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Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws
In this roundup, we cover several crypto-related actions by the U. S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar. дальше »
2020-1-7 17:00 | |
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South Korea Confirms No Income Tax on Crypto Profits
According to the South Korean Ministry of Finance’s new announcement, the country’s current tax laws do not include the taxation of profits made through trading crypto. The Ministry of Finance and Strategy in South Korea recently resolved the confusion regarding the taxation of profits made through crypto trading. дальше »
2019-12-30 16:00 | |
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South Korea Prepares to Draft Bitcoin Capital Gains Tax Guidelines
The South Korean government wants to tax capital gains on cryptocurrencies. This new decree has yet to be officially improved by the proper authorities. South Korean news outlet Korea Times claims the government wants to impose capital gains taxes on virtual currencies, including bitcoin. дальше »
2019-12-10 01:00 | |
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South Korea’s KT Corporation Is Going After Blockchain Tech with China Mobile
KT Corporation is the largest telecommunications provider in all of South Korea, and they’ve decided to team up with China Mobile. In their new project, the twosome will be focusing on 5G roaming and blockchain technology, according to reports by The Korea Herald on December 5th. дальше »
2019-12-6 01:31 | |
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Digital Gold Rush: Bitcoin Mining Boom Coming to American West
Sentiment in the crypto industry is generally bearish at the moment as bitcoin takes another turn south and threatens to drop into the $6k region again. BTC mining outfits are unperturbed, however, and are heading to America’s west in droves as a new digital gold rush begins. дальше »
2019-12-4 13:00 | |
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South Korean Startup Claims to Have Solved Blockchain’s Speed Problem
South Korean startup reportedly develops a new technology that reduces blockchain transaction times to fractions of a second
дальше »2019-12-4 02:01 | |
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South African Reserve Bank to Introduce New Cryptocurrency Rules
The South African Reserve Bank (SARB) is aiming to introduce new ‘crypto rules’ to crack-down on cryptocurrency use-cases in evading currency controls. The rules will likely come forth in the first quarter of 2020. дальше »
2019-12-2 16:52 | |
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South African Central Bank to Reportedly Introduce New Crypto Regulations
The South African Reserve Bank will reportedly introduce new rules on cryptocurrencies to deter users from evading currency controls
дальше »2019-12-3 15:56 | |
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South African Central Bank Rolls Out New Rules for Digital Assets
The South African Reserve Bank (SARB) is planning on new rules for the usage of digital assets, in a bid to stop illegal fund transfers. New Rules for Crypto Usage May Attempt to Limit Transfers According to local news reports, cited by BusinessReport, the new rules will be applied by the end of the first quarter in 2020. дальше »
2019-12-2 15:06 | |
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South African bitcoin exchange OVEX launches arbitrage trading service
OVEX, a South African based bitcoin and cryptocurrency exchange, today announced a new arbitrage service that is designed to exploit mismatches in the price of bitcoin to the U. S. dollar USD) and South African rand (ZAR). дальше »
2019-11-26 21:37 | |
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International Payments Specialist Mercury FX Uses Ripple to Access Inaccessible Markets
Mercury FX is an international payments specialist with offices in London, Hong Kong and South Africa. The company joined RippleNet to speed up transfers, lower costs and open up new markets that were previously too expensive to access. дальше »
2019-11-22 21:59 | |
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Ubitquity bringing blockchain-powered title and records to South East Asia
Ubitquity, an enterprise-ready blockchain-secured platform for real estate and title recordkeeping, today announced a new use-case for bringing blockchain-powered title and record management to South East Asia via the company E-Title Cambodia. дальше »
2019-11-13 19:29 | |
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New Wirex Visa Travelcard To Reward Users With 1.5% in Bitcoins on All In-Store Purchases
Crypto and fiat multi-currency accounts provider, Wirex has officially launched its travel Visa card as of Monday, November 11, 2019. Considering the fact that the firm focuses on establishing connections around the world with its services, the new travelcard will first be made present in the Asia-Pacific region, namely, Singapore, Taiwan, Hong Kong, South Korean, […] дальше »
2019-11-12 01:17 | |
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Power Ledger Launches a Blockchain Energy Trading Software, Virtual Power Plant, in Australia
