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South Africa set to license 60 crypto firms by end of month, says report
South Africa’s Financial Sector Conduct Authority (FSCA) is on track to award licenses to 60 crypto firms, as reported by Bloomberg on Wednesday. The development underscores the country’s commitment to embracing digital currencies and ensuring a secure and regulated environment for their operation. дальше »
2024-3-14 20:26 | |
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South African crypto firms warn opaque regulations are harming the industry
South African crypto firms are threatening to move operations abroad if lawmakers don’t provide clear regulatory guidelines.
дальше »2021-3-9 08:31 | |
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South African Firms Ordered to Cease and Desist in 2 US States for Crypto Debit Card Fraud
Two U. S. states have issued emergency cease and desist orders to South African firms and a South African national promoting a cryptocurrency debit card scheme. The companies claim that the card is like a traditional Mastercard but the states say the scheme is fraudulent. дальше »
2020-8-17 21:40 | |
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South African Firms Ordered to Cease Crypto Debit Card Scheme in 2 US States
Two U. S. states have issued emergency cease and desist orders to South African firms and a South African national promoting a cryptocurrency debit card scheme. The companies claim that the card is like a traditional Mastercard but the states say the scheme is fraudulent. дальше »
2020-8-18 21:40 | |
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South Korean Government Labels Blockchain a Golden Opportunity
A South Korean minister is calling to local firms to seize “golden” opportunities in the global blockchain market
дальше »2020-4-19 19:50 | |
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Coronavirus: Chinese Insurance Firms Tap Blockchain for Rapid Claims Processing
Chinese Insurance service providers are increasingly adopting blockchain technology for faster claims processing to significantly reduce the need for face-to-face contact amidst the coronavirus outbreak in the region, reports The South China Morning Post on February 10, 2020. дальше »
2020-2-10 22:00 | |
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11 South Korean Firms set to Launch Blockchain Based Identity Certification Service
South Korea, a developed country known for actively promoting the use of blockchain technology in various sectors like education, finance and many more. Now a consortium comprising of 11 major companies in South Korea is now commercially offering a Blockchain mobile identity certification service, named Initial. дальше »
2019-12-7 00:49 | |
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Kakao’s Klaytn DLT Project holds First Meeting with Consortium Members
Klaytn (KLAY), the blockchain project from the stables of South Korea’s messaging giant, Kakao, has selected 27 highly reputed firms that will make up its governing council and the consortium has successfully held its inaugural meeting. дальше »
2019-11-29 22:00 | |
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Crypto Exchange Coinplug Raises $6.4 Million from Major Korean Firms
South Korea-based Coinplug, a leading Bitcoin (BTC) exchange, wallet and payment company, has raised 7.5 billion won (appr. $6.4 million) from the venture capital divisions of several major local financial institutions. Coinplug’s management noted in... дальше »
2019-10-25 11:23 | |
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Six Korean Fintech Firms Join Hands To Develop A Blockchain For OTC Securities Trading
Six fintech companies in South Korea have signed an agreement to create a blockchain-based platform that will help in trading of unlisted securities. CoinDesk reports that the aim of the consortium is to create a blockchain platform that will reduce the costs of transactions, fasten them and make them secure. The platform will aim at […] дальше »
2019-8-9 00:54 | |
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South Korean Fashion Platform Sinsang Market to Partner With Terra Stablecoin
Terra, a Singapore-incorporated stablecoin company, has recently decided to start a partnership with Sinsang Market, a major B2B fashion platform based in South Korea. According to a local site based on financial news, the new partnership will see vendors linked to the fashion market in South Korea. The two firms will get together to create […] дальше »
2019-8-6 23:37 | |
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Samsung Joins Major Korean Companies To Develop Self-Sovereign Blockchain Mobile ID System
South Korean firms are working together in order to launch a new blockchain identification system to be released in 2020. The information was released by the Korea Times on July 14. The intention is to create a new ID system that would require no intermediaries. дальше »
2019-7-15 16:49 | |
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South Korean Hospitals Now Make Use of Blockchain Thanks to Longenesis and Bitfury’s Exonum
Longenesis has signed individual agreements with Hanshin Medipia and Infinity Care that will allow the two medicare firms to make use of its data/record maintenance blockchain system. In the past, Longenesis has signed two other similar partnerships with Incheon-based Gil Medical Center and Terragene. дальше »
2019-7-2 18:13 | |
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Samsung Mulls Collaboration with Blockchain and 6G Firms to Stay Competitive
According to a Bloomberg report published June 16, 2019, South Korean tech giant Samsung is seeking to collaborate with next-generation platform firms to stay competitive in the rapidly advancing technological industry. дальше »
2019-6-17 19:00 | |
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South Korea: Financial Regulator Authorizes 9 Fintech, Blockchain Firms for Trial Operations
Nine fintech companies, some blockchain-related, have been authorized by the South Korean Financial Services Commission to operate in the regulatory financial sandbox
дальше »2019-5-3 16:54 | |
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Kakao to Start Another Round of Funding Following $90 Million Initial Round
