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South Korean City Threatens to Seize Cryptos From Tax Evaders
Crypto tax evasion is becoming a hot potato for the authorities in some Asian countries, such as Japan and South Korea. A South Korean city is now actively fighting against tax evaders who are suspiciously reporting meager earnings in their filings. дальше »
2021-4-16 01:30 | |
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South Korea: Here's what experts feel about Bitcoin's chances against gold
South Korea's crypto-sector has been expanding at a rapid pace lately, with new sets of investors joining the market community every day. In fact, Bitcoin's surging price has also instigated a correspThe post South Korea: Here's what experts feel about Bitcoin's chances against gold appeared first on AMBCrypto. дальше »
2021-4-16 22:00 | |
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Former South Korean Social Media Giant in Talks ‘With Major Gaming Companies’ to Implement Its Crypto
A former South Korean social media giant is still keeping alive its promise to relaunch its business with the help of the cryptocurrency industry. A local media outlet reported that Cyworld is in talks with “major gaming companies” that involve crypto-related ventures. дальше »
2021-4-15 05:30 | |
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South Korea's Gyeongju targets tax defaulters via virtual asset seizures
The South Korean city of Gyeongju is in the news today after it announced that it is investigating the virtual asset possessions of tax evaders with the help of crypto-exchanges. The city has reportedThe post South Korea's Gyeongju targets tax defaulters via virtual asset seizures appeared first on AMBCrypto. дальше »
2021-4-15 23:30 | |
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P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still Dominates
According to new data, peer-to-peer (P2P) bitcoin trade volumes in Kenya and Ghana surged in Q1 of 2021, with the two countries now ranked second and third respectively. On the other hand, volumes in South Africa, which occupied second place in 2020, dropped marginally. дальше »
2021-4-12 15:30 | |
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Chainlink, Aave, Decred Price Analysis: 10 April
Chainlink moved within an ascending channel but a breakdown did not seem likely at least in the short term. Aave remained below its 200-SMA, while Decred was expected to break south from its ascendingThe post Chainlink, Aave, Decred Price Analysis: 10 April appeared first on AMBCrypto. дальше »
2021-4-10 22:00 | |
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South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’
Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. дальше »
2021-4-10 06:30 | |
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Hainan Province to Conduct Digital Yuan Campaign This April
Hainan, an island province in South China would carry out a campaign to raise awareness and promote the benefits of using the forthcoming digital yuan, later in April. The campaign follows China’s efforts to expand the scope of its central bank digital currency (CBDC) trials across different parts of the country. Digital Yuan Campaign inRead More дальше »
2021-4-9 15:00 | |
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Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange?
A Korean crypto company had ambitious plans to launch a Bitcoin exchange-traded fund (ETF) in the crypto-frenzied market last week. The post Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange? appeared first on CryptoSlate. дальше »
2021-4-8 04:00 | |
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South Koreans Are Trading XRP & BTT More than BTC and Ether
Bitcoin kimchi premium is also taking a drop after surging to 22% as Upbit temporarily suspends fiat (KRW) deposits and withdrawals, and Bithumb sees an “increasing” inflow of BTC. The post South Koreans Are Trading XRP & BTT More than BTC and Ether first appeared on BitcoinExchangeGuide. дальше »
2021-4-8 18:51 | |
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South Korea: After Sending Bitcoin Price to $71k, Kimchi Premium Begins to Nosedive
The price of bitcoin (BTC) briefly touched $71,000 at 5:55 a. m. UTC on South Korea’s Upbit crypto exchange. However, things have started to cool down as the price of bitcoin (BTC) has failed to maintain its bullish push. дальше »
2021-4-8 17:01 | |
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North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report
A new report commissioned by the U. S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. дальше »
2021-4-7 06:30 | |
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Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin
CryptoNinjas » Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin Uppsala Security, a provider of cybersecurity tools for crypto AML, risk management, and regulatory compliance, announced today the signing of a contract to build a ‘Virtual Asset AML’ solution for crypto exchange Coin&Coin that complies with the amendment of the Special Money Act in South Korea. дальше »
2021-4-7 22:40 | |
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CoinMarketCap removes South Korea crypto exchanges from Bitcoin price tracker
“If the prices on South Korean exchanges stabilize, then we will add the data back in, but that hasn’t happened yet,” said a CoinMarketCap spokesperson. дальше »
2021-4-7 21:15 | |
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Kimchi Premium Soars 17% as South Korea’s Crypto Market Turns Bullish
Since March’s extreme volatility, Bitcoin price action has been far more stable. The major cryptocurrency has continued to hover around the $57,000 to $58,000 price level, seeing minimal fluctuations with the Bitcoin Volatility Index sitting at 3. дальше »
2021-4-7 13:06 | |
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Why The Return Of The Kimchi Premium Doesn’t Bode Well For Bitcoin
Bitcoin price is currently trading at a substantial premium on South Korean crypto exchanges – more than $6,000 per coin in USD equivalent. However, in the past this so-called “Kimchi Premium” has signaled the end of the bull trend. дальше »
2021-4-6 23:00 | |
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Bitcoin’s “Kimchi Premium” Hits 15 Percent
The so-called “Kimchi premium,” or bitcoin price difference in South Korea, has hit 15 percent. дальше »
2021-4-6 22:20 | |
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Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?
Is a surging premium in South Korea a top signal or a sign that the Bitcoin rally is only getting started?