Power Ledger, an Australian blockchain company, is launching blockchain technology in South Australia in partnership with a local energy retailer, Powerclub. With the new blockchain technology, Australians will be able to pool excess solar energy and battery storage into a Virtual Power Plant, which enhances effective management and exercises significant control over their energy. Like […] дальше »
2019-11-9 22:36 | |
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Bithumb Chain is Releasing a New ‘Exchange-as-a-Service’ to Allow Users to Create DeFi Apps
Bithumb, a prominent South Korean crypto exchange, has recently announced its new “exchange-as-a-service” platform, which is powered by the company’s own blockchain tech, Bithumb Chain. The product was announced this week and the idea is to allow the users to create their own decentralized finance applications using it. Right now, the platform is still being […] дальше »
2019-11-7 23:16 | |
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Samsung Unveils new Blockchain kit for Decentralized Application Developers
Samsung Electronics has announced the launch of its much-anticipated blockchain software development kit (SDK), aimed at making it easier for developers of decentralized applications (dApps) to create blockchain solutions for its Galaxy smartphones, according to a BusinessKorea report on November 5, 2019. дальше »
2019-11-6 00:00 | |
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An Original Korean Crypto Exchange And Wallet, Coinplug, Sees Renewed Interest From Major Banks
South Korea’s major local bank invested in the country’s earliest bitcoin exchanges, Coinplug. As per information, Coinplug has raised 7. 5 billion Won from KB Investment, a venture arm of KB Financial Group. дальше »
2019-10-25 19:08 | |
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Upbit Exchange’s Operator Dunamu Looks To Use Blockchain for OTC Securities Platform
Dunamu, the company which acts as the operator behind the popular crypto exchange Upbit, has recently affirmed that it would release a new app that could be used to trade unlisted securities in South Korea. дальше »
2019-10-19 23:05 | |
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Kakao’s blockchain ecosystem Klaytn onboards 8 new app partners
Kakao’s blockchain ecosystem Klaytn onboards 8 new app partners - CryptoNinjas Klaytn, the blockchain project led by the South Korean Internet giant Kakao, today announced that 8 new blockchain projects have joined Klaytn as service partners. дальше »
2019-10-18 17:03 | |
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Monero Delisted from OKEx, Privacy Coins Zcash, Dash Under Review
The South Korean division of Malta-based digital asset exchange OKEX has suspended the delisting of two privacy-oriented cryptocurrencies due to new regulatory guidelines released by the Financial Action Task Force (FATF). The planned suspension of... дальше »
2019-10-11 11:19 | |
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Korean blockchain firm ICONLOOP raises over $8M to grow digital ID service
Korean blockchain firm ICONLOOP raises over $8M to grow digital ID service - CryptoNinjas ICONLOOP, one of the largest blockchain enterprises in South Korea and creators of the ICON blockchain, today announced that it raised KRW 10 billion (over USD 8 million) in Series A funding. дальше »
2019-10-11 19:45 | |
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New Ripple Gateway Launched By South African Exchange for XRP-based Transfers
Xago, a Cape Town-headquartered fintech firm, revealed on October 9 that it’s launching a Ripple gateway and custom-designed exchange. As noted in the release, Xago’s exchange connects to and utilizes RippleNet, a decentralized network of... дальше »
2019-10-10 12:27 | |
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Bitcoin (BTC) Options To Be A Huge Hit Amongst Chinese Miners, Traders
The upcoming Bitcoin (BTC) options may be a hit product with miners and traders based in China, the CME Group believes. CME Notes Robust Interest from Asian Traders Tim McCourt, CME Group’s global head of equity products, expects to see the new options contracts surpass the popularity of futures. дальше »
2019-10-10 11:55 | |
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BiKi.com Assembles Staggering VC Lineup From Korea Blockchain’s Finest
4th October 2019, Singapore, Singapore – Well-aware that global success is not an accident, fast-growing trading platform BiKi. com is strategically and meticulously penetrating new markets and countries. дальше »
2019-10-4 06:10 | |
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Bithumb Global Announces “Next-Generation” Digital Asset Exchange
Bitcoin Press Release: Leading South Korean digital asset exchange Bithumb announces the ‘Bithumb Global’ 1. 0 exchange version update. 2nd Oct 2019, HONG KONG – Bithumb Global, South Korea’s top digital asset exchange, has announced new upcoming features and initiatives on their recently launched “Bithumb Global” 1. дальше »
2019-10-2 13:20 | |
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Bithumb Global Announces “Next-Generation” Digital Asset Exchange
