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South Africa set to license 60 crypto firms by end of month, says report
South Africa’s Financial Sector Conduct Authority (FSCA) is on track to award licenses to 60 crypto firms, as reported by Bloomberg on Wednesday. The development underscores the country’s commitment to embracing digital currencies and ensuring a secure and regulated environment for their operation. дальше »
2024-3-14 20:26 | |
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South Africa to license 60 crypto exchanges in regulatory milestone
South Africa is set to become one of the first countries in Africa to mandate licenses for crypto exchanges. дальше »
2024-3-14 18:48 | |
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South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg
Crypto companies that wanted to continue operating in the country had to apply for a license with the Financial Sector Conduct Authority from June 1. дальше »
2024-3-14 18:27 | |
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Bitcoin on Wheels: The Story of Bitcoinetas
Meet the Bitcoinetas, a fleet of transformative vehicles on a mission to spread the bitcoin message everywhere they go. From Argentina to South Africa, these unique cars are emblematic of hope and practical financial literacy. дальше »
2024-3-13 17:01 | |
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Kryptoplanet Champions Asia’s Web3 Future with BUIDL Asia and ETH Seoul 2024
Kryptoplanet (formerly known as KryptoSeoul), the leading blockchain community-building team in South Korea, announces the fifth edition of BUIDL Asia Week from 27th to 31st March 2024. This year’s event will unite visionaries, developers, and innovators from across the Web3 space to grow the BUIDL community and strengthen South Korea’s position as a global powerhouse … Continued The post Kryptoplanet Champions Asia’s Web3 Future with BUIDL Asia and ETH Seoul 2024 appeared first on BeInCrypto. дальше »
2024-3-12 14:15 | |
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How South Korea Plans to Build a Robust Crypto Taxation System
Amid Bitcoin's record highs and increasing crypto investments, South Korea targets 2025 to unveil a system ensuring fair taxation and combating illegal activities in the virtual asset sphere. The post How South Korea Plans to Build a Robust Crypto Taxation System appeared first on BeInCrypto. дальше »
2024-3-11 13:36 | |
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Korean tax service mulling new platform to monitor all crypto transactions
Korea’s National Tax Service wants to develop a new management system to monitor crypto transactions and combat illegal activities, targeting completion by 2025. South Korea‘s National Tax Service has initiated preliminary consultations with a consulting firm to develop a new… дальше »
2024-3-11 12:27 | |
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Bitcoin Surge Sees Crypto Trading Volumes Exceed the Stock Market in South Korea
The KOSPI trading volume recorded 11.4794 trillion won on Mar.8, compared to nearly 12 trillion won on local crypto exchanges on Sunday. дальше »
2024-3-12 12:08 | |
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BRICS Nations Challenge US Dollar Dominance: Blockchain Payment System In The Works
The winds of change are whistling through the global financial system. The BRICS alliance, a formidable economic force comprising Brazil, Russia, India, China, South Africa, and newly added members, is revving up its engine for a revolutionary new payment system. дальше »
2024-3-10 16:00 | |
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BAVARSIS EXCHANGE conquers new heights
Australia, South Australia, March 8th, 2024, Chainwire Bavarsis: Pioneering Innovation in the Cryptocurrency Market March 2024, Australia – In the dynamic landscape of investment, Bavarsis emerges as a beacon of innovation and opportunity, offering a realm of innovation and potential that transcends mere user-friendliness. дальше »
2024-3-9 18:30 | |
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Terraform labs' Do Kwon to be extradited to South Korea, details here
Amidst ongoing legal battles, Terraform Labs co-founder Do Kwon faced a significant development in his extradition saga. Following a failed bid to extradite him to the United States, Kwon was now set The post Terraform labs' Do Kwon to be extradited to South Korea, details here appeared first on AMBCrypto. дальше »
2024-3-8 16:30 | |
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Do Kwon Extradition: US Fights On Despite Pro-South Korea Ruling
Over the past few days, events in the case of the extradition of Terraform Labs founder Do Kwon have moved into overdrive. Following a ruling by the Supreme Court of Montenegro favoring his extradition to South Korea, the United States is continuing to press on with its efforts to secure Kwon’s extradition. Battle Over Extradition […] дальше »
2024-3-8 15:30 | |
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US DOJ appeals Montenegro court’s extradition verdict favoring Do Kwon’s return to South Korea
U.S. prosecutors have declared their intention to appeal a recent decision by a Montenegrin high court regarding the extradition of Do Kwon, the former CEO of Terraform Labs, to South Korea. The development is part of an ongoing legal saga… дальше »
2024-3-8 11:12 | |
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Extraditing Do Kwon: South Korea Calls On Interpol For Support
South Korea has intensified its actions to extradite Do Kwon, the CEO of Terraform Labs, back to its jurisdiction, as local South Korean media reports. This comes in the wake of a significant legal development in Montenegro where Do Kwon successfully appealed against his extradition to the United States, thereby redirecting the focus towards South […] дальше »
