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South Korean Financial Regulator Maintains Negative Stance on Cryptocurrencies
The top financial regulator of South Korea doesn’t believe that cryptocurrencies and initial coin offerings (ICOs) have positive connotations. During the parliamentary audit sessions of the Financial Services Commission (FSC) at the National Assembly on Oct. дальше »
2018-10-18 16:59 | |
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PR: Bithumb to Hold Special Promotion for New Registered Foreign Users
Bithumb to Hold ‘Special Promotion’ for New Registered Foreign Users Provide benefits for KRW 20 Million transactions with new registration during event period Bithumb, a global cryptocurrency exchange will offer a new registration event to global users who newly join and start making cryptocurrency tranactions. дальше »
2018-10-18 12:30 | |
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China’s crypto exchange BTCC will launch trading services in South Korea next month
BTCC, China’s first Bitcoin (BTC) exchange, is set to launch trading services in South Korea, Korean business outlet The Investor reported on October 16. BTCC, which presently has headquarters in Hong Kong, will reportedly start beta services for trading in South Korea later this month and make its official debut in the market in November. […] дальше »
2018-10-22 12:05 | |
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BTCC Launching Cryptocurrency Exchange in South Korea
Hong Kong-headquartered cryptocurrency exchange BTCC is reportedly launching services in South Korea this month. In addition to a cryptocurrency exchange, the company will offer a wallet service, a mining pool, and a consumer payments service, according to its Korean website. дальше »
2018-10-17 07:55 | |
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South Korean crypto exchange company Bithumb launches DEX
CryptoNinjas South Korean crypto exchange giant Bithumb has officially launched Bithumb DEX, a decentralized peer-to-peer exchange platform for digital assets that promises to give users the advantage of added security, stability and speed over. дальше »
2018-10-16 16:32 | |
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South Korean Company Awarded FinTech Security Patent
KB Financial Group, a South Korean based financial holding company, has just been awarded a patent for its application security technology, according to a report in South Korean media outlet The Digital Times. дальше »
2018-10-16 13:00 | |
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ICON (ICX) Increases Ties With South Korean Government
South Korea is a powerhouse when it comes to crypto markets. Things that happen in this Southeast Asian nation have big implications across the entire market and crypto ecosystem. The government’s role in shaping the future of this market is paramount and crypto projects close to that will have the edge. дальше »
2018-10-16 12:46 | |
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KB Financial Group in South Korean Awarded Blockchain FinTech Patent For Improving Security
Major South Korean Financial Holding Gets Blockchain Patent For Improved Fintech Security The KB Financial Group, a South Korean financial holding company, has recently received a patent for a new blockchain solution which consists in a a blockchain-based app for the security of fintech companies. дальше »
2018-10-16 00:08 | |
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OKEx Lists Four New Stablecoins
Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform. дальше »
2018-10-16 22:42 | |
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Ethereum (ETH) Becomes First Base Currency on Bithumb’s Decentralized Exchange (DEX)
Earlier on today, the South Korean exchange of Bithumb, launched its very own decentralized exchange. In the news announcement, the team at Bithumb welcomed users to its platform effective October 15th, 2pm (UTC + 8). дальше »
2018-10-15 13:57 | |
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Korean Government Expected to Announce ICO Stance in November, Official Says
The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. дальше »
2018-10-15 03:35 | |
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Crypto Exchange Bithumb Sells Stake for $354 Million to Plastic Surgeon-Led Investment Group
Korean cryptocurrency exchange Bithumb, the largest in the country by daily trading volume, has sold a 38 percent stake in its business for $354 million to a Singaporean investment group, reported Reuters on October 12, 2018. дальше »
2018-10-14 21:00 | |
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Crypto Exchange Bithumb Sells 38 Percent Stake for $350 Million to Singapore Investor
South Korean crypto exchange Bithumb sold 38 percent of its stake to a Singapore-based plastic surgeon for $350 million on Oct. 11, as reported by Reuters. Bithumb’s $350 Million Deal Founded in 2013, Bithumb averages over a billion dollars in daily trade volume and lists 52 cryptocurrencies. дальше »
2018-10-13 04:01 | |
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Head of Korea’s Top Financial Regulatory Body Reaffirms Stance Against ICOs
On October 11, Chairman of Korea’s Financial Services Commission Choi Jong-koo reaffirmed his negative stance against virtual currencies and initial coin offerings (ICOs) in a statement given to Korea’s National Assembly. дальше »
2018-10-13 02:41 | |
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Singapore-based Blockchain Consortium Buys Majority Share in Bithumb
Singapore-based BK Global Consortium has paid 400 billion won (approximately $350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to a local news outlet. дальше »
2018-10-13 23:53 | |
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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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Bithumb Purchased By Investment Group
After a turbulent year for Bithumb, a Singapore-based consortium has purchased the Korean exchange.
