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47% of South Africans own Bitcoin (BTC), holding $70 worth on average
As conversations regarding the use and purchase of digital assets in Africa continues to gain ground, details have emerged that about 47 percent of South African adults hold at least one form of cryptocurrency. дальше »
2021-9-17 10:00 | |
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More than 60 South Korean exchanges will suspend trading amid new regulations
South Korea has been trying to come up with cryptocurrency regulations for some time, and it is now ready to implement them. However, before it does it, it ordered over 60 of its local cryptocurrency exchanges to suspend their operations a week before the regulations arrive. дальше »
2021-9-17 09:19 | |
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Binance планирует отказаться от децентрализованного управления под давлением регуляторов
Биржа криптовалют Binance готова отказаться от политики «децентрализованного головного офиса» под давлением мировых регуляторов. Об этом объявил CEO Binance Чанпен Чжао в разговоре с South China Morning Post. дальше »
2021-9-17 08:13 | |
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South Korea postpones proposed crypto-taxation policy to next year
South Korea is a curious case study. While for many it has been a country fairly conducive to the crypto-community, recent regulatory steps seemed to suggest otherwise. Consider this - A while backThe post South Korea postpones proposed crypto-taxation policy to next year appeared first on AMBCrypto. дальше »
2021-9-17 23:30 | |
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South Korea’s ruling party plans to pass a bill to delay crypto taxation
South Korea’s ruling party, the Democratic Party of Korea, is planning to pass a bill that postpones the taxation of virtual assets before January 1, 2022. A report disclosed this news earlier today, noting the ruling party objected to Deputy Prime Minister and Minister of Strategy and Finance Hong Nam-ki’s question of whether the Ministry […] The post South Korea’s ruling party plans to pass a bill to delay crypto taxation appeared first on Invezz. дальше »
2021-9-17 21:37 | |
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South Korean lawmaker: Delaying tax laws on crypto is 'inevitable'
“In a situation where the relevant taxation infrastructure is not sufficiently established, the deferral of taxation on virtual assets is not an option, but an inevitable situation,” said Noh Woong-rae. дальше »
2021-9-17 20:15 | |
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FSC to shut down about 35 exchanges as the registration deadline nears
South Korea’s leading financial regulator, the Financial Services Commission (FSC), among other watchdogs in the country, is gearing up to shut down multiple crypto exchanges in the coming days. дальше »
2021-9-17 15:32 | |
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Чанпэн Чжао: Binance отказалась от «децентрализованной» модели бизнеса
Биткоин-биржа Binance трансформируется в лицензированное предприятие с централизованным бизнесом, столкнувшись с регуляторными проблемами. Об этом основатель и глава компании Чанпэн Чжао заявил в интервью South China Morning Post. дальше »
2021-9-17 15:29 | |
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Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report
Africa, the smallest crypto-economy, which received $105.6 billion worth of cryptocurrency between July 2020 and June 2021, saw a growth of more than 1200% by value received in the last year. According to a report by Chainalysis, the region is seeing some of the highest grassroots adoption in the world, with Kenya, Nigeria, South Africa, […] The post Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report first appeared on BitcoinExchangeGuide. дальше »
2021-9-16 22:26 | |
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Asia On The Verge Of Igniting MultiBillion-Dollar Crypto Bearish Storm
Key takeaways South Korea to shut down over 40 cryptocurrency exchanges for failure to comply with new regulations. Cryptocurrency crackdowns are reducing the impact of Asian countries on the cryptocurrency market. дальше »
2021-9-14 15:58 | |
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42 altcoins face crisis as Korea set to close 75% of all its crypto exchanges
Extensive investor losses are expected as roughly two thirds of South Korean crypto exchanges struggle to meet toughened registration rules. The post 42 altcoins face crisis as Korea set to close 75% of all its crypto exchanges appeared first on CryptoSlate. дальше »
2021-9-14 10:00 | |
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South Korean Crypto Investors Could Lose over $2.5 billion due to Regulatory Crackdown
With South Korean regulators set to shut down local cryptocurrency exchanges that fail to meet up the requirements before the deadline later in September, investors in the country could experience losses worth over $2. дальше »
2021-9-14 23:00 | |
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More than 65% of South Korean Crypto Exchanges to Shut Down Once FSC Deadline Hits
This could result in “huge investor losses” as users lose access to about 42 local altcoins. Currently, Polkadot (DOT), XRP, Cardano (ADA), and Cosmos (ATOM) are leading cryptos on the four top legit exchanges in the country. дальше »
2021-9-14 22:36 | |
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Up to 40 South Korean crypto exchanges face ‘shut down’ – report
Delisting of smaller altcoins and exchange shutdowns could see investors lose more than $2.6… The post Up to 40 South Korean crypto exchanges face ‘shut down’ – report appeared first on Coin Journal. дальше »
2021-9-13 14:49 | |
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South Korean crypto exchanges face Sept. 24 deadline to submit licence request
Failure to meet South Korean regulators’ new requirements is expected to wipe out tens of crypto exchange operators.