2024-3-8 22:00 | |
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Montenegro decides to extradite Do Kwon to South Korea in retrial
The Montenegrin high court overseeing Terraform Labs co-founder Do Kwon’s extradition retrial has decided to send him back to South Korea instead of the US, local media reported on March 7. The decision will likely be final as the case has gone through multiple stages of trials and appeals over the past year as both […] The post Montenegro decides to extradite Do Kwon to South Korea in retrial appeared first on CryptoSlate. дальше »
2024-3-8 20:13 | |
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Do Kwon to Be Extradited to South Korea After March 23, Lawyer Says
Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead. дальше »
2024-3-8 17:52 | |
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Upbit to suspend NEAR deposits, withdrawals due to ‘network upgrade’
Korean crypto exchange Upbit has announced the suspension of NEAR deposits and withdrawals due to a network upgrade planned for Mar. 11. South Korean crypto exchange Upbit said in a press release on Mar. 7 that it plans to temporary… дальше »
2024-3-8 14:31 | |
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Bitget Announces Listing Of CoinNess ($NESS) in Innovation and WEB3 Zone
The top cryptocurrency exchange and Web3 firm, Bitget, has announced that CoinNess ($NESS) is now listed in its Innovation and WEB3 Zone. CoinNess is a blockchain resource and cryptocurrency information platform headquartered in South Korea. дальше »
2024-3-6 16:09 | |
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Bitcoin ETFs under review by South Korean regulators, FSS governor shares insights
South Korean financial regulators are currently in discussions about potentially allowing spot Bitcoin exchange-traded funds (ETFs) within the country. Lee Bok-hyun, serving as the governor of the Financial Supervisory Service (FSS), revealed ongoing discussions within South Korea’s regulatory bodies. In… дальше »
2024-3-5 14:52 | |
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Bitcoin sees return of Kimchi Premium in South Korea and CME futures market
Bitcoin’s price premiums have resurfaced amidst the recent bullish fervor gripping the market. Kimchi premium Data reveals BTC trading at a $4,000 premium in South Korea compared to other markets. дальше »
2024-3-5 13:20 | |
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BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said. дальше »
2024-3-5 08:40 | |
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Mastermind Behind $1.10 Million Crypto Scam Faces 5-Year Sentence
A man in South Korea was found guilty of fraud that cost a South Korean broadcast jockey about $1.10 million. The post Mastermind Behind $1.10 Million Crypto Scam Faces 5-Year Sentence appeared first on BeInCrypto. дальше »
2024-3-4 19:00 | |
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Worldcoin faces probe in South Korea over privacy concerns
South Korea has initiated an investigation into Worldcoin over privacy concerns, following complaints about the collection of facial and iris recognition data. In a press release on Mar. 4, South Korea’s Personal Information Protection Commission says it will investigate Worldcoin… дальше »
2024-3-5 13:42 | |
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Mocaverse Expands Presence in South Korea with Web3 Cultural Partnerships
Mocaverse expands into South Korea, aiming to merge Korean culture with Web3 through partnerships focusing on K-pop, digital IP, and GameFi. The post Mocaverse Expands Presence in South Korea with Web3 Cultural Partnerships appeared first on NFT News Today. дальше »
2024-2-29 18:39 | |
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Crypto reform takes a back seat in South Korea amid regulatory uncertainty, no BTC ETF plans in sight
South Korea’s People Power Party has decided to delay its intentions to relax cryptocurrency regulations indefinitely. This shift includes halting the initiative to lift the prohibition on domestic spot Bitcoin exchange-traded funds (ETFs), a move initially anticipated by market watchers.… дальше »
2024-2-29 14:16 | |
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Arbitrum to build ecosystem for blockchain developers in South Korea
Korean firm specializing in web3 and blockchain Dispread announced a partnership with a second-level solution on Ethereum Arbitrum. According to a press release on Feb. 29, Dispread plans to distribute research content and development guides to help Arbitrum build a… дальше »
2024-2-29 13:53 | |
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Strike launches Bitcoin payment services in seven African nations
Strike, a Bitcoin-focused payments application, has announced the launch of its services in seven African countries, signaling its expansion into the continent. The countries included in this initial rollout are Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia.… дальше »
2024-2-29 11:27 | |
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NFT and Bitcoin ETF Discussions Between South Korea and SEC
South Korea to discuss NFTs and spot Bitcoin ETFs with U.S. SEC, potentially reshaping South Korea's virtual asset regulations. The post NFT and Bitcoin ETF Discussions Between South Korea and SEC appeared first on NFT News Today. дальше »
2024-2-29 19:01 | |
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South Korea to discuss NFT classification, Bitcoin ETFs with Gary Gensler
