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Bithumb looses bank support and halts new virtual accounts registration
South Korean cryptocurrency exchange Bithumb failed to renew its contract with the bank to service customers' accounts. Under current legislation, the exchange no longer has the right to open new accounts. дальше »
2018-8-2 22:55 | |
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Korean Authorities Looking into Possible ShipWreck ICO Scam
The authorities in South Korea are working round the clock to unravel a possible crypto investment scam, involving Shinil Group, a Seoul-based firm, which allegedly offered to pay investors in gold, from a Russian ship that sank 113 years ago. дальше »
2018-8-1 18:20 | |
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Blockchain Platform to Allow Users to Trade Gold for Virtual Currencies
A company is creating a blockchain ecosystem where gold can be traded for virtual money, and it has established a partnership with a major Korean exchange #SPONSORED
дальше »2018-8-1 11:49 | |
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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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Korean Government Seeks to End Tax Breaks for Cryptocurrency Exchanges
The government of South Korea is considering a revision of a law which offers considerable tax benefits to cryptocurrency exchanges. A statement by the Korean government quoted in Coindesk today states that “cryptocurrency transaction brokerage is not effective in generating added value. дальше »
2018-8-1 02:36 | |
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South Korea is Pioneering Cryptocurrency Research Centers For Mass Adoption
South Korean Crypto Research Centers Means Mass Adoption? Business Korea, a local media source, reported that the country has started to launch cryptocurrency research centers. The purpose of such centers is to provide potential investors with the information and knowledge necessary to make smart investments and to promote the mass use of cryptocurrency as well. […] дальше »
2018-7-31 11:19 | |
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Korean Government Seeks to End Tax Breaks for Cryptocurrency Exchanges
The government of South Korea is considering a revision of a law which offers considerable tax benefits to cryptocurrency exchanges. A statement by the Korean government quoted in Coindesk today states that “cryptocurrency transaction brokerage is not effective in generating added value. дальше »
2018-7-31 03:05 | |
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South Korea’s amended tax system does not offer any major benefit to Crypto transactions
Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. On Monday, the South Korean government proposed some changes to the existing law structure. дальше »
2018-7-30 19:05 | |
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The Korean government is paying taxes
Cryptocurrency exchanges in South Korea may soon lose eligibility for significant tax benefits currently granted to smaller companies. A proposed revision to the existing tax law, announced by the South Korean government on Monday, would exclude crypto exchanges from the category of startups or small and medium enterprises (SMEs) that can claim a tax cut дальше »
2018-7-30 16:02 | |
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South Korean authorities to deprive cryptocurrency exchanges of tax benefits
The government of South Korea considers necessary to exclude cryptocurrency exchanges from the category of legal entities with tax privileges. The reason is insufficient added value of such business. дальше »
2018-7-31 14:41 | |
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Korean Government Seeks to Strip Tax Perks From Crypto Exchanges
Cryptocurrency exchanges in South Korea may soon lose eligibility for tax benefits currently granted to smaller companies and startups. дальше »
2018-7-30 12:00 | |
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Some Cryptos Trading 500% Higher on Bithumb, Market Manipulation Woes
Bithumb traders have recently experienced an abnormal surge in the price of some crypto, with tokens like Ethos trading six times over its average value only on the South Korean exchange. Many traders began to attribute these ludicrous prices to the Kimchi Premium, which local cryptocurrency traders have grown accustomed to over the most recent months. дальше »
2018-7-30 08:04 | |
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Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange
A South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange. дальше »
2018-7-29 08:45 | |
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Binance CEO talks about the company’s growth and the South Korean cryptocurrency market
In the recently concluded Blockchain Partners Summit 2018, Chanpeng Zhao “CZ”, the CEO of Binance touched upon the company’s growth story, the Binance perspective and the regulation of cryptocurrency rules in countries. дальше »
2018-7-28 13:13 | |
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South Korean Regulator Compels Lawmakers to pass the crypto bill urgently
Regulation South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. Japan Confirms Entrance Into the Crypto Space Crypto Law Urgently Needed South Korea’s top financial regulator, the Financial Services Commission (FSC), has urged lawmakers to “pass the country’s дальше »
2018-7-28 11:06 | |
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South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently
South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. There are currently several crypto-related laws pending at the National Assembly. дальше »
2018-7-28 09:45 | |
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Smarphones Safer Tahn Laptops for Crypto Transsactions < Per Samsng
South Korean tech giant Samsung has explained why smartphones are better devices for crypto transactions than laptops. Electronics giant Samsung has announced that smartphones, not laptops, are the best devices when trading cryptocurrency from the point of view of security. дальше »
2018-7-27 13:54 | |
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Korean Regulators Call for Urgent Passing of Crypto Laws
Reports from Bloomberg today have revealed that Korea’s financial regulators are urging lawmakers to quickly pass cryptocurrency legislation to protect investors from under-securitized exchanges. The Bloomberg article states that local exchanges are “rife with security flaws and money-laundering risks”. дальше »
2018-7-27 12:25 | |
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Smartphones Replace Laptops as the Safest Device for Cryptocurrency Transactions, Says Samsung
South Korean tech giant Samsung has explained why smartphones are better devices for crypto transactions than laptops. It is a matter of different ways of storing the data. The post Smartphones Replace Laptops as the Safest Device for Cryptocurrency Transactions, Says Samsung appeared first on CoinSpeaker. дальше »
2018-7-27 11:48 | |
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Korea Needs To Establish Cryptocurrency Regulations, Now