HONG KONG – Bithumb Global, the global platform for Bithumb Korea - South Korea's top digital asset exchange, announces new upcoming features and initiatives on their recently launched “Bithumb Global” 1. дальше »
2019-10-2 00:09 | |
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BK Consortium Failing To Close On Majority Stake In $333 Million Bithumb Acquisition Deal
BK Consortium’s bid to acquire South Korean exchange Bithumb may have fallen apart according to reports surfacing from the Asian country’s local media. The exchange may reportedly end up with new owners after the deal to place it in BK’s hands has hit a brick wall. дальше »
2019-9-30 16:32 | |
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Crypto Exchange Bithumb Global Finally Changes Status from Beta Testing After Brutual Hack
The global version of the South Korea crypto exchange Bithumb has just come out of beta. According to a recent press release, Bithumb Global has been properly launched now, which will boost the company’s mission to expand its business to other countries, especially Japan, which has a big audience. Bithumb Global’s new 1.0 version is […] дальше »
2019-9-26 00:47 | |
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Bithumb Announces Revamped Platform With New Fiat-to-Crypto Options
South Korean cryptocurrency exchange Bithumb has launched an upgraded version of its website and new options for cryptocurrency investment. The post Bithumb Announces Revamped Platform With New Fiat-to-Crypto Options appeared first on Bitcoin Magazine. дальше »
2019-9-26 21:12 | |
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China has no idea know when it will launch its digital currency
Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports. дальше »
2019-9-25 16:30 | |
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Monero developers release tentative schedule for planned upgrade on 30 November
Monero continued to remain in the limelight after many exchanges started to delist the privacy coin, with many in South Korea doing so citing the FATF’s new travel rule. This time, Monero has caught the attention of the crypto-community for its upgrade towards the end of the year. дальше »
2019-9-25 23:30 | |
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Samsung releasing new crypto-friendly smartphone dubbed ‘KlaytnPhone’
South Korean electronics manufacturer, Samsung, has time and again shown an interest in the field of cryptocurrencies and blockchain tech. Earlier this week, the company had filed a patent for a programmable blockchain solid-state drive [SSD], with the company last month integrating Pundi X’s XWallet app into its Samsung Blockchain Wallet. дальше »
2019-9-5 09:45 | |
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Samsung Submits A New Patent For Blockchain-Enabled Solid State Drive and Switch
Samsung, the electronics giant from South Korea, has recently decided to file a new patent for a new solid-state drive (SSD) that would use the blockchain technology. According to Decenter, a local industry-focused paper, the company has asked for the patent at the beginning of the year. The main goal of the new project is […] дальше »
2019-9-3 19:50 | |
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South Korea’s Largest Payment Processor To Use KT’s Blockchain To Settle Rewards
The largest payment processor company in South Korea, BC Card, has recently started a new partnership with KT, the second-largest telecom company of the country. With this new partnership, KT is set to use its Hyperledger Fabric technology to create a new rewards settlement system for the other company. According to the press release, the […] дальше »
2019-8-28 21:28 | |
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I Wasted My Money on Bitcoin: Billionaire Asset Manager
Bitcoin forayed into the financial markets ten years ago and became a benchmark asset to a new wave of trading instruments now known as cryptocurrencies. But for South Africa’s richest woman Magda Wierzycka, it is not worth an investor’s dime. дальше »
2019-8-23 17:00 | |
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Major Crypto Exchange From South Korea, Coinone, Shares Official Checklist for New Coin Listings
The third-largest crypto exchange of South Korea, Coinone, has decided to create a set of criteria for the company that wants to let people trade their tokens on the platform. This decision was announced soon after the exchange made a partnership with CertiK, a local company that will now be responsible for security validation in […] дальше »
2019-8-16 01:16 | |
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Samsung Adds Bitcoin Support to Its Blockchain Keystore
On August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20 standard. дальше »
2019-8-16 23:45 | |
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Shinhan to Team-up With Kakao’s GroundX and Hexlant to Enhance Blockchain Security System
Shinhan has gained a much-deserved reputation as one of the oldest and largest banking companies in operation within South Korea, has announced a brand new partnership with two emerging Fintech companies. дальше »
2019-8-15 00:30 | |
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