South Korea: ICON Foundation Will Not Be Charged Even As ICONLOOP is Under Investigation

An official response by ICON to the news that South Korean tax authorities are investigating its technical partner, ICONLOOP has been released. President Min Kim Makes a Clarification The ICON Foundation President Min Kim said in an announcement that the ICON Foundation will not be under the influence of the investigation. The ICON Foundation isRead More дальше »

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Crypto Artist Daniella Attfield Rewrites History Through NFTs

“Artists are historians and their art the journal,” the Singart team once wrote. This statement is most certainly true in the case of young South African crypto artist Daniella Attfield who is rewriting the history of art through non-fungible tokens. дальше »

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South Korea: How are 'crypto-moms' leading the 'second boom?'

Thanks to the recent bull rally, many more people are turning towards the cryptocurrency market all around the world. This has been the case in Asia too, with countries such as Japan and India registeThe post South Korea: How are 'crypto-moms' leading the 'second boom?' appeared first on AMBCrypto. дальше »

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South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic

As bitcoin prices keep exchanging hands above the $48k handle as of press time, South Korea notices a particular growing trend in a specific profile of crypto investors. A recent study revealed that a new era of “crypto moms” is emerging across the board in the country. дальше »

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Pluto exchange to launch Chainlink node

Amid an “increasing” demand from developers that need high-quality API data directly on the blockchain, South Korean crypto exchange Pluto will launch their own Chainlink node in order to make theThe post Pluto exchange to launch Chainlink node appeared first on AMBCrypto. дальше »

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ProBit Exchange Lists EXGold (EXG) | Gold For The Digital Age

EXGold (EXG) has officially listed their token EXG on ProBit Exchange as the digital gold solution solidifies their partnership networks with one of the top South Korean exchanges and its global demographics. дальше »

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Is South Korea Returning?

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Ethereum, Cosmos, VeChain Price Analysis: 26 February

Ethereum registered a strong pullback as far south as $1,420 as this level of support was put to the test multiple times in the past few days. Cosmos held on to the $17-level at the time of writing, bThe post Ethereum, Cosmos, VeChain Price Analysis: 26 February appeared first on AMBCrypto. дальше »

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Bank of Korea Governor Bashes ‘Volatile’ and ‘Invaluable’ Bitcoin

Lee Ju-yeol, South Korea’s central banking chief, has slammed Bitcoin for its volatility. Several policymakers have also criticized Bitcoin, following a week of extreme volatility in the asset’s price. дальше »

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Binance Coin, Waves, Zcash Price Analysis: 23 February

Binance Coin moved south from its descending triangle, but a recovery above its 0.5 Fibonacci level looked likely over the next few trading sessions. Similarly, WAVES and Zcash also showed signs of a The post Binance Coin, Waves, Zcash Price Analysis: 23 February appeared first on AMBCrypto. дальше »

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South Korea’s Bank Chief Expresses Skepticism about Crypto Industry

Continue reading at Coinspeaker дальше »

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South Korea’s Crypto Tax Law Coming in 2022

The South Korean government has decided on a date for its 20 percent cryptocurrency taxation policy. However, the impending crypto tax regulation is being met with some resistance. Kimchi Crypto Tax Law Gets Finalized Start Date South Korea has once again altered the date for the implementation of its controversial crypto tax plan. According toRead More дальше »

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South Korean Financial Regulator Confirms Privacy Coin Delistings- Adds New Guidelines to Report Unusual Transactions

South Korean financial watchdogs are about to start overseeing crypto-related activities in the nation, and additional barriers for exchanges keep appearing. Moreover, one of the South Korean regulatory bodies codified the measures announced last year on privacy coin listings. дальше »

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South Korea fast tracks 20% tax on Bitcoin and crypto profits to 2022

After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation.

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No, Bitcoin Is Nothing Like the South Sea Bubble

Those who compare bitcoin to the great bubbles of the past need to check the historical books. This moment is very different. дальше »

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Nigeria and South East Asia led global crypto adoption in 2020

Statista has found that one-in-three Nigerians held or used crypto assets during 2020.