дальше »2021-9-14 12:26 | |
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South Korea braces to curb 'sharp increase' in illegal, crypto-linked activities
The time period given to South Korean cryptocurrency exchanges, for registering with the required authorities is almost over. As per the country's Financial Intelligence Unit, it was looking closely aThe post South Korea braces to curb 'sharp increase' in illegal, crypto-linked activities appeared first on AMBCrypto. дальше »
2021-9-13 01:30 | |
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South Korea's 'big four' crypto-exchanges secure real-name account deal
Bithumb, Coinone, and Korbit, three of South Korea's most-prominent crypto-exchanges, have finally met the country's regulatory conditions and reached deals with banks before the 24 September deadlineThe post South Korea's 'big four' crypto-exchanges secure real-name account deal appeared first on AMBCrypto. дальше »
2021-9-11 01:30 | |
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Protests in El Salvador intensify following the passing of the Bitcoin Law
El Salvador made history on Tuesday as the Bitcoin Law came into effect, sanctioning the leading cryptocurrency as legal tender in the South American country. The post Protests in El Salvador intensify following the passing of the Bitcoin Law appeared first on CryptoSlate. дальше »
2021-9-11 19:00 | |
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Reports Suggest Crypto Powered Akon City Is A Project Blighted By Broken Promises
Senegalese-American singer, songwriter Akon became the talk of the town in 2018 when he unveiled plans for a 2000 acre crypto metropolis located 60 miles south of Senegal’s capital Dakar. Fast forward to today, and recent reports show a distinct lack of progress with the project. дальше »
2021-9-9 03:01 | |
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South Korea grants security certificate to the first crypto-trust company
Regulation and compliance is the name of the game if a company wants to succeed in the current legal environment around the cryptocurrency industry. Many companies worldwide are thus stepping up theirThe post South Korea grants security certificate to the first crypto-trust company appeared first on AMBCrypto. дальше »
2021-9-8 01:00 | |
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Bitcoin Cash, BAT, BitTorrent Price Analysis: 07 September
The altcoin industry flashed mixed trading sessions as certain alts rose on their respective charts, while others went south. Among the ones that declined over the last 24 hours, were BAT and BitTorreThe post Bitcoin Cash, BAT, BitTorrent Price Analysis: 07 September appeared first on AMBCrypto. дальше »
2021-9-7 21:30 | |
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Huobi: NFT wallet-backed TALK price jumps 15,900% during 3rd primepool event
Amid the success of community initiatives on the Huobi platform, TALK, a new token from Talken, a multi-chain decentralized NFT wallet founded in South Korea, began trading on Huobi Primepool on AugusThe post Huobi: NFT wallet-backed TALK price jumps 15,900% during 3rd primepool event appeared first on AMBCrypto. дальше »
2021-9-6 15:15 | |
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Australia, Malaysia, Singapore, South Africa Set To Test Cross-Border CBDC
CBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though they mostly remain in the hypothetical stage. дальше »
2021-9-6 00:00 | |
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Binance Africa Responds to Warning Published by South African Financial Regulators
Binance reacted and responded to a notice published by the South African (FSCA), warning users to be vigilant when dealing with “Binance Group.” The post Binance Africa Responds to Warning Published by South African Financial Regulators appeared first on BeInCrypto. дальше »
2021-9-5 13:45 | |
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Binance hits another wall immediately after Singapore, this time in South Africa
Immediately after receiving the order to stop operations in Singapore due to lacking the necessary licenses, Binance is now facing the same problem in South Africa. Previously, the exchange hit a wall in a number of other countries, including the US, the UK, Japan, Germany, Malaysia, and more. дальше »
