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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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Korean Self-Regulatory Body: 12 Cryptocurrency Exchanges Meet Minimum Requirements
The Korean Blockchain Association (KBA) has passed a vote of confidence on 12 cryptocurrency exchange platforms in South Korea. All 12 Cryptocurrency Exchange Platforms Meet the Requirements According to the KBA, all 12 participants in the audit passed the minimum requirements set forth by the Association. дальше »
2018-7-13 00:51 | |
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Self-Regulating South Korean Exchanges Receive a Favorable Audit
South Korea is a very important location in the world of cryptocurrency. Its exchanges generate tremendous amounts of trading volume, and it seems that situation will not change anytime soon. According to a new report, the Korean Blockchain Association has announced that all exchanges meet its regulatory requirements, which is a very positive sign. Korean Exchanges […] дальше »
2018-7-13 00:00 | |
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Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire
The self-regulatory inspection of South Korean cryptocurrency exchanges is complete. Fourteen out of 23 exchanges agreed to be inspected. Twelve met the self-regulatory standards despite security flaws, raising questions of how effective the inspection is. дальше »
2018-7-13 21:51 | |
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New Bills On Cryptocurrency Regulation Expected From South Korea
The stage is set for the debate over cryptocurrency and blockchain legislation in South Korea.
дальше »2018-7-12 21:49 | |
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Coinsquare Begins Overseas Expansion by Filing for a Japanese Exchange License
Japan has quickly risen to the top in terms of cryptocurrency activity. Ever since China’s PBoC officially banned fiat-based trading, Japan has taken its spot, alongside South Korea. Coinsquare, the Canadian exchange, is eyeing a Japanese expansion. дальше »
2018-7-13 21:00 | |
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Korean Cryptocurrency Exchanges Pass KBA Regulatory Review – A Boost for Retail Investor Confidence!
The Korea Blockchain Association (KBA) found that 12 Korean cryptocurrency exchanges passed the minimum standards required when it came to cybersecurity measures. These included large exchanges like Bithumb, Korbit, and Gopax. дальше »
2018-7-13 16:39 | |
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Bank of Korea Reveals the Impact of Digital Assets in South Korea’s Banking and Finance Sector
South Korea’s central bank, the Bank of Korea (BOK), has revealed that the outstanding balance of cryptocurrency accounts in the country’s domestic banks stood at nearly $2 billion ($1. 8 billion) as of December 2017. дальше »
2018-7-13 16:19 | |
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South Korean MLAs work for Fast Track Cryptocarvoicity and Blackhorn Regulations
A report published on Wednesday, July 11, by The Korea Times suggests that South Korean legislators are all set to submit the draft bills to regulate the country’s cryptocurrency, blockchain and ICO markets. дальше »
2018-7-12 11:04 | |
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South Korean Legislators Working to Fast-Track Cryptocurrency and Blockchain Regulations
Members of South Korea's political parties will present their draft bills and debate on it during an extraordinary session of the National Assembly, from July 13 to 26. The post South Korean Legislators Working to Fast-Track Cryptocurrency and Blockchain Regulations appeared first on CoinSpeaker. дальше »
2018-7-12 09:07 | |
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COO of Beyond Blocks on Korea Blockchain Week: “Korean Projects Are the Ones That Make People Go Nuts”
Korea Blockchain Week is setting up perfectly for organizers and attendees with excitement levels increasing on a stream of pro-blockchain news coming from the country recently. The most recent news report states that the Korean Government is working on a classification system which could legitimize the blockchain industry. дальше »
2018-7-10 16:34 | |
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Cryptos Pose ‘Insignificant Risk’ to Financial Markets: Bank of Korea
One week after the Financial Services Commission (FSC) of South Korea said that it is “not opposed” to digital currencies, a Bank of Korea report claimed that cryptocurrencies do not pose a significant risk to the country’s financial system. дальше »
2018-7-10 16:19 | |
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South Korea to Legitimise the Blockchain and Cryptocurrency Industry
South Korea’s relationship with cryptocurrencies has had a tumultuous past. From the country being an important crypto market to crackdowns and imposition of strict regulations at the beginning of 2018, the authorities have frequently changed their outlook on digital currencies. дальше »
2018-7-10 13:59 | |
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Cryptocurrency Ownership a Hurdle to Investment
Security Cryptocurrency analysts are increasingly arguing that the lack of custody services provided by leading players from within the finance industry pose a significant barrier to institutional investors seeking exposure to the cryptocurrency markets. дальше »
2018-7-10 10:30 | |
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Crypto Custody Poses Barrier to Institutional Investment
Cryptocurrency analysts are increasingly arguing that the lack of custody services provided by leading players from within the finance industry pose a significant barrier to institutional investors seeking exposure to the cryptocurrency markets. дальше »
