international organizations, including the International Monetary Fund and the World Bank, recently gathered in New York and discussed global standards of crypto regulation. дальше »
2019-4-29 12:22 | |
Mueller Report: Russia Used Bitcoin to Fund DNC Hacks
An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims. дальше »
2019-4-19 23:21 | |
South Korea: Bithumb Exchange Operator Gains $200 Million From Japanese Investment Fund
$200 million for Bithumb parent company sees expansion plans confirmed
дальше »2019-4-16 11:24 | |
Bitcoin at $5,000: What Has Changed Since 2017
This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019. дальше »
2019-4-4 18:42 | |
VELIC Secures Investment from Japanese Venture Capital, B Dash Ventures
Hiroyuki Watanabe, CEO of B Dash Ventures, joins as an advisor for VELIC VELIC, a digital asset platform based in Singapore, announced an investment from a fund managed by B Dash Ventures, a prominent venture capital in Japan. дальше »
2019-4-3 07:02 | |
PANTHEON X Bridging the Gap Between Retail Investors and Cryptofunds
PANTHEON X is gearing up to deliver incredible solutions in 2019 launching a platform that will change the way people invest in crypto funds. (March 29, 2019; Seoul, South Korea) 2018 was a rough year for cryptocurrency markets, but the market is far from dead, and many are looking for the best opportunity to get back in. дальше »
2019-3-29 13:05 | |
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 | |
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 | |
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 | |
South Korea’s First Crypto Fund Shut Down Over Regulatory Pressure
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. дальше »
2018-11-14 08:05 | |
Korean Exchange Terminating After Regulator Crackdown
Cryptocurrency exchange Zeniex has announced that it is terminating all services after South Korea’s financial authorities started cracking down on unauthorized crypto funds. The exchange is asking its customers to withdraw their cryptocurrencies before the end-of-service date. дальше »
2018-11-11 10:10 | |
Daily Byte: Monday, November 12, 2018
An exchange cuts and runs, South Korea pushes crypto fund to close, IBM takes on scientific research, and Swedish man sentenced.
дальше »2018-11-13 01:52 | |
Crypto Regulation Roundup: More Cryptocurrency Control Urged in South Korea and Thailand, France Plans to Ease Crypto Taxes
South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent them from being used to fund terrorism. дальше »
2018-11-9 00:00 | |
South Korea Cracks Down on Unauthorized Cryptocurrency Funds
South Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund. дальше »
2018-10-31 02:00 | |
Company Uses Junk Bonds to Convert Aluminum Smelter into a Giant Mining Operation
Coinmint LLC is turning to junk lending in order to fund a massive new mining operation. The project will repurpose a now-closed industrial site. Coinmint LLC is in the midst of a project to transform an aluminum smelter into a massive crypto mining operation by turning to the debt market. дальше »
2018-10-29 16:00 | |
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 | |
Bitcoin Cash Association to Fund Eatbch Charity in $1,000 BCH per Month
On Oct. 24, the community-driven Bitcoin Cash Association announced a new initiative where $1,000 worth of bitcoin cash will be sent to the two Eatbch campaigns in Venezuela and South Sudan every month. дальше »
2018-10-25 02:55 | |
Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil
Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. дальше »
2018-10-10 22:30 | |
Gov’t of South Korea is Endorsing Crypto and Blockchain Like No Other Region
South Korea is leading an example of being the world’s most hospitable regions for crypto and blockchain entrepreneurs. The world’s eleventh-largest economy has committed a $100 million fund to develop its capital Seoul as a center of blockchain innovation. дальше »
2018-10-9 12:10 | |