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South Korea to tax crypto income from next year
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. дальше »
2020-5-28 15:52 | |
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LG CNS Partners Evernym to Develop Blockchain-Powered Identity System
According to an article published by Yonhap News Agency on May 26, 2020, South Korea’s LG Group’s IT service unit – LG CNS Co. – has entered into a partnership with Canada-based Evernym Inc. to develop blockchain-enabled ID system. дальше »
2020-5-27 13:00 | |
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Bitcoin: Africa might become the 'leading crypto continent in the next 5 years'
As government-backed fiat is failing to support people during global uncertainties, more and more people are turning towards crypto and the fact that many countries like India, South Korea, Germany, aThe post Bitcoin: Africa might become the 'leading crypto continent in the next 5 years' appeared first on AMBCrypto. дальше »
2020-5-25 23:00 | |
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Chinese Officials Propose East Asian Stablecoin
Chinese officials proposed a regional stablecoin backed by four major Asian currencies. The proposed digital currency is meant to stimulate trade between China, Japan, and Korea. A Cross-Border Currency Shen... The post Chinese Officials Propose East Asian Stablecoin appeared first on Crypto Briefing. дальше »
2020-5-22 05:40 | |
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ProBit Exchange Features Mukbang AMA on Its Very First Online Meetup on Bitcoin Pizza Day
Fresh off their new #38 ranking on Coinmarketcap as the 4th biggest exchange in Korea, ProBit Exchange is now launching their very first online meetup on Bitcoin Pizza Day on May 22, 2020, 6:00 PM KST. дальше »
2020-5-21 15:28 | |
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South Korea: Central Bank Conducts Research Into Global Adoption of CBDCs
The South Korea central bank, the Bank of Korea (BoK) recently released a paper detailing its research into the adoption and advancement of central bank digital currency (CBDC) across different central banks globally. дальше »
2020-5-21 01:00 | |
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Chainlink (LINK) Partners South Korea’s Klaytn Blockchain Project for Oracle Solutions
South Korean Internet giant Kakao’s public blockchain network Klaytn has inked a partnership with leading decentralized oracle Chainlink (LINK) to leverage the latter’s open-source oracle network to give smart contracts secure and reliable access to data providers. дальше »
2020-5-21 23:07 | |
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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 | |
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Samsung выпустил первый в мире 5G смартфон с блокчейн-аутентификацией
Южнокорейский телекоммуникационный оператор SK Telecom представил выпущенный Samsung первый в мире 5G смартфон Galaxy A Quantum с интегрированной службой аутентификации ID на базе блокчейна. Galaxy A Quantum launched in South Korea as SK Telecom exclusive https://t. дальше »
2020-5-15 13:44 | |
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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 | |
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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 | |
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South Korea: Unlisted Stock Trading Platform “Be My Unicorn” Taps Blockchain for Trading Efficiency
South Korean financial services startups including Koscom, are now leveraging the immutability property of distributed ledger technology (DLT) to curb forgery in the trading of unlisted stocks, while also boosting the efficiency of the platforms, reports BusinessKorea May 11, 2020. дальше »
2020-5-12 19:00 | |
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3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions […] The post 3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet appeared first on Bitcoin News. дальше »
2020-5-7 01:05 | |
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3 Countries That Panicked Early are Reporting ‘0’ New COVID-19 Cases
S. Korea ends social distancing, New Zealand reported no new coronavirus cases for 2 consecutive days, and Taiwan's cases are at a standstill. The post 3 Countries That Panicked Early are Reporting ‘0’ New COVID-19 Cases appeared first on CCN.com дальше »
2020-5-5 15:37 | |
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South Korea: Revised crypto-guidance to encourage budding projects, entrepreneurs
The crypto-scene in Asia, at the moment, is not very pretty. While BitMEX Japan shut down operations recently owing to the newly amended crypto-regulations as per the Japan Payment Services Act, SouthThe post South Korea: Revised crypto-guidance to encourage budding projects, entrepreneurs appeared first on AMBCrypto. дальше »
2020-5-2 16:00 | |
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Will Asia's tightening of crypto-regulations threaten its 'crypto-hub' position?
