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South Korean Lawmakers Propose the Legalization of ICOs
South Korea has maintained a reasonably negative stance on cryptocurrencies and initial coin offerings (ICOs) since their blanket ban in September 2017. According to Business Korea’s article released on October 4, 2018, however, the National Assembly is looking to convince the government to remove the ICO ban as it may undermine South Korea’s future competitiveness. дальше »
2018-10-5 09:00 | |
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North Korea Using Bitcoin And Monero To Fund Nuclear Program
Ever heard of the term crypto laundering? North Korea (DPRK) is trading, laundering and mining cryptocurrencies such as Bitcoin (BTC) and possibly Monero (XMR) in order to evade U. S. sanctions, intelligence experts tell Asia Times. дальше »
2018-9-28 16:30 | |
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North Korea Using Cryptocurrencies to Circumvent U.S. Sanctions According to Experts
Two U. S-based financial crimes and intelligence experts, Lourdes Miranda and Ross Delston, have said that it is likely that North Korea is using both established DLT-based digital assets like bitcoin and ether to bypass U. дальше »
2018-9-28 07:00 | |
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Samsung Partners With Squire to Build ASIC Crypto Mining Chips
Canadian firm Squire Mining Ltd has roped in Samsung Electronics to manufacture ASIC chips which are used to mine cryptocurrencies. Samsung On The ASIC Chip Train The publicly listed company, which is transitioning from physical to digital mining, confirms in its press release that it has established a design house in South Korea. дальше »
2018-9-27 14:30 | |
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Report: North Korea Adopts Cryptocurrencies to Evade U.S. Sanctions
Despite a formal crackdown on foreign-made financial products, North Korea is increasingly utilizing cryptocurrencies to circumvent strict U. S. sanctions, reported Asia Times on Sept. 24. North Korea Adopts Bitcoin Spearheading the revelations are two Washington D. дальше »
2018-9-27 08:00 | |
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How North Korea Could Be Mixing Bitcoin To Get Hold Of USD
According to Cryptoglobe, two US based finance experts, Lourdes C. Miranda and Ross Delston have told Asia Times that they believe North Korea (DPRK) could be mixing cryptocurrencies in order to get hold of US Dollars, in a move designed to totally undermine US economic sanctions. дальше »
2018-9-26 20:00 | |
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Regulatory News Have Biggest Impact On Crypto Prices: Report
When media outlets report regulatory news such as bans on crypto (think China, Venezuela and South Korea) and treatment of initial coin offerings (ICOs) under securities laws (think U. S. ), these have the greatest negative effect on valuations, according to Sept. дальше »
2018-9-25 17:30 | |
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Researchers: North Korea Is Trading Crypto To Undermine International Sanctions
“International Criminals Prefer Crypto, North Korea Is No Exception” North Korea, one of the most secretive nations on the entire globe, is reportedly utilizing cryptocurrencies and digital assets to bypass international sanctions imposed on the hermit nation by the United States and its allies. дальше »
2018-9-25 07:00 | |
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Report: North Korea Is Evading US Sanctions Using Cryptocurrencies
North Korea is reportedly ramping up the use of cryptocurrencies to evade US economic sanctions. It’s also alleged that the country is developing its own native crypto asset to further assist moving money across borders, according to a duo of financial intelligence analysts from Washington D. дальше »
2018-9-24 22:00 | |
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New Crypto Exchanges Launch in Hong Kong, Korea, Indonesia
The cryptocurrency ecosystem continues to grow with the addition of some new crypto exchanges in Hong Kong, Korea, and Indonesia. Bitone Trade HK, affiliated with a Japanese publicly listed company, will support 30 cryptocurrencies. дальше »
2018-9-8 07:05 | |
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South Korean Postal Service Seeks Goldman Sachs’ Crypto Know-How
South Korea’s national postal service is meeting with Goldman Sachs’ cryptocurrency research team at the end of September. The country’s postal service revealed its intentions to dive deeper into digital assets and blockchain. дальше »
2018-9-7 17:00 | |
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Gyeongbuk Coin: South Korean Province Plans For Own Cryptocurrency and Blockchain ID System
South Korean Province to Introduce Cryptocurrencies and Blockchain-Based IDs for Employees According to local dailies in South Korea, the eastern province of Gyeongsangbuk-do is in line to issue its own cryptocurrency, open an exchange and push for adoption as payment system within the province. дальше »
2018-8-31 22:19 | |
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Report Finds Mining Activity and Bitcoin Exchange Development in North Korea
A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims. дальше »
2018-8-28 07:45 | |
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Reserve Bank of India Forms Unit on Cryptocurrencies, Blockchain, AI
The central bank of India has reportedly formed a special unit tasked to track emerging technologies such as those related to cryptocurrencies. Its members will be expected to research, draft rules, and, in the future, supervise the development of digital assets, blockchain and artificial intelligence applications. дальше »
2018-8-28 19:15 | |