Cryptocurrency fraud and crime is rife in South Korea. This year alone with have seen countless reports of fraud and hacks taking place within the country in instances that could have otherwise been stopped with adequate regulation. дальше »
2018-7-27 00:30 | |
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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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Korean Regulators Call for Urgent Passing of Crypto Laws
Reports from Bloomberg today have revealed that Korea’s financial regulators are urging lawmakers to quickly pass cryptocurrency legislation to protect investors from under-securitized exchanges. дальше »
2018-7-27 23:28 | |
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South Korean Govt Speeds up Legalising Crypto Market Bill
As the cryptocurrency industry reels under pressure due to the high number of crypto crimes and continued security threats, the Regulators urged the government of South Korea to bring in new legislation at the earliest. дальше »
2018-7-27 22:12 | |
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Korean Regulator Urges Haste on Crypto Bill After Exchange Hacks
An executive at the Financial Services Commission has called on politicians to pass a bill regulating cryptocurrency exchanges "as soon as possible." дальше »
2018-7-26 19:00 | |
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Binance’s South Korea Expansion Plan: Exchange Doesn’t Deny but Plays Down Hype
Crypto traders in South Korea could soon have direct access to Binance’s trading platform. According to a speculative report circulating in the Korean media, the largest cryptocurrency exchange in the world (by trading volume) is preparing to tap in on South Korea’s booming digital asset market by setting up a regional office in the country. дальше »
2018-7-26 17:28 | |
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Decentraland and Next Reality Partners to Foster Blockchain Gaming in South Korea
Decentraland (MANA), the first ever virtual platform wholly owned by its users, announced on its official blog that it has joined forces with the South Korean government-sponsored Next Reality Partners Program. дальше »
2018-7-26 12:00 | |
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Binance Prepares to Enter the South Korean Market
Binance is preparing to expand into South Korea, having already hired Koreans for some local positions. CEO Changpeng Zhao has stressed the importance of the Korean market, noting that some Koreans are already using Binance, especially to trade newer coins. дальше »
2018-7-26 10:15 | |
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Korean Authorities to Legitimize Crypto Market as Soon as Possible to Prevent Hacks
The government of South Korea and local financial authorities are planning to pass the country’s first crypto and blockchain legislation as early as possible, to legitimize and strictly oversee the local cryptocurrency industry. дальше »
2018-7-26 09:30 | |
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Binance Exchange Looks Set to Enter the Cryptocurrency Market in South Korea
Binance appears to be keen on entering the South Korean cryptocurrency market. The top-ranked cryptocurrency exchange platform based on trading volume has announced plans to establish about three to five enterprises in the country by the end of 2018. дальше »
2018-7-26 09:12 | |
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Binance Prepares to Enter the South Korean Crypto Market
Binance is a cryptocurrency exchange which continues to make headlines on a regular basis. In its latest move, the company is trying to make inroads into South Korea, which is the world’s leading cryptocurrency market as of right now. дальше »
2018-7-26 21:00 | |
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Binance Eyes Up South Korea as Next Conquest
Days after marking its first-year anniversary, leading exchange Binance is reportedly poised to enter South Korea. Seeing more than $600 million worth of cryptocurrency traded every day, the South Korean market is the fifth-most active in the world. дальше »
2018-7-26 20:00 | |
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Binance Exchange Looks Set to Enter the Cryptocurrency Market in South Korea
Binance appears to be keen on entering the South Korean cryptocurrency market. The top-ranked cryptocurrency exchange platform based on trading volume has announced plans to establish about three to five enterprises in the country by the end of 2018. дальше »
2018-7-25 01:32 | |
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Top S. Korean Telephone Company Reveals Blockchain Network
State-owned KT Corporation, South Korea’s largest telephone company, has announced the launch of its blockchain-powered commercial network. The firm has built a blockchain layer on top of its existing nationwide network in order to make it “more secure and transparent,” according to an article by The Korea Herald published Tuesday, July 24. The news outlet дальше »
2018-7-25 00:32 | |
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Binance Plans to Expand Into South Korea
Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea. Per the report, Binance CEO Changpeng Zhao hinted at his company's expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend. дальше »
2018-7-25 00:26 | |
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Unconfirmed: Binance to enter South Korean Market – A new dawn set to rise?
While the whole market is rejoicing the cryptocurrency bull run, Binance, one of the biggest cryptocurrency exchange platform is all set to enter the South Korean market. The news is reported by a local news portal, Korea Business but has not been confirmed by Binance. дальше »
2018-7-25 22:50 | |
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South Korean KT Corp Becomes the First to Launch Commercial Blockchain-based Network
KT Corporation will use the blockchain technology to streamline several of its processes including energy trading, data roaming and ID verification. The post South Korean KT Corp Becomes the First to Launch Commercial Blockchain-based Network appeared first on CoinSpeaker. дальше »
2018-7-25 21:52 | |
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Binance Crypto Exchange Rumors Surface of South Korean Expansion
Binance Plans To Enter South Korean Market Binance, one of the largest cryptocurrency exchange platforms, is ready to enter the South Korean market. The news is reported by a local news portal, Korea Business, but has not been confirmed by Binance. дальше »
2018-7-24 20:56 | |
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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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Binance Plans to Enter South Korea
Binance, the world’s largest cryptocurrency exchange by trading volume, is purportedly about to enter the South Korean market. Binance Expanding to South Korea The world’s most popular cryptocurrency exchange is supposedly planning to continue its expansion by entering the South Korean market, according to Business Korea. дальше »
2018-7-24 17:30 | |
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