Asia has been called the 'crypto-hub' of the world for a long time now. Countries like Japan, Singapore, South Korea, and China have all recorded significant growth in the space over the past few yearThe post Will Asia's tightening of crypto-regulations threaten its 'crypto-hub' position? appeared first on AMBCrypto. дальше »
2020-5-1 11:00 | |
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Crypto Exchange ProBit Retains #5 Rank in Korea as PROB Continues to Rocket to New Highs
ProBit Exchange further secured its #5 slot among Korean exchanges through a massive increase of 726,010 users from February to March and one of the key elements behind this consistent development has been the steady increase of PROB token holders. дальше »
2020-5-1 18:37 | |
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IOST Partners with South Korea’s dKargo to Explore Blockchain’s Potential in Logistics Industry
Enterprise-geared scalable blockchain project IOST (IOST) has joined forces with its new partner node, the South Korea-based decentralized global logistics project dKargo. The two entities will work together to leverage the benefits of distributed ledger technology (DLT) in the logistics industry, per an announcement dated April 28, 2020. дальше »
2020-4-29 22:14 | |
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Why Kim Jong-un’s Rumored Death Could Rattle The Crypto Markets
North Korea’s leader, Kim Jong-Un, has not been seen in public for over two weeks now. Several publications are now reporting that he is brain-dead after a sloppy cardiovascular surgery that left him in a “vegetative state”. дальше »
2020-4-28 16:37 | |
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North Korea’s Alleged $670M Cryptocurrency Stash in Question Amid Rumors of Kim Jong-Un’s Death
North Korea is thought to hold some $670M in Bitcoin and other cryptocurrencies — if not more. However, the fate of this big bag of digital currencies is uncertain as rumors swirl about the death of Kim Jong-un. дальше »
2020-4-27 09:10 | |
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No, Kim Jong Un’s “Vegetative State” Won’t Cause a Bitcoin Crash
It’s only April but 2020 has already been a crazy year: Bitcoin crashed 50% in a 36-hour time frame, the outbreak of COVID-19 has started, the price of oil went negative as recession fears have mounted, and, according to reports, North Korea’s leader is in a condition of poor health, which has sparked a response... дальше »
2020-4-26 04:00 | |
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This top crypto company is returning to work as South Korea coronavirus outbreak slows
At long last, the coronavirus outbreak is starting to slow. As a result, individuals in some parts of the world have been allowed to go back to work. One crypto company is benefiting from this trend. дальше »
2020-4-22 23:50 | |
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Bitcoin: Are current crypto-tax laws hindering coin's adoption?
Crypto-taxing has been talked about a lot lately. While South Korea's regulators recently stated that taxes cannot be imposed on crypto-profits, Spain’s tax agency, the Agencia Estatal de AdministraThe post Bitcoin: Are current crypto-tax laws hindering coin's adoption? appeared first on AMBCrypto. дальше »
2020-4-19 00:30 | |
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US Officials Warn of Possible Bank Hacks by North Korea
Officials have warned that there are ongoing threats against the US financial system by cybercriminals based in North Korea. There has been no explanation for what prompted the warning. Could North Korea be looking to destabilize the U. дальше »
2020-4-17 20:10 | |
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US Agencies Publish List of North Korea’s Alleged Crypto Crimes
The US government urged countermeasures to stymie North Korea's billion-dollar cybercrime campaigns. дальше »
2020-4-16 21:05 | |
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Huobi Korea Delists Monero Over Nth Room Case, Bithumb May Follow
Reports have emerged that participants in a Korean-based sexual exploitation ring used Monero for criminal acts. As a result, Bithumb is considering delisting the cryptocurrency. Huobi has already dropped it from its Korean exchange. дальше »
2020-4-11 16:30 | |
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Why a Central Bank Digital Currency (CBDC) Will Be Launched Soon
Quick take: The three major economies of China, France, and South Korea have recently been linked with expressing interest in launching their own Central Bank Digital Currencies. Interest in crypto by private citizens has risen slowly but surely after numerous signs of a global recession. дальше »
2020-4-11 16:29 | |
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How CROSS ENF Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple
For many years, South Korea’s $33 billion remittance market was controlled by the country’s banks. When new regulations allowed non-bank companies to enter the market in 2017, Cross Enf (formerly known as Coinone Transfer) partnered with SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, to create Cross, South Korea’s first blockchain-based remittance … Continued The post How CROSS ENF Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple appeared first on Ripple. дальше »
2020-11-19 21:33 | |
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How Cross Enf Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple
For many years, South Korea’s $33 billion remittance market was controlled by the country’s banks. When new regulations allowed non-bank companies to enter the market in 2017, Cross Enf (formerly known as Coinone Transfer) partnered with SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, to create Cross, South Korea’s first blockchain-based remittance … Continued The post How Cross Enf Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple appeared first on Ripple. дальше »
