Korean tax service mulling new platform to monitor all crypto transactions

2024-3-11 12:27

Korea’s National Tax Service wants to develop a new management system to monitor crypto transactions and combat illegal activities, targeting completion by 2025. South Korea‘s National Tax Service has initiated preliminary consultations with a consulting firm to develop a new…

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GoCrypto launches new crypto-enabled point of sale device: elly POS

CryptoNinjas » GoCrypto launches new crypto-enabled point of sale device: elly POS GoCrypto, a system enabling merchants and service providers to accept payments with crypto, has announced the launch of elly POS, a point-of-sale terminal that combines cards, crypto, and digital payments on one device, and enables merchants to generate extra revenue from integrated services.

2021-2-3 13:56


Blockstream’s Liquid Federation Adds New Members; 59 Crypto Companies In The Network

Blockstream has expanded the membership of its federated Bitcoin sidechain to 59 members by adding 6 members. The members include fintech-focused broker Watchdog Capital, Bitcoin-native financial service provider Vulpem Ventures, Liquid swap infrastructure provider SideSwap, Infrastructural privacy developer Nym Technologies, digital asset custody firm Komainu, as well as Bitcoin wallet app Coinos.

2021-1-13 05:47


UK’s FCA New Law Prohibiting Sale of Crypto Derivatives to Retail Traders Takes Effect

In October 2020, the FCA introduced a new set of crypto laws to govern the sale of derivatives on these assets, – which have become effective as of January 6th, 2021. According to the law, cryptocurrency service providers are prohibited from selling, marketing, and distributing crypto-related investment products to retail customers given the risk these […] The post UK’s FCA New Law Prohibiting Sale of Crypto Derivatives to Retail Traders Takes Effect first appeared on BitcoinExchangeGuide.

2021-1-8 23:16


CPH Crypto Offers Total Trading Flexibility with New Mobile App for iOS and Android

Bitcoin Press Release: Publicly-listed Scandinavian discount crypto exchange CPH Crypto launches its mobile trader apps, now available on Google Play/Android and App Store/iOS platforms. 4th January 2021, Copenhagen – Just a couple of weeks ago CPH Crypto, a leading Scandinavian deep-discount crypto exchange, announced margin trading 10x on crypto spot as its latest service.

2021-1-5 11:00


FinCEN’s Crypto Rule Is The “Definition of Bad Regulation;” Market’s Lack of Reaction Is Bullish

The Financial Crimes Enforcement Network (FinCEN) issued its new proposed rule extending anti-money laundering (AML) regulation to non-custodial wallets on Friday. Under the latest proposed rules, banks and money service businesses that involve exchanges and custodians would be required to keep records and verify the identity of customers transacting greater than $3,000.

2020-12-20 16:23


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Fantom uses Band Protocol’s (BAND) price oracles to launch Liquid Staking

Fantom — a scalable, fast, and secure platform for DeFi, supply chains, and even crypto payments — just launched a new DeFi protocol called Liquid Staking. The service combined its own technology with Band Protocol’s (BAND) decentralized price oracles to bring liquidity to stake assets on its layer-1 protocol, and being the first project in crypto history to ever do so.

2020-12-13 12:41


PlasmaPay introduces DeFi dashboard and portfolio management service

PlasmaPay, a digital payment platform enabling seamless entry into decentralized finance, has announced the launch of its DeFi dashboard, and portfolio management service, Plasma. Finance. This new dashboard will give users access to the most popular protocols in decentralized finance (DeFi) by putting everything on one interface.

2020-12-10 05:20


PayPal’s Recent Love Relationship with Digital Assets Contributes to Positive Price Actions, Says Pantera

On October 21, 2020, PayPal confirmed the launch of a new service that would enable its customers to buy, hold, and sell digital assets directly from their PayPal accounts. The payment behemoth also revealed plans to significantly increase the utility of cryptocurrency by making it a funding source for purchases at 26 million merchant stores […] The post PayPal’s Recent Love Relationship with Digital Assets Contributes to Positive Price Actions, Says Pantera appeared first on NullTX.

2020-12-8 19:04


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Kraken’s CF Benchmarks hits 50% dominance on crypto ETF market

Kraken’s CF Benchmarks achieves dominance in the crypto ETF market with $24 billion in reference data, gears up for expansion amid unprecedented demand surge. CF Benchmarks, a branch of the cryptocurrency exchange Kraken, is making big gains from this year’s…

Crypto Crackdown In South Korea: New Unit To Hunt Down Criminals

South Korea, a nation long enamored with cryptocurrency, is tightening its belt on the digital asset frontier. Faced with a surge in crypto-related crimes, the country is bolstering law enforcement and implementing its first-ever comprehensive crypto regulation, set to take effect in July 2024.

Regulatory Drama: Why Crypto.com Postponed Its Big Move Into Korea Days Before Launch

Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic decision came just six days before the planned launch, and according to the report, this delay is due to the company’s need for more comprehensive engagement with local regulatory bodies. Related Reading: South Korean […]