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Token-Driven Karaoke Platform Gets a Boost in South Korea as Pandemic Hits Over 2,100 Singing Rooms

Coronavirus-driven lockdowns and social distancing limits affect people’s way of entertaining themselves, such as going to karaoke. In South Korea, that activity is too popular, and despite the COVID-19 outbreak, the crypto industry is trying to capitalize on it. дальше »

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Kakao to Record Private Securities on Its Own Blockchain as NFTs

The move will aid South Korea's OTC securities market. дальше »

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South Korean Crypto Exchange Cracks Down, Requiring Address Ownership Identity

A Twitter user is now alleging that the South Korean Korbit cryptocurrency exchange is requiring proof of ownership of digital addresses. If a user does not verify the address with their identity, the exchange will withhold the user’s ability to withdraw. дальше »

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South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018

A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. дальше »

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Chinese authorities greenlight DBX’s subsidiary to run a crypto exchange

The Chinese government has approved a South Korean crypto exchange to operate in the country despite barring all local crypto trading services. A report unveiled this news on February 7, noting that DBX had become the first South Korean crypto exchange to establish a subsidiary dubbed Tabi in China. дальше »

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Seoul court finds Bithumb liable; orders reimbursement of over 1.1 billion won

Seoul's Central District Court has ruled that South Korean crypto-exchange Bithumb is liable to compensate victims of Bithumb’s withdrawal incident back in November 2018. In the said incident, severThe post Seoul court finds Bithumb liable; orders reimbursement of over 1.1 billion won appeared first on AMBCrypto. дальше »

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Japan’s Finance Minister Wants CBDC Talks at G7 Meeting

Taro Aso, Japan’s Finance Minister, stated that a comprehensive discussion about central bank digital currencies (CBDCs) should be held at the upcoming G7 meeting. Japan Calls for In-Depth CBDC Policy Discussion  According to the South China Morning Post on Tuesday (Feb. дальше »

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South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China

A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. дальше »

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South Korea: Central Bank Publishes Book on CBDC Legal Considerations

South Korea’s plans for its experimental central bank digital currency (CBDC) project also includes efforts to contribute to the expanding body of knowledge dedicated to sovereign digital currencies. дальше »

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Bank of Korea publishes book on central bank digital currency's legal issues

South Korea's central bank has issue a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital currency. дальше »

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South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI

The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. дальше »

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South African Tax Regulators Shift Focus To Crypto; Sends Out Audit Requests

According to local news firm, Broadband, SARS sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. This was confirmed by Tax Consulting South Africa, which has recently been approached by a number of taxpayers on the issue. дальше »

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Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token

A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. дальше »

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Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales

Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May 2021. дальше »

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South Africa Financial Regulator Issues Crypto Investment Warning

South Africa’s regulatory body, the Financial Sector Conduct Authority (FSCA) like other global regulators, has warned citizens to be wary of crypto investment schemes that sell hyperbolic returns on investment (ROI) amid crypto’s bull run. дальше »

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South African regulators issue fresh crypto investment warning

Authorities in South Africa are warning investors to be wary of scams amid the current crypto bull market.

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South Africa’s Tax Agency Is Clamping Down on Crypto Users: Report

The South African Revenue Service is likely "ensnaring" non-compliant taxpayers, a tax consultancy said in a news report. дальше »

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South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time

According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine or imprisonment for up to two years.” SARS Tracking Non-Compliant […] дальше »

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South Africa's SARS accelerates crackdown on non-compliant Bitcoin traders

South Africa is the latest country to come down on cryptocurrency investors, with the South African Revenue Service (SARS) sending audit requests to taxpayers, requesting them to disclose cryptocurrenThe post South Africa's SARS accelerates crackdown on non-compliant Bitcoin traders appeared first on AMBCrypto. дальше »

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Bitcoin Traders Facing Prison Time for Failing to Disclose Income in South Africa

South African traders who fail to disclose their income from Bitcoin trades could end up in jail дальше »

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Microsoft uses blockchain technology to purchase soil carbon credits in Australia