2020-10-22 21:33 | |
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How Coinone Transfer Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple
For many years, South Korea’s $33 billion remittance market was controlled by the country’s banks. When new regulations allowed non-bank companies to enter the market in 2017, Coinone Transfer partnered with SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, to create Cross, South Korea’s first blockchain-based remittance service. дальше »
2020-4-11 21:33 | |
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Bithumb Global Launches 5X Margin Trading For BTC and ETH Paired With USDT
South Korea’s biggest crypto exchange platform Bithumb has announced the introduction of leverage trading for both Bitcoin as well as Ether (ETH) on the global platform, Cointelegraph reports. According to the exchange, the move was necessitated by a sudden increase in demand for crypto services owing to the ongoing global lock down. However, the new […] дальше »
2020-4-8 21:06 | |
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South Korean Central Bank to Roll Out Pilot Program to Test CBDC Through Dec 2021
On April 6, South Korea’s central bank has made the announcement that it started a pilot program for assessing the logistics of a central bank digital currency (CBDC). While the bank doesn’t plan to introduce a CBDC very soon, it still had created the pilot scheme to make sure that it’s prepared to do just […] дальше »
2020-4-7 19:01 | |
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South Korea’s Central Bank Initiates Pilot Scheme For Trialing Digital Won
The central bank of South Korea announced today the launch of a pilot scheme to test the viability of its own digital currency to replace its current payment systems. Although the Bank of Korea explicitly notes that it has no plans of issuing the digital currency immediately as there is still significant demand for cash, […] дальше »
2020-4-6 16:22 | |
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Central Bank of South Korea Introduces Pilot Program for Testing Digital Won
Coinspeaker Central Bank of South Korea Introduces Pilot Program for Testing Digital WonDigital won will pass extensive testing by the Bank of Korea staff. Per the official announcement, the program will last until December 2021. дальше »
2020-4-6 14:11 | |
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Bank of Korea Begins Central Bank Digital Currency Rollout
Talk of CBDCs may have taken a back seat for many world central banks right now. Yet, despite claiming there was no reason for one just a couple of months ago, the Bank of Korea has unveiled a 22-month pilot plan. дальше »
2020-4-6 14:00 | |
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Bitcoin now legal in South Korea, India, and “at par” with fiat in France
Against a grim macro outlook, there was some good regulatory news last month. A French court ruled that bitcoin is a legally recognized currency. The Indian Supreme Court overturned India’s crypto banking ban, and South Korea has now fully legalized crypto assets within its borders. дальше »
2020-4-5 16:00 | |
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Why Binance’s Expansion Into South Korea Might Greatly Benefit Ripple’s XRP
Binance, the world’s largest cryptocurrency exchange is set to launch a crypto-to-crypto exchange in South Korea through its cloud solution. According to a blog post on March 31, 2020, the new exchange is known as Binance KR and will be open for trading starting from April 4, 2020. дальше »
2020-4-1 13:44 | |
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3 Reasons a Coronavirus Second Wave Threatens China & South Korea
China and South Korea passed the peak of coronavirus. The risk of a second wave of the virus remains, and precautions cannot be softened. The post 3 Reasons a Coronavirus Second Wave Threatens China & South Korea appeared first on CCN.com дальше »
2020-3-28 16:41 | |
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South Korea Banking Giant Plans to Launch Crypto Custody Service
KB Kookmin Bank, South Korea’s largest bank, is planning to launch a crypto custodial service known as KB Digital Asset Custody (KBDAC). The entry of the South Korean financial giant into the crypto market could spark widespread adoption across financial institutions in the country. дальше »
2020-3-28 22:00 | |
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South Korea May Get A New Crypto Custodian After Largest Bank Files Trademark App
KB Kookmin Bank, the largest bank in South Korea, is preparing to launch its cryptocurrency custody service as soon as possible. As per the local news outlet Digital Today reported on March 27, KB Kookmin Bank filed a KBDAC trademark application in which it referred to the Digital Asset Custody subsidiary it proposed in January, […] дальше »
2020-3-27 18:10 | |
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South Korea's KB Kookmin moves ahead with crypto-custody service plans
KB Kookmin, South Korea's biggest commercial bank, is in between plans of launching a crypto-custody service for digital coins like Bitcoin (BTC) and Ether (ETH), according to a recent report. This deThe post South Korea's KB Kookmin moves ahead with crypto-custody service plans appeared first on AMBCrypto. дальше »
2020-3-27 15:26 | |
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Crypto trading platform MainBloq adds 30th exchange connection with Bithumb
MainBloq, providers of a modular platform enabling investors to seamlessly, efficiently, and intelligently trade cryptocurrencies, announced today the addition of Bithumb Korea. This means the platform is now connected with 30 exchanges; with more connections currently in development. дальше »
2020-3-27 04:07 | |
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