Following a $90 million raise from KaKao Corp. for their upcoming blockchain platform, it has been announced on March 10, 2019, that they will begin a new round on March 12, 2019. Getting a Head Start As part of the latest group of South Korean firms venturing into blockchain such as the Kolon Group andRead MoreRead More. дальше »
2019-3-12 21:00 | |
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The Government of Seoul Is Looking to Close the Blockchain Funding Gap
In yet another bold step towards becoming the next blockchain hub, the city of Seoul announced on February 18, 2019, that it will offer $1 billion in funding towards blockchain and fintech firms up to the year 2022. дальше »
2019-2-21 04:00 | |
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Why South Korea Had to Ban Crypto ICOs and Risk Losing Multi-Billion Dollar Opportunities
This week, the government of South Korea officially decided to maintain its existing blanket ban on domestic initial coin offerings (ICO) in a move that could benefit other major crypto markets in Asia. дальше »
2019-2-4 05:15 | |
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South Korea Will Remain Firm on Maintaining ICO Ban, Reveals Country’s Financial Watchdog
CoinSpeaker South Korea Will Remain Firm on Maintaining ICO Ban, Reveals Country’s Financial Watchdog According to FSC, the ban will not be lifted, as firms conducting ICOs were making use of foreign jurisdictions, but still raising funds from South Korean nationals. дальше »
2019-2-1 10:49 | |
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South Korean Blockchain Platform Klatyn Announces Partnership with Numerous Blockchain Firms
Klatyn, the blockchain platform of South Korea’s Messenger Kakao, announced partnerships with several blockchain-based applications and projects on December 10th, 2018. Bringing Blockchain to the People These projects were selected due to the criteria of also being “large user pool-based service providers. дальше »
2018-12-13 14:00 | |
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South Korea Approves Its First Cryptocurrency Exchange Upbit
South Korea’s Internet and Security Agency (KISA) awarded Upbit an information security management system (ISMS) license, for its strong infrastructure. Upbit Becomes First ISMS Licensed Exchange Upbit, South Korea’s largest cryptocurrency exchange by volume, has become the first to obtain an ISMS license. дальше »
2018-11-27 19:00 | |
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Huobi Group Sets Up Communist Party Committee in Beijing
As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company. дальше »
2018-11-20 00:18 | |
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Cryptocurrency exchange Bitstamp acquired by Belgium investment firm
Luxembourg-based cryptocurrency exchange desk Bitstamp has been acquired by NXMH, a Brussels-based investment firm owned by the South Korean conglomerate Nexon Holdings (NXC), the company announced today. дальше »
2018-10-29 14:48 | |
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Guess Who’s Hiding The Most Bitcoin
There are conspiracy theories and speculation all over the crypto space on who holds the most Bitcoin that is currently in circulation. Big mining firms, exchanges, and funds are mainly called Whales as they hold on to the most Bitcoin and have been called responsible for the big amounts of Bitcoin around today. дальше »
2018-10-11 14:00 | |
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Cryptocurrency Exchanges Excluded from Venture Firms List by South Korean Government, Angers Cryptocurrency Platform Operators
Cryptocurrency exchanges in South Korea have condemned their exclusion by the country’s government from the classification of venture firms. Many platform operators believe the development is not in the best interest of the nascent cryptocurrency industry. дальше »
2018-8-17 19:58 | |
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ICO Research Firms in South Korea Are Gaining Popularity
The rising threat of frauds and blatant exit-scams from ICO firms and token issuers is set to slow down in the months to come, as several cryptocurrency-centric security firms have set up shop to fight against the nuisance, reported Business Korea on July 30, 2018. дальше »
2018-8-1 01:00 | |
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Cryptocurrency Industry Creating Research Centers to Protect Investors From ICO Scams
According to BusinessKorea, specialized cryptocurrency research centers have recently opened in South Korea with the goal of providing cryptocurrency investors a better-informed understanding of the cryptocurrency market. дальше »
2018-7-31 08:28 | |
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Cryptocurrency Industry Creating Research Centers to Protect Investors From ICO Scams
According to BusinessKorea, specialized cryptocurrency research centers have recently opened in South Korea with the goal of providing cryptocurrency investors a better-informed understanding of the cryptocurrency market. дальше »
2018-7-31 21:21 | |
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South Korea’s amended tax system does not offer any major benefit to Crypto transactions
Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. On Monday, the South Korean government proposed some changes to the existing law structure. дальше »
2018-7-30 19:05 | |
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South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges
Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. The post South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges appeared first on CoinSpeaker. дальше »
2018-7-30 17:12 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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South Korean Firms Flock to Singapore for ICO Purposes
Even though the initial coin offering industry has attracted a lot of attention, it is also a problem. Especially when it comes to regulation, the opinions on ICOs are quite divided. With South Korea still banning this activity, a fair few domestic firms are organizing ICOs in Singapore due to its regulatory-friendly climate. Singapore Welcomes […] дальше »
2018-6-26 21:00 | |
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