2018-7-10 08:05 | |
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South Korean Banks Now Own More Cryptos Than Even Bithumb
Bitcoin price tumble from estimated price of $20,000 in 2017 to $6,000 in early 2018 has made commercial banks in South Korea holders of more cryptos than the largest cryptocurrency exchange in the country, Bithumb. дальше »
2018-7-10 01:15 | |
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South Korean Central Banks Own Nearly $2 Billion Worth In Crypto Assets Portfolio
It seems that the adaption for banks to be more accepting of cryptocurrency has taken their regulations a step further, joining in on these investments themselves. The central bank of South Korea has recently found success, reporting that local commercial banks had won $1. дальше »
2018-7-9 10:44 | |
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Policy Easing, New Crypto Classification in South Korea
South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. дальше »
2018-7-9 08:15 | |
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South Korea Moving Towards Cryptocurrency Acceptance
South Korea is continuing to legitimize and embrace cryptocurrency through a careful and considered approach. ‘The regulator isn’t opposed to cryptocurrencies’ On May 19, Bitcoinist reported that Korean regulators had agreed to apply the G20’s set of “unified regulations” in regards to cryptocurrencies. дальше »
2018-7-8 06:00 | |
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Korea Will Fuel the Development of dApps and Base Blockchain Layers Like Ethereum, EOS and NEO
Local publications reported that the government of South Korea finalized plans to legitimize the cryptocurrency exchange market and the blockchain sector with a newly created regulatory framework. дальше »
2018-7-7 23:00 | |
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South Korea Likely to Unwind Cryptocurrency Rules to Coordinate with the G20 Directives
Earlier this year, top financial heads of the G20 country had a discussion for cryptocurrencies and their role in the global economy. At that time, the leaders pledged for having “unified regulations” towards the functioning of digital currencies. дальше »
2018-7-7 11:48 | |
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South Korea Likely to Relax Cryptocurrency Rules to Cooperate with the G20 Directives
The SEC said that it has made revisions to its rules to apply strengthened policies in order to prevent or detect money laundering and illegal activities because they aren't opposed to cryptocurrencies. дальше »
2018-7-7 10:23 | |
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Korean Financial Authorities Draft Policies to Help Grow Crypto Industry
Financial authorities in Korea will ease regulations on crypto-based assets in attempts to line-up with policies brought forth by the G20 nations and foster growth in the industry. Korea Establishes “Unified Regulations” The new polices are “unified regulations” that relate to “all activities” of Korea’s cryptocurrency exchange operators — a country that has a huge. дальше »
2018-7-7 00:00 | |
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South Korea Admits Crypto Exchanges Being Regulated Financial Institutions
From now on the cryptocurrency exchanges of South Korea form a new industry named “Cryptocurrency Exchange and Brokerage” able to operate at a large capacity with full government support. The post South Korea Admits Crypto Exchanges Being Regulated Financial Institutions appeared first on CoinSpeaker. дальше »
2018-7-7 20:52 | |
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Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions
From now on the cryptocurrency exchanges of South Korea form a new industry named “Cryptocurrency Exchange and Brokerage” able to operate at a large capacity with full government support. The post Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions appeared first on CoinSpeaker. дальше »
2018-7-6 20:52 | |
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South Korea Recognizes Crypto Exchanges With Launch of Blockchain Classification System
South Korea has taken another step towards the legitimization of cryptocurrency with the announcement of a new regulatory initiative that will see blockchain platforms and businesses governed by a new classification system. дальше »
2018-7-6 09:00 | |
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South Korea is Drafting New Blockchain Industry Classification Standards
South Korea Announces New Classification Standards for The Blockchain Industry and Legitimizes It It seems like the battle for legitimacy that the blockchain and cryptocurrency industry is facing in South Korea seems to be near its end. дальше »
2018-7-5 23:18 | |
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Cryptocurrency Exchanges Are Officially Recognized By South Korea
South Korea has moved to recognize cryptocurrency exchanges as legal entities in their own right for the first time, cementing their position in the local economy. Increasing Official Status The move marks a further step forward in South Korea’s increasing legitimization of cryptocurrency. дальше »
2018-7-5 17:51 | |
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South Korea Officially Recognizes Cryptocurrency Exchanges
South Korea has moved to recognize cryptocurrency exchanges as legal entities in their own right for the first time, cementing their position in the local economy. Unveiling ‘Cryptoasset Exchanges And Brokerages’ As local news outlet The B-Chain reports, new “classification” of Blockchain-related industries means exchanges are now considered “cryptoasset exchanges and brokerages. дальше »
2018-7-5 15:00 | |
