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Governor of China’s central bank defines STOs as illegal financial activity in the country

The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings)  were […] дальше »

2018-12-10 09:29


Deputy governor of China’s central bank defines STOs as illegal financial activity in the country

The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings)  were […] дальше »

2018-12-10 09:29


People’s Bank Of China (PBoC) Says Security Tokens (STO) Are An “Illegal Financial Activity In China”

China’s Central Bank, the People’s Bank of China, reported to the South China Morning Post its decision concerning security token offerings, noting that they are illegal in the country. The bank’s deputy governor Pan Gongsheng appeared at a summit in Beijing and there, he discussed the “illegal” financing activities that have been effectuate with STOs […] дальше »

2018-12-10 06:11


South Korea is Becoming a Cryptocurrency Powerhouse for Adoption and Blockchain Use Cases

No other nation has managed to earn and continue to carry as advanced a reputation as South Korea has gaining this reputation as a high-tech centre for its line of technology, e-sports, innovation as well as a broad range of consumer electronics, it's no real surprise that Cindicator, which published a report, highlighting the sort […] дальше »

2018-12-9 12:22


Report: South Korea to Push for Major Adoption of Cryptocurrencies

South Korea will push for major cryptocurrency adoption, claims a new report, strengthening the spotlight on the tech hub which forms one of the most crypto-friendly countries in the world.  Also read: Korean Incoming Minister Confirms Crypto Taxation Plans South Korea’s Enthusiasm for Tech As one of the most innovative countries in the world, it’s no […] The post Report: South Korea to Push for Major Adoption of Cryptocurrencies appeared first on Bitcoin News. дальше »

2018-12-9 01:35


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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm

BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »

2018-12-8 21:38


South Africa to Update, Review Old National Payment System, Cryptos Can Be Positively Affected

The financial authorities of South Africa are now looking for comments on a proposed policy that could enact changes that would offer more regulatory certainty in the country. This happened soon after the South African Reserve Bank (SARB) and the National Treasury decided to overhaul the current system that is being used in the country, […] дальше »

2018-12-7 17:41


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New Report Spotlights South Korea’s Growing Importance on Global Crypto Stage

South Korea is already a key player on the global cryptocurrency stage but a new report by blockchain intelligence startup Cindicator suggests that this is only the beginning. South Koreans are estimated to account for 30% of all cryptocurrency trading in the world and about 30% of locals are said to have invested in them. дальше »

2018-12-7 02:30


South Korea’s FSS Watchdog Warns 2 Banks for Lack of Crypto Trading AML Regulation Management

As South Korea has come in to the cryptocurrency market, they have been fairly strict about the regulations that exchanges and investors must adhere to. However, as the Financial Supervisory Service (FSS) has reviewed the local financial institutions, they have found that two major domestic banks are not doing their part in anti-money laundering (AML) […] дальше »

2018-12-5 03:28


ConsenSys And South Korea’s SK Group Sign Partnership to Build a Blockchain Business Hub

ConsenSys, the blockchain company created by Joseph Lubin, the co-creator of the Ethereum network, has partnered with SK Group, a huge tech holding based in South Korea. The two companies have recently signed a Memorandum of Understanding (MoU) and will cooperate to create a blockchain business hub in South Korea This new enterprise blockchain development […] дальше »

2018-12-5 23:58


South Korea Is Trialing Blockchain Voting — Here’s What That Means

South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time. дальше »

2018-12-4 21:41


Korean Incoming Minister Confirms Cryptocurrency Taxation Plans

South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies and the private sector will be formed to examine overseas cases to establish domestic cryptocurrency tax rules. дальше »

2018-12-4 11:15


Korean Incoming Minister Confirms Crypto Taxation Plans

South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies and the private sector will be formed to examine overseas cases to establish domestic cryptocurrency tax rules. дальше »

2018-12-4 11:15


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Cryptocurrency Exchange OKEx Launches Perpetual Swap Product to Expand Trading Suite

South Korean cryptocurrency exchange OKEx launched its perpetual swap trading product in Seoul on December 3, 2018, during a press conference attended by BTCManager. Burgeoning Crypto-Finance Domiciled in Malta, OKEx described the product as a significant addition to its growing list of crypto-centric trading products and financial tools. дальше »

2018-12-3 21:30


Северокорейские хакеры меняют тактику

Как пишет китайская газета South China Morning Post, глава компании кибербезопасности Cuvepia Квон Сёк-Чул сообщил, что в последнее время компания выявила более 30 атак на владельцев криптовалют, за которыми, скорее всего стоят северокорейские хакеры. дальше »

2018-12-2 12:54


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What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto

Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share. дальше »

2018-12-1 22:18


Северокорейские хакеры начали взламывать индивидуальные криптовалютные кошельки

Эксперты Cuvepia и IssueMakersLab из Южной Кореи заявили, что северокорейские хакеры от атак на криптобиржи перешли на кражи цифровой валюты у обычных пользователей. За восемь месяцев киберспециалисты Cuvepia зафиксировали около 30 подобных случаев, пишет South China Morning Post. дальше »

2018-11-30 13:34