Head of South Korea's Financial Supervisory Service, Governor Lee Bok-hyun, is scheduled to discuss key regulatory issues with U.S. SEC Chairman Gary Gensler in May. дальше »
2024-2-27 19:01 | |
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This Country’s Institutional Crypto Holdings Soar 250% With Spot Bitcoin ETF Anticipation
South Korea's leading crypto custodian, KODA, reports a significant surge in crypto assets, driven by anticipation for spot Bitcoin ETFs and a bullish global crypto market. The post This Country’s Institutional Crypto Holdings Soar 250% With Spot Bitcoin ETF Anticipation appeared first on BeInCrypto. дальше »
2024-2-24 19:00 | |
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Crypto Fraud No More? New Digital Tracking System In South Korean Province Tracks Tax Evaders’ Wallets
A local report revealed the provincial tax department’s implementation of a new digital tracking system in one of South Korea’s most important provinces. As the first of its kind in the country, the new system reduces the process’ time and facilitates the tracking of crypto assets held by debtors in virtual asset exchanges. Related Reading: […] дальше »
2024-2-23 05:00 | |
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South Africa advances financial inclusion with crypto and digital payment reforms
South Africa announced plans to weave digital payments and crypto into its financial fabric to boost the economy for marginalized groups. The announcement was made in the country’s 2024 budget and underlines the government’s drive to build a digital economy through active collaborations between public and private sectors to enhance financial innovation. дальше »
2024-2-23 20:22 | |
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South Africa plans to use stablecoins and blockchain as a way to promote equality
South African authorities have revealed the treasury’s plan to promote the adoption of digital payments for marginalized groups. According to a treasury document published on Feb. 21, South Africa is considering stablecoins and blockchain as a way to improve the… дальше »
2024-2-23 15:48 | |
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South Korea’s Most Populated Province Traces and Collects $4.6M From Crypto Tax Evaders
South Korea's most populated province, Gyeonggi, has collected $4.6 million from crypto tax evaders, it announced on Thursday, according to a local report by Yonhap News Agency. дальше »
2024-2-24 13:59 | |
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South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets. дальше »
2024-2-24 13:37 | |
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South Korea’s Gyeonggi province cracks down on crypto tax evasion, recovers $4.6m
A South Korean province has adopted an advanced system to combat crypto tax evasion, successfully recovering $4.6 million in unpaid taxes from delinquents. As per Feb. 22 local reports, the Gyeonggi province’s method represents a considerable shift from the traditional,… дальше »
2024-2-22 10:55 | |
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South Korean parties pledge pro-crypto policies favoring ETFs, tax delays
Leading up to South Korea's general election in April, both the governing and opposition parties are courting voters with pro-crypto policies. дальше »
2024-2-22 21:15 | |
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Largest South Korean Parties Promise Bitcoin ETFs Before Election
With South Korean elections mere weeks away, both contenders have pledged to approve a Bitcoin ETF. Slight additional policy differences distinguish the two options. дальше »
2024-2-22 18:00 | |
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South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections
South Korea’s ruling political party and its opposition party are making poll promises related to crypto ahead of the national elections later this year scheduled for April 10. дальше »
2024-2-21 16:37 | |
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South Korea’s ruling party proposes delay in crypto taxation as election pledge
In a strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation, local media reported Feb. дальше »
2024-2-20 23:00 | |
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Blockchain analytics firm Crystal appoints ex-Ripple exec as CEO
Blockchain analytics firm Crystal has appointed Navin Gupta, who drove growth for Ripple firm in the MENA and South Asian markets, as its new head. In a press release on Feb. 19, the Netherlands-headquartered firm said Gupta will replace Marina… дальше »
2024-2-19 11:03 | |
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South Korea considers further delay in crypto taxation ahead of general election
South Korea’s ruling People Power Party is proposing another delay in the implementation of cryptocurrency investment gains taxation, now potentially extending the start date to 2027. The move is part of the party’s campaign strategy for the forthcoming general election… дальше »
2024-2-19 10:16 | |
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Chiliz (CHZ) signs strategic deal with South Korea premier league to enrich fan engagement
A landmark development unifying blockchain tech and sports saw the Chiliz (CHZ) network signing a multi-year collaboration with South Korea’s K-League – a professional football league in the country. дальше »
2024-2-19 07:53 | |
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Klaytn and Finschia blockchains merge to become Asia’s ‘largest Web3 network’
With origins from Japan and South Korea, Klaytn and Finschia claim that they are slated to become Asia's largest Web3 ecosystem. дальше »
2024-2-18 04:40 | |
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