2021-9-5 18:59 | |
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Alchemy Pay’s ACH Lists on Coinone in South Korea
The world’s 14th largest cryptocurrency exchange by spot trading volume, Coinone, now supports trading and custody of Alchemy Pay’s utility token, ACH, for its market... дальше »
2021-9-4 18:29 | |
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South Africa’s Financial Regulator Issues A Warning Against “Unauthorised Entity” Binance
The Financial Sector Conduct Authority (FSCA) of South Africa warned the public against the Binance Group on Friday. In the press release, the regulator issued a warning where it asked the public to be cautious and vigilant when dealing with the company as it is “not authorized” to give any financial services, advice, or business […] The post South Africa’s Financial Regulator Issues A Warning Against “Unauthorised Entity” Binance first appeared on BitcoinExchangeGuide. дальше »
2021-9-4 18:05 | |
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BIS, Four Central Banks Launching Joint CBDCs
The Bank of International Settlements (BIS) is collaborating with apex banks in Australia, Malaysia, Singapore, and South Africa to trial central bank digital currencies (CBDCs) for cross-border payments and remittances, according to a Coindesk report on September 2, 2021. дальше »
2021-9-3 23:00 | |
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South Korea exchanges Bithumb, CoinOne, Korbit join forces to de'CODE' regulations
Amid South Korea's growing regulatory woes, Bithumb, CoinOne, and Korbit, three of the nation's four largest cryptocurrency exchanges have joined hands to tackle these challenges. The companies, have The post South Korea exchanges Bithumb, CoinOne, Korbit join forces to de'CODE' regulations appeared first on AMBCrypto. дальше »
2021-8-31 17:30 | |
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South Korea: Crypto exchanges Upbit, Bithumb, Coinone attract millions of users
While several crypto-related businesses in South Korea were having a tough time due to controversial regulatory efforts in the country, Upbit has been able to retain its title as the country's largesThe post South Korea: Crypto exchanges Upbit, Bithumb, Coinone attract millions of users appeared first on AMBCrypto. дальше »
2021-8-30 00:00 | |
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24 crypto exchanges in Korea face regulatory death knell
According to a press statement released by South Korea’s Financial Services Commission (FSC), over 20 crypto exchanges operating within the Asian country could cease operation as the September 24 deadline for crypto regulation draws near. дальше »
2021-8-27 10:43 | |
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South Korea: Crypto-bank decries lack of 'clear authoritative interpretation'
The Special Provisions Act is set to come into effect from 25 September in South Korea and this has left many exchanges panicking. Popular crypto-banking platform Sandbank is one of them, with the firThe post South Korea: Crypto-bank decries lack of 'clear authoritative interpretation' appeared first on AMBCrypto. дальше »
2021-8-27 01:00 | |
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Tron, Ethereum Classic, Zcash Price Analysis: 26 August
Bitcoin dipped below $47k while Ethereum’s price stood at $3,100 after a 0.6% decline. Following its movement, altcoins such as ETC and Zcash moved south on their respective charts. TRON, howeveThe post Tron, Ethereum Classic, Zcash Price Analysis: 26 August appeared first on AMBCrypto. дальше »
2021-8-27 21:00 | |
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South Korean Crypto Exchanges Start Receiving Regulatory Compliance Certifications
21 South Korean crypto exchanges out of 63 that applied have received the ISMS certification from authorities, which deems them as having met various protection standards. The post South Korean Crypto Exchanges Start Receiving Regulatory Compliance Certifications appeared first on BeInCrypto. дальше »
2021-8-26 13:06 | |
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South Korea’s FSC Nominee Is Not a Cryptocurrency Enthusiast