дальше »2018-10-13 19:42 | |
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Superstar plastic surgeon buys major South Korean cryptocurrency exchange
Just weeks before regulators decide the fate of domestic initial coin offerings (ICOs), one of South Korea’s largest cryptocurrency exchanges is changing hands. A consortium led by a superstar plastic surgeon has just bought a controlling stake in Bithumb for $353 million. дальше »
2018-10-12 13:54 | |
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South Korean Exchange Bithumb Sells To Singapore Investor For $353 Million
Bithumb, South Korea’s largest cryptocurrency exchange by volume, has sold to a Singapore entity with the aim of releasing new services and stablecoins. Officials Finalize Majority Stake Deal As Korean news outlet Naver reports October 12, BK Global Consortium paid 400 million won ($353 million) for a majority stake in Bithumb, having previously held a minority position in the company. дальше »
2018-10-12 10:30 | |
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South Korean Government to Decide on Cryptocurrency ICO Legalization in November
A South Korean official has said that the government is likely to announce its official stance on cryptocurrency ICOs in November. This statement was made during a National Assembly audit on Wednesday. дальше »
2018-10-12 10:16 | |
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South Korea Mulls Over Reversing Ban on ICOs
South Korean legislators are planning to chase the road to clear their stance on Initial Coin Offerings (ICO) in November this year. Despite the government’s on-again-off-again relationship with cryptocurrencies, a National Assembly committee has mooted to revamp the cryptocurrency policies in the country on October 10, 2018. дальше »
2018-10-12 09:00 | |
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Largest South Korean Exchange Launches Crypto Market Indices
The largest crypto exchange in South Korea by trading volume, Bithumb, has launched two cryptocurrency market indices. One tracks all coins listed on the exchange while the other tracks only altcoins. дальше »
2018-10-12 08:25 | |
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South Korea to Take Final Decision on ICOs in November, Says Top-level Official
South Korean authorities continue discussing the possibility of reallowing ICOs within the country. The final decision is going to be revealed in November 2018. The post South Korea to Take Final Decision on ICOs in November, Says Top-level Official appeared first on CoinSpeaker. дальше »
2018-10-11 21:41 | |
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Huge User-base South Korean Startups Flock to The Blockchain
Some of the largest startups in South Korea with over 10 million users are turning to the blockchain. “Baedal Minjik,” a food delivery startup whose annual revenue surged 80 percent last year, and “Joonggonara,” a major used goods marketplace in South Korea, have shown interests in integrating the digital ledger technology. дальше »
2018-10-11 15:00 | |
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South Korean regulator warns of serious fallout if ICO ban lifts
South Korean lawmakers will decide the future of domestic initial coin offerings (ICOs) in November, but that hasn’t stopped its top financial regulator from lashing out at the cryptocurrency market one last time. дальше »
2018-10-11 13:09 | |
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Exchanges Roundup: Glen Oaks Escrow Supports Crypto, Binance to Delist 4 Altcoins
In recent news pertaining to cryptocurrency exchanges, Glen Oaks Escrow has announced that it has partnered with Bitpay to support cryptocurrency payments and Binance has revealed that it will delist bytecoin, chatcoin, iconomi and triggers next month. дальше »
2018-10-10 15:10 | |
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Korean Crypto Exchange Sued for Controversial Token Schemes
A lawsuit has reportedly been filed in South Korea against a local cryptocurrency exchange over its price-pumping schemes involving token issuance. The suit alleges that Cashierest’s token which pays dividends and rebates transaction fees to investors violates the country’s capital markets law. дальше »
2018-10-10 08:35 | |
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South Korean Messenger KakaoTalk Releases Blockchain Platform Klaytn
Ground X, the blockchain development arm of South Korean mobile platform Kakao, announced October 8, 2018, the debut of their blockchain platform “Klaytn. ” Ground X Releases Platform Alongside the actual platform, Klatyn has also released tutorials and toolkits to allow blockchain developers to leverage its tech, as well as a wallet, blockchain explorer, and BLASQ, their take on an incentivized. дальше »
