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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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Ubank Mobile App (with Ubcoin as its integral part) Signs Pre-Installation Deal With LG
The mobile payments app Ubank will be pre-installed by the South Korean company LG Electronics on its smartphones, which will become gradually available in various world markets. The Ubank app is already pre-installed by Samsung in 10 countries. дальше »
2018-7-9 19:59 | |
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Korea’s Telecom Giant: Country’s Biggest Crypto Exchange Hack Caused by APT
For the third time in two years, Bithumb, South Korea’s biggest crypto exchange, was hacked in June 2018. SK, the country’s telecom giant, stated that the hack was likely caused by APT attacks. The post Korea’s Telecom Giant: Country’s Biggest Crypto Exchange Hack Caused by APT appeared first on CryptoSlate. дальше »
2018-7-9 17:00 | |
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Policy revocation, New Krypto classification in South Korea
While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment. дальше »
2018-7-9 11:26 | |
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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 Regulations: Policy Alteration, New Crypto Classic, Central Bank Report
While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment. дальше »
2018-7-9 09:46 | |
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Policy Easing, New Crypto Classification in South Korea
South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. дальше »
2018-7-9 08:15 | |
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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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Bank of Korea: Crypto Has Low Risk to Local Finance MArket
According to South Korean central bank the Bank of Korea (BOK), the outstanding balance of virtual currency accounts in domestic banks totalled $1. 79 billion as of Dec. 2017, local news outlet Yonhap reported Friday, July 5. дальше »
2018-7-9 01:49 | |
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Kingdom Trust Crypto Custodian Service Adds Zcash (ZEC) & Stellar (XLM)
South Dakota Based Kingdom Trust Adds Zcash And Stellar Lumens to their list of crypto investments Zcash (ZEC) and Stellar Lumens (XLM) have recently been added to the list of acceptable cryptocurrency investments on Kingdom Trust’s platform. дальше »
2018-7-8 22:41 | |
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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 Africa Sees Increased in Cryptocurrency Transactions
South Africa, the continent’s second-largest economy, continues to experience a cryptocurrency boom despite the price downturns experienced in the market so far in 2018. As a result, many South Africans have increased their focus on cryptocurrency with a particular interest in Bitcoin. дальше »
2018-7-8 05:01 | |
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Cryptocurrency Continues to Thrive in South Africa
The popularity of cryptocurrency is not just restricted to Europe, Asia, and North America. South Africa, the continent’s second-largest economy, continues to experience a cryptocurrency boom despite the price downturns experienced in the market so far in 2018. дальше »
2018-7-8 03:00 | |
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Korea Will Fuel the Development of dApps and Base Blockchain Layers Like Ethereum, EOS and NEO
Local publications reported that the government of South Korea finalized plans to legitimize the cryptocurrency exchange market and the blockchain sector with a newly created regulatory framework. дальше »
2018-7-7 23:00 | |
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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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Ubank (with Ubcoin as its integral part) Signs Pre-Installation Deal With LG
The mobile payments app Ubank will be pre-installed by the South Korean company LG Electronics on its smartphones, which will become gradually available in various world markets. The Ubank app is already pre-installed by Samsung in 10 countries. дальше »
2018-7-7 22:55 | |
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South Korea Admits Crypto Exchanges Being Regulated Financial Institutions
From now on the cryptocurrency exchanges of South Korea form a new industry named “Cryptocurrency Exchange and Brokerage” able to operate at a large capacity with full government support. The post South Korea Admits Crypto Exchanges Being Regulated Financial Institutions appeared first on CoinSpeaker. дальше »
2018-7-7 20:52 | |
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Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions
From now on the cryptocurrency exchanges of South Korea form a new industry named “Cryptocurrency Exchange and Brokerage” able to operate at a large capacity with full government support. The post Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions appeared first on CoinSpeaker. дальше »
2018-7-6 20:52 | |
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South Korea Recognizes Crypto Exchanges With Launch of Blockchain Classification System
South Korea has taken another step towards the legitimization of cryptocurrency with the announcement of a new regulatory initiative that will see blockchain platforms and businesses governed by a new classification system. дальше »
2018-7-6 09:00 | |
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