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North Korea’s DPRK to Host Cryptocurrency Conference In October 2018
According to a recent report, North Korea is preparing to hold a conference dedicated to blockchain technologies and cryptocurrencies. The event which is scheduled to take place in October 2018 is assumed to attract experts from around the world who will meet delegates of North Korean enterprises. The conference will be a two-day event in […] дальше »
2018-8-26 20:10 | |
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Report: North Korea to Hold a Crypto Conference
North Korea is reportedly planning to hold a conference devoted to blockchain technologies and cryptocurrencies. The event, said to have been scheduled to take place in October, is expected to bring experts from around the world who will meet representatives of North Korean enterprises. дальше »
2018-8-26 01:35 | |
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China Blocks Access to Over 120 Offshore Digital Currency Exchanges
China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers. дальше »
2018-8-24 00:24 | |
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Cryptocurrencies in Asia: S.E.A Countries Develop Crypto-Economy and Lure Businesses
Philippines, South Korea, and Thailand ease regulations to lure fintech investment as southeast Asia. In August 2018, The Cagayan Special Economic Zone and Freeport in the Northern Philippines were launched with a $100 million blockchain hub, with the hopes of becoming the “Crypto Valley of Asia. дальше »
2018-8-21 14:00 | |
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Blockchain Law Society Launches in South Korea
The Blockchain Law Society launches in South Korea on August 24th with a clear mandate to create a proper regulatory framework for the blockchain and associated cryptocurrencies. A number of District Judges, lawyers and cryptocurrency experts have joined forces to form the working group that can help steer the blockchain regulations that are inevitable at […] The post Blockchain Law Society Launches in South Korea appeared first on Crypto Briefing. дальше »
2018-8-20 21:03 | |
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South Korea Invests $4.4 Billion in Blockchain Technology
Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to “nurture” eight growing sectors of the domestic economy–including blockchain technology. дальше »
2018-8-18 10:00 | |
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Japan’s Biggest Social Network LINE Launches $10M Blockchain Investment Fund
Yet another blockchain investment fund is set to launch in South Korea. Messaging giant Line furthers its foray into the field of cryptocurrencies and is dedicated to streamlining early-stage startup investments with a $10 million fund. дальше »
2018-8-17 10:00 | |
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South Korea Allocates One Trillion Won for Blockchain Technology in 2019
South Korea is showing a greater interest towards the field of cryptocurrencies, budgeting upwards of one trillion won (around $880 million) for the fields of blockchain technology, AI, and the sharing economy. дальше »
2018-8-16 09:00 | |
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Korean Blockchain Groups Fear Crypto Exchanges Will Lose Tax Benefits From Law Amendments
South Korea Blockchain Groups Oppose Crypto Exchanges Amendments By Government August 15th 2018 – Seoul, South Korea Earlier in the year the blockchain regulatory bodies in South Korea proposed a motion to curb the increasing popularity of trading cryptocurrencies. дальше »
2018-8-16 00:06 | |
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ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAs
In recent news pertaining to initial coin offerings (ICO) regulations, an EU report has advocated the regulation of ICOs according to crowdfunding legislation, the governor of Korea’s Jeju Island wants his jurisdiction to become a special economic zone regarding cryptocurrencies and blockchain, and the U. дальше »
2018-8-15 21:55 | |
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Renvale Capital’s Networking Event Talks South Korea’s Crypto Legislation Clarity
Renvale Capital Meets to Discuss South Korean Legislation on Cryptocurrencies In order to discuss the latest trends and legislation in cryptocurrencies, Renvale Capital held their Annual Meet the Profession Networking Dinner on July the 30th in South Korea. дальше »
2018-8-6 18:47 | |
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Cryptocurrency Exchange Giant, Bithumb, Unfreezes Withdrawals for Ten Cryptocurrencies
Bithumb, one of the prominent cryptocurrency exchange platforms in South Korea, is set to unfreeze withdrawals for ten cryptocurrencies on its platform. Meanwhile, the crypto exchange giant continues to experience a significant drop in trading volume due to an embargo on new user accounts. дальше »
2018-8-5 04:05 | |
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Cryptocurrency Exchange Giant, Bithumb, Unfreezes Withdrawals for Ten Cryptocurrencies
Bithumb, one of the prominent cryptocurrency exchange platforms in South Korea, is set to unfreeze withdrawals for ten cryptocurrencies on its platform. Meanwhile, the crypto exchange giant continues to experience a significant drop in trading volume due to an embargo on new user accounts. дальше »
2018-8-5 01:23 | |
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The Daily: Cars and Pizzas for Crypto in Russia, Crypto Valley in South Korea
The wide adoption of cryptocurrencies in Russia has been put on hold after the State Duma postponed the final reading of three crypto bills for its fall session. Nevertheless, Russian companies are already planning to introduce crypto payments as soon as the regulations are in place. дальше »