дальше »2021-4-4 16:00 | |
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Ripple Partner Mercury FX Accepted Into ‘First Cohort’ of a South African Regulatory Sandbox
South Africa’s Inter-governmental Fintech Working Group (IFWG) recently accepted Mercury FX, a UK-based e-money firm, into the first cohort of its regulatory sandbox. The firm, which harnesses the Ripplenet blockchain, says it wants to demonstrate its technology’s ability “to shorten the money transfer window to only minutes. дальше »
2021-4-5 15:30 | |
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Abkhazia extends 'temporary ban' after penalizing crypto-mining
Abkhazia, a "partially recognized state in the South Caucasus," has for a while been popular among many in the crypto-community, especially among miners. However, it would seem that these sentiments mThe post Abkhazia extends 'temporary ban' after penalizing crypto-mining appeared first on AMBCrypto. дальше »
2021-4-3 22:00 | |
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Binance Abruptly Delists South African Rand Trading Pairs After Currency Fails to Meet ‘High Level Standard’
In an abrupt move, Binance South Africa announced on March 31 that all South African rand (ZAR) trading pairs will be delisted on April 2. The crypto exchange adds in a statement that “all trade orders will be automatically removed after 10. дальше »
2021-4-2 09:30 | |
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South Korean govt sells 2017 Bitcoins, making $10.8 million profit
It's typical of government agencies to sell seized Bitcoins during bull runs; with South Korean law enforcement agencies becoming the latest entity that has sold a significant amount of confiscated BiThe post South Korean govt sells 2017 Bitcoins, making $10.8 million profit appeared first on AMBCrypto. дальше »
2021-4-2 01:30 | |
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South Korea to Unveil Blockchain-Based COVID-19 Vaccine Passports
The South Korean Government has announced plans to launch a distributed ledger technology (DLT) powered COVID-19 certification system. The system will make the verification of the vaccination status of residents possible via a smartphone app, according to a report by The Korea Herald on April 1, 2021. дальше »
2021-4-1 17:00 | |
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A Forex Broker Transfers 1,200 BTC Belonging to the Mirror Trading International to a South African Liquidator
Fresh reports from South Africa suggest that a total of 1,200 bitcoins belonging to the now-defunct Mirror Trading International (MTI) were recently transferred from FX Choice to an appointed liquidator. дальше »
2021-4-1 09:30 | |
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International FX Exchange & Ripple Partner, Mercury to Boost Remittances in South Africa Using ODL
Mercury's international payments firm to utilize RippleNet On-Demand Liquidity (ODL) platform to ease remittance payments between the United Kingdom and South Africa. The post International FX Exchange & Ripple Partner, Mercury to Boost Remittances in South Africa Using ODL first appeared on BitcoinExchangeGuide. дальше »
2021-3-31 18:20 | |
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Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies
South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. дальше »
2021-3-31 09:30 | |
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Mercury to Boost Remittance Time and Money Savings to South Africa Using ODL
The shortest air mile distance between Johannesburg and London is 5,635 miles. Historically, moving money between banks or money service providers in those two cities takes days to cover that distance. дальше »
2021-4-1 02:37 | |
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Bitcoin and Ether Kimchi Premium Picks Up as Bulls Reappear
As the price of Bitcoin continues to climb up, so does the popular Kimchi premium. As of writing, the price of Bitcoin is $59,063 on Binance and $59,087 on Coinbase Pro, but the highest price of BTC is on South Korean exchanges, which is up more than 5. дальше »
2021-3-30 18:29 | |
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Community Gets a Chance to Win 20,000 USDT As LCMS Celebrates its Listing on Bithumb Global
LCMS has been listed on Bithumb Global crypto exchange and the company has found a special way to celebrate. Bithumb Global is a cryptocurrency exchange originating from South Korea. Though the company was founded fairly recently in May 2019, the exchange has grown quite quickly getting around $100 million trading activity on a daily basis. дальше »
2021-3-31 17:13 | |
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Bitcoin Cash, Aave, Maker Price Analysis: 30 March
Bitcoin Cash awaited strong cues to climb above the coveted $600-mark. Aave could move south and towards the $304.2-support level if the price fails to breach its overhead resistance. Finally, Maker wThe post Bitcoin Cash, Aave, Maker Price Analysis: 30 March appeared first on AMBCrypto. дальше »
2021-3-30 15:30 | |
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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »
2021-3-30 03:00 | |
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South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’
South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months. дальше »
2021-3-29 14:00 | |
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Top South Korean bank set to offer services to local crypto exchanges
The BNK Busan Bank, a renowned South Korean bank, is planning to offer banking services to local crypto exchanges. The bank unveiled this news through an official announcement on March 23, noting that it had decided to test the crypto waters ahead of the implementation of changes to the Specific Financial Information Act on March […] The post Top South Korean bank set to offer services to local crypto exchanges appeared first on Invezz. дальше »
2021-3-27 00:33 | |
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Tron, Cosmos, Zcash Price Analysis: 25 March
With Bitcoin holding itself above its critical horizontal support in the $51k-$52k region, the bearish outlook for altcoins in the near-term persists. Tron formed a falling wedge and broke south, whilThe post Tron, Cosmos, Zcash Price Analysis: 25 March appeared first on AMBCrypto. дальше »
2021-3-25 20:00 | |
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South Africa: FNZ Unveils Blockchain-based Solution for Funds Sector
Blockchain technology is being utilized for fund trading and settlement solutions by FNZ. FNZ Unveils ChainClear Solution According to a recent report by Ledger Insights, FNZ – a firm committed to enhancing client engagement, lowering costs, and delivering a seamless service to aid people achieve their financial goals – has launched ChainClear, a blockchain-enabled fundRead More дальше »
2021-3-25 15:00 | |
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Breaking Down What South Korea’s Crypto Crackdown Means for the Industry
With a blistering start to the year, cryptos have enjoyed the highs of what seemed like a never-ending bull run. Bitcoin, Ethereum, and other altcoins made headlines every day, surging far past their previous highs as institutions rushed to get their hands on the red-hot asset class. дальше »
2021-3-25 13:01 | |
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