The tech giant purchased 43,338 metric tons worth of soil carbon credits that are representative of carbon sequestration at ranches in New South Wales. дальше »

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Top VC’s Including Coinbase, Galaxy Digital & Pantera Inject $25M into Terraform Labs

Stablecoin e-commerce creator Terraform Labs recently concluded a $25 million funding round that features Coinbase Ventures, Galaxy Digital, Pantera Capital, and other companies. The Singaporean-based crypto and tech startup has successfully penetrated the South Korean market and wants to expand its operational capacities with the funding. дальше »

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South Africa’s Primary Financial Regulator Proposes New Crypto Regulations In The Country

Reports from Bloomberg confirms that South Africa’s primary financial regulator, Financial Sector Conduct Authority (FSCA), is planning to regulate cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. дальше »

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South Africa’s Financial Regulator Exposes Bitcoin Ponzi Scheme

The Financial Sector Conduct Authority (FSCA) in South Africa is seeking to increase regulation and prosecute crypto-related dealings after the recent collapse of a Bitcoin Trader suspected of being the country’s biggest Ponzi scheme. дальше »

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Bitcoin SV, Neo, VeChain Price Analysis: 27 January

Bitcoin SV remained below its 200-SMA as its prime moved south from the support at $167. 7. Neo also mirrored the broader market sentiment as the market's bears targeted a move below the $21. 8-support. дальше »

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Scams are driving South African authorities to regulate crypto trading

The Financial Sector Conduct Authority is demanding tighter regulatory control over cryptocurrency.

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Trouble for Bitcoin as 3 On-Chain Indicators Point to Potential Sell-Offs

Bitcoin bulls should brace for a bearish impact as three of the leading on-chain indicators unanimously warn about potential sell-offs in the spot market ahead. CryptoQuant, a South Korea-based blockchain analysis firm, highlighted the latest readings on their proprietary metrics, one of which studies large BTC outflows from miners’ wallets and the other over-the-counter BTC […] дальше »

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EOS, Algorand, YFI Price Analysis: 23 January

EOS formed a scallop pattern on the charts and a drop below $2.55 could see it go as far south as $2.3 over the next week. Algorand flipped a level of resistance to support and showed signs of bullishThe post EOS, Algorand, YFI Price Analysis: 23 January appeared first on AMBCrypto. дальше »

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IOTA Foundation to Enhance Blockchain Development for Smart City Projects

IOTA Foundation has entered into a strategic agreement with the South Korean Observer Observation and Tanglehub to apply for smart city projects in South Korea, Asia, and Europe. The agreement which is set to kick in this year is expected to expand the use cases of IOTA in these regions. Partnership Set to Drive BlockchainRead More дальше »

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Binance Coin, Ethereum Classic, VeChain Price Analysis: 22 January

Binance Coin could be poised for a bounce to $41.5, but at the time of writing, it was facing south and the $40.4-region could pose some resistance to the price as well. Ethereum Classic clung to a leThe post Binance Coin, Ethereum Classic, VeChain Price Analysis: 22 January appeared first on AMBCrypto. дальше »

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Crypto exchange Upbit shows over 100% user fund capitalization in audit report

Upbit, a South Korean-based cryptocurrency exchange, released today its latest audit reports showing over 100% user fund capitalization in both crypto and fiat. The ‘Digital Assets and Fiat Deposit Audit’ report, was completed by JIAN Accounting Corporation as of Jan 1st, 2021. дальше »

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IOTA Foundation to Power Smart Cities in South Korea: New Partnership Inked

IOTA Foundation, the non-profit behind the development and adoption of solutions based on IOTA DLT, has announced a new partnership in South Korea дальше »

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Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 hours. дальше »

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Hedera Hashgraph’s HBAR Nearly Triples in Value Following the Real World Usage of Blockchain

The National Health Services (NHS) facilities in England use blockchain technology to keep tabs on the supply and storage of temperature-sensitive COVID-19 vaccines. The system will “allow us to demonstrate our commitment to providing safe patient care,” said Steve Clarke, electro-biomedical engineering manager at South Warwickshire NHS, in a statement. дальше »

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