2018-8-4 15:05 | |
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On a Path to Recovery: Bithumb Reopens Deposits and Withdrawals
Following a disastrous security breach in June that led to losses of more than $30 million, Korean cryptocurrency exchange giant Bithumb has announced that it is set to resume deposit and withdrawal services on its platform. дальше »
2018-8-4 21:48 | |
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SBI Plans Derivatives Platform, Huobi Eyes 30% Korean Market, Thai Four-Crypto ATM Unveiled
Japan’s SBI Group is reportedly planning to create a crypto derivatives platform. In South Korea, Huobi is taking an aggressive approach and expects to achieve a 30% crypto market share. Meanwhile, a Thai crypto exchange has unveiled an ATM that supports four cryptocurrencies. дальше »
2018-8-3 00:15 | |
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South Korea Bitcoin Transactions Major Line Benefits to End Benefits
Taxes The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. дальше »
2018-8-1 11:31 | |
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South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges
The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. дальше »
2018-8-1 09:55 | |
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South Korea’s FSC Urges Legal Crypto Regulation to Combat Hacks and Theft
Representative of South Korea FSC Urges Crypto Regulation, As Hacks and Theft Increase South Korea has been both praised for and concerned about when it comes to cryptocurrencies. The former is due to its growing number of crypto exchanges. дальше »
2018-7-27 12:56 | |
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Bitcoin, Ethereum, XRP and other coins to be protected better with the new bill, says South Korean official
On 25th July, South Korean officials made it clear that the country’s governing bodies must come together to enforce cryptocurrency regulations. This comes in the wake of major hacks that has threatened to destabilize the financial markets as well as dissuade people from adopting cryptocurrencies on a larger scale. South Korea is making a steady progress […] дальше »
2018-7-27 23:34 | |
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South Korea’s Financial Innovation Bureau Will Legitimize Blockchain and Cryptocurrency
South Korean government officials are taking a very interesting stance on cryptocurrencies. Although they want to bring more legitimacy to this industry, it will need to happen through regulatory efforts first and foremost. дальше »
2018-7-24 19:00 | |
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South Korea’s Crypto Regulation Shakeup: New Bureau, Agreement With China
South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. A bureau dedicated to financial innovations that include cryptocurrencies is being set up. дальше »
2018-7-23 06:45 | |
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Cryptocurrency division has been created by South Korea’s financial service commission
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 17:21 | |
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South Korea’s Financial Services Commission Announces Creation of Cryptocurrency Division
South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. дальше »
2018-7-21 14:00 | |
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South Korea’s Finance Watchdog’s New Crypto Division
South Korea’s Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The FSC said the new department – dubbed the Financial Innovation Bureau – will focus on developing policy-making initiatives for the domestic blockchain and fintech industry, The Korea Times reported on Thursday. The decision to set up the дальше »
2018-7-20 21:30 | |
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South Korea's Finance Watchdog Is Forming a Crypto Division
South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain. дальше »
2018-7-20 18:30 | |
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This startup is the perfect example of Korea’s vibrant crypto market
Though cryptocurrencies and blockchain applications seem to have taken the entire world by storm, there are few places where this new technology has been embraced like South Korea. In part, thanks to changing regulations within the country, the overwhelming sentiment seems to indicate that crypto will soon become fully integrated into everyday life in South Korea. дальше »
2018-7-16 16:49 | |
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Cryptocurrencies are the ‘future of money’: The United States Congress
On 14th July, The United States House of Representatives has gone so far as to say that digital currencies are the ‘future of money’. This latest development comes in the wake of countries such as South Korea, Malta, and Switzerland adopting and implementing clear regulation for the $250 million cryptocurrency market. The United States will begin […] дальше »
2018-7-15 12:15 | |
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U.S. House Financial Services Committee Will Discuss if Cryptocurrencies are ‘The Future of Money’ Next Week
The U. S. House of Representatives Financial Services Committee announced today, July 12th, that it will be hosting a hearing titled “The Future of Money: Digital Currency” next Wednesday, July 18th. дальше »
2018-7-13 10:32 | |
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U.S. House Financial Services Committee Will Discuss if Cryptocurrencies are ‘The Future of Money’ Next Week
The U. S. House of Representatives Financial Services Committee announced today, July 12th, that it will be hosting a hearing titled “The Future of Money: Digital Currency” next Wednesday, July 18th. дальше »
2018-7-13 01:41 | |
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