Koh Seung-beom, the nominee for South Korea’s Financial Service Commission (FSC), said that he does not see cryptocurrencies as a financial asset. FSC Nominee Says Crypto Not a Financial Asset According to the Korean Times on Wednesday (August 25, 2021), Seung-beom made the statement while speaking with journalists. Seung-beom, who is a board member ofRead More дальше »
2021-8-26 04:00 | |
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Суд провинции Китая отказал криптовалютам в правовом статусе
Ещё один удар по криптовалютному сообществу Китая нанесён новым решением Верховного суда в северной провинции Шаньдун, в котором говорится об отсутствии правового статуса криптовалюты в стране. Как сообщает South China Morning Post, рассматриваемое дело было апелляцией на постановление суда промежуточной инстанции города Цзинань в январе этого года. дальше »
2021-8-24 09:37 | |
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China has no Law for Cryptocurrency, Says High Court
A Chinese court stated that there is no law regarding cryptocurrency, an indication that investors would carry out crypto investment at their peril. No Protection for Chinese Crypto Investors According to the South China Morning Post on Monday (August 23, 2021), an intermediate court in the city of Jinan revealed that cryptocurrency investment and tradingRead More дальше »
2021-8-24 05:00 | |
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Crypto-tax evasion will come with these penalties in South Africa
With regulations associated with cryptocurrencies becoming stricter around the world, most are attuning themselves to the idea of taxation as well. In fact, crypto-tax carries its own penalties aroundThe post Crypto-tax evasion will come with these penalties in South Africa appeared first on AMBCrypto. дальше »
2021-8-24 20:30 | |
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Суд в Китае постановил, что криптовалюта не защищена законом
Инвестиции или торговля криптовалютами не защищены китайским законодательством, заявил суд высшей инстанции провинции Шаньдун в публичных комментариях к своему решению. Об этом сообщает South China Morning Post. дальше »
2021-8-24 17:08 | |
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South Korea’s Largest Crypto Exchange Upbit Become the First to Apply for a License After Securing a Bank Account
Leading South Korean cryptocurrency exchange Upbit has become the first to apply for a license in the country, reported a local publication. The exchange also secured a bank account with K-Bank allowing it to officially accept Korean fiat (KRW) deposits and withdrawals. дальше »
2021-8-23 06:16 | |
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Terra sees a monthly burn of $185 million worth of LUNA tokens
LUNA, the native cryptocurrency of a project called Terra, recently saw a nearly 80% price surge over the course of the last week. The protocol, created by a team of developers from South Korea, even managed to surpass another leading project, Polygon (MATIC/USD), formerly known as Matic Network. дальше »
2021-8-22 13:48 | |
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South African Man Loses $900,000 Worth Of Bitcoin After Accidentally Deleting Keys
Bitcoin holding is only as good as long as the holder does not lose their keys. It is very important when it comes to holding to make sure that one’s keys are secure. This is because once the keys are lost, there is no way to recover the lost coins. дальше »
2021-8-21 02:00 | |
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$185 million worth of LUNA burned in past month as Terra user base grows
Terra’s native token LUNA rallied 79. 66% during the past seven days as the protocol developed by South Korean firm Terraform Labs surpassed Polygon (MATIC), recording the third-highest total value locked (TVL) among blockchains. дальше »
2021-8-20 10:00 | |
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With Alibaba’s NFT Push, More Investors Will Be Exploring Ways to Leverage Their NFTs
Chinese e-commerce behemoth Alibaba has surprised the crypto world by launching a non-fungible token marketplace. According to the South China Morning Post, Alibaba’s NFT marketplace not only allows users to buy and sell NFTs, but also license intellectual property (IP) copyrighted by blockchain technology. дальше »
2021-8-19 20:54 | |
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