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Biggest Mileage System in Korea OKCashBag With 35 Million Users Will Use Cryptocurrency
OKCashBag, the biggest mileage and membership system in South Korea operated by SK – the country’s largest telecommunications conglomerate– is preparing to integrate major digital assets to incentivize users with cryptocurrency. дальше »
2018-7-3 18:00 | |
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Korea’s oldest mileage scheme can change money points to Kryptos
The company behind OK Cashbag, the oldest and most popular mileage point program in South Korea, is mulling a plan to convert cash points accumulated by its users into cryptocurrency. In an interview with CoinDesk Korea, SK Planet said a plan to introduce a blockchain system to tokenize cash points has been shared with the дальше »
2018-7-3 13:49 | |
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Korea's Oldest Mileage Program May Convert Cash Points to Crypto
The company behind OK Cashbag, the oldest mileage point program in South Korea, is mulling a plan to convert cash points into cryptocurrency. дальше »
2018-7-3 12:00 | |
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South Korea Sets up Cryptocurrency Regulations
The Financial Services Commission of South Korea has announced new cryptocurrency rules which will put the country on the world map. The new rules will allow better regulations in monitoring trading. дальше »
2018-7-2 15:58 | |
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South Korea Unveils New Supportive Crypto Regulations
The South Korean Financial Services Commission (FSC) had released a new regulatory framework and Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines for cryptocurrency exchanges in the country. дальше »
2018-7-1 14:49 | |
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BTCC CEO Bobby Lee: Investors in China are Still Trading Crypto Even After Bitcoin Ban
At the Blockchain Open Forum in Seoul, South Korea, China’s first crypto exchange BTCC CEO Bobby Lee said that investors in China are still trading cryptocurrencies even after the Chinese government imposed a ban on crypto trading in September 2017. дальше »
2018-6-30 14:00 | |
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Korea Financial Regulator: Kimchi Premium is Gone, Cryptocurrency Market is Now Stable
Kim Yong-bum, the Vice Chairman of the Financial Services Commission and one of the main financial regulators in South Korea, expressed optimism towards the cryptocurrency market and the disappearance of the “Kimchi Premium” which exceeded 30% at the cryptocurrency market’s peak in December 2017. дальше »
2018-6-29 21:00 | |
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Contradictory Reports Emerge on Crypto Taxation in South Korea
One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to anticipate. The South Korean crypto […] дальше »
2018-6-27 17:00 | |
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What Koreas Crypto scene is saying
At the time, the popular South Korean cryptocurrency exchange tentatively announced a “cyber intrusion” that saw the loss of $40 million worth of cryptocurrencies. If that wasn’t enough, on June 20, Bithumb – South Korea’s largest by trade volume – also announced a major security breach in which $31 million was reported to be lost. No strangers to дальше »
2018-6-27 00:48 | |
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South Korean Insurers Wary of Cryptocurrency exchanges
Insurance companies in South Korea are not very forthcoming in providing insurance for crypto exchanges in the country. Despite being the nation with the most prolific cryptocurrency users, exchanges and thriving digital assets business, insurance companies in South Korea are wary of providing coverage for Crypto Exchanges. дальше »
2018-6-26 19:06 | |
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The Next South Korean Cryptocurrency Exchange Tangled In Security Drama
Is it me, or has ‘South Korea’ become a byword for ‘poor cryptocurrency exchange security’? It seems that of late, cryptocurrency exchanges in South Korea are surrounded by security issues that are seeing very large-scale hacks take place, hacks that have allowed for the theft of tens of millions of USD worth of crypto-assets. дальше »
2018-6-26 16:30 | |
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South Korea’s Ministry of Finance Says 10 Percent Crypto Tax Not True
South Korea finally responded to recent rumors stating that it will impose a 10 percent tax on cryptocurrency trading profits. According to a recent report, the country’s Ministry of Finance had already denied the existence of such a taxation scheme. дальше »
2018-6-26 14:49 | |
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Exchange Leak Puts $620K-Worth of Customer Crypto at Risk
A new exchange from South Korea leaked critical information about 19 of its users, potentially putting some $620,000 worth of cryptocurrency at risk. дальше »
2018-6-26 09:00 | |
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Bithumb Expects Actual Losses to Be Lower, Promises Reimbursement to Affected Clients
Earlier this week, the cryptocurrency community was once again dumbfounded when millions of dollars worth of digital coins went missing as hackers successfully breached Bithumb, which is South Korea’s biggest crypto exchange. дальше »
2018-6-25 19:42 | |
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South Korea: Reports of Ten Percent Tax on Crypto Currency Gains Are Fake
South Korea’s Ministry of Finance has denied reports of 10% income tax on cryptocurrency investments. 10% Tax on Crypto Grains is Fake News Taxation has been a hot topic in the cryptocurrency world this year. дальше »
2018-6-24 06:27 | |
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