2018-10-9 21:00 | |
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Ambrosus partners with Korean food producer and retailer to provide traceability for beef
CryptoNinjas Ambrosus, the globally decentralized blockchain, and IoT platform, has partnered with NDS, a subsidiary of Korean food producer Nongshim, to track and trace premium quality beef sold by food retailer Mega Mart. дальше »
2018-10-9 18:11 | |
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Kakao Blockchain Subsidiary Ground X Launches Klaytn Testnet
Ground X, the blockchain subsidiary of South Korean’s Internet firm Kakao, has announced the launch of the testnet version of Klaytn, a platform that intends to “improve the inconvenient UX of existing blockchain platforms by allowing end-users to experience blockchain technology in the most seamless way. дальше »
2018-10-9 01:20 | |
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Another DEX Announcement as Bithumb Makes Moves for Expansion
One of the largest cryptocurrency exchanges by volume has announced its plans to release a decentralized exchange (DEX). The South Korean exchange Bithumb hopes to have its decentralized exchange released by the end of October. дальше »
2018-10-8 21:54 | |
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3 Major South Korean Crypto Exchange Hacks to Date
South Korea plays an important role in the cryptocurrency world. Ever since China lost its dominant position, South Korea has become of the Asia’s biggest Bitcoin and altcoin trading hubs. That success comes with potential issues, as numerous exchanges have been hacked in the process. дальше »
2018-10-8 20:00 | |
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Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find
The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. дальше »
2018-10-8 21:05 | |
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South Korean Regulators Discuss Proposals for ICO Legislation
Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. дальше »
2018-10-6 08:15 | |
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South Korean Crypto Exchange Bithumb to Purportedly Set up Decentralized Subsidy
South Korea’s crypto exchange heavyweight Bithumb has announced that it was all set to launch a decentralized exchange in a bid to cater to its overseas expanding base in the coming few months, reported Business Korea on October 5, 2018. дальше »
2018-10-6 05:00 | |
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South Korean Lawmakers Call out Country’s Delay in Regulating Token Issuances and Cryptocurrencies
Pointing out the government’s delay in regulating initial coin offerings (ICOs) since a year, South Korean lawmakers called for swift regulatory action in a parliamentary forum on Oct. 2, reported Business Korea. дальше »
2018-10-5 10:00 | |
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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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Bithumb Targets Early 2019 For Full Decentralized Exchange
Bithumb has partnered with One Root Network (RNT) and set its sights on a decentralized cryptocurrency exchange (DEX) early next year. The South Korean exchange is eyeing a full DEX platform that will be based outside South Korea. дальше »
2018-10-4 19:33 | |
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Philippines to deport fugitives to South Korea for $33M Bitcoin scam
Filipino authorities have advanced on international criminals suspected of running a large-scale Bitcoin pyramid scheme. Authorities have detained two of the six individuals thought to have defrauded South Korean investors for over $33 million, while the others remain on the run. дальше »
2018-10-4 16:35 | |
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South Korea’s Chief Policy Maker Insists on Legalizing ICOs
In a recent speech given to the National Assembly, Chairman of South Korea’s National Policy Committee Min Byung-Doo urged Korean regulators to legalize initial coin offerings (ICOs). дальше »
2018-10-4 22:11 | |
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TEMCO Secures Investment from No. 1 Korean Venture Capital “Korean Investment Partners”
TEMCO, Korean startup preparing supply chain based on bitcoin (RSK), said it has successfully secured institutional investment from “Korea Investment Partners” (KIP), the foremost leading venture capital of Korea. дальше »
2018-10-3 09:25 | |
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