2021-5-26 22:00 |
Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy.
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Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun.
2021-4-22 19:00 | |
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Ledger closed a partnership with FLETA, which is a blockchain platform for decentralized applications (dapps) based in South Korea, to offer custodian services that comply with the local laws. Ledger has created Ledger Vault in an attempt to offer its institutional-lever services to more clients.
2020-1-23 20:36 | |
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Asian stocks closed lower on Friday as investors gauged emerging trade uncertainties in the United States and weak Chinese economic data. Japan’s Nikkei and Hong Kong’s Hang Seng dropped by 0.
2019-9-28 17:22 | |
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Video game developer Pixowl, the developer of games such as Garfield: Survival of the Fattest and Goosebumps HorrorTown, announced it closed a $2. 5 million USD investment round for the upcoming blockchain-based iteration of its popular game, The Sandbox.
2019-5-23 02:33 | |
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TEMCO Labs, a supply chain management product for small to medium-sized businesses powered by the RSK Blockchain, recently closed a seed round of an undisclosed size. Notably, Korea Investment Partners (KIP), the largest venture capital firm in South Korea, made its first blockchain investment in TEMCO Labs.
2018-10-3 14:00 | |
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Court approves Genesis Global's plan to distribute $3 billion to creditors, rejecting Digital Currency Group's objections. The post Genesis wins court nod to return $3 billion to creditors appeared first on Crypto Briefing.
Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40%. In a May 15 report, Coinbase Institutional Research Analyst David Han asserted that the main factor that led the SEC to approve spot Bitcoin ETFs — the correlation between CME futures […] The post Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end appeared first on CryptoSlate.
Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16. Warren asserted that the bulletin, which applies to companies that deal with crypto, is designed to provide accounting guidance.
Oklahoma has become the first US state to legally protect the right to self-custody Bitcoin after passing a new bill. The newly signed legislation ensures that residents can hold, control, and use digital assets without state interference.
Quick Take Bitcoin went above the $67,000 mark, nearly hitting $67,500 — its highest level since April 13. The remarkable rally has triggered a wave of liquidations within the digital asset ecosystem over the past 24 hours.
Binance exec Tigran Gambaryan denied bail by Nigerian court, faces money laundering and tax evasion charges. The post Nigerian court denies bail and allows Tigran Gambaryan to stand trial on behalf of Binance appeared first on Crypto Briefing.
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator's scope.