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International FX Exchange & Ripple Partner, Mercury to Boost Remittances in South Africa Using ODL
Mercury's international payments firm to utilize RippleNet On-Demand Liquidity (ODL) platform to ease remittance payments between the United Kingdom and South Africa. The post International FX Exchange & Ripple Partner, Mercury to Boost Remittances in South Africa Using ODL first appeared on BitcoinExchangeGuide. дальше »
2021-3-31 18:20 | |
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Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies
South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. дальше »
2021-3-31 09:30 | |
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Mercury to Boost Remittance Time and Money Savings to South Africa Using ODL
The shortest air mile distance between Johannesburg and London is 5,635 miles. Historically, moving money between banks or money service providers in those two cities takes days to cover that distance. дальше »
2021-4-1 02:37 | |
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Bitcoin and Ether Kimchi Premium Picks Up as Bulls Reappear
As the price of Bitcoin continues to climb up, so does the popular Kimchi premium. As of writing, the price of Bitcoin is $59,063 on Binance and $59,087 on Coinbase Pro, but the highest price of BTC is on South Korean exchanges, which is up more than 5. дальше »
2021-3-30 18:29 | |
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Community Gets a Chance to Win 20,000 USDT As LCMS Celebrates its Listing on Bithumb Global
LCMS has been listed on Bithumb Global crypto exchange and the company has found a special way to celebrate. Bithumb Global is a cryptocurrency exchange originating from South Korea. Though the company was founded fairly recently in May 2019, the exchange has grown quite quickly getting around $100 million trading activity on a daily basis. дальше »
2021-3-31 17:13 | |
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Bitcoin Cash, Aave, Maker Price Analysis: 30 March
Bitcoin Cash awaited strong cues to climb above the coveted $600-mark. Aave could move south and towards the $304.2-support level if the price fails to breach its overhead resistance. Finally, Maker wThe post Bitcoin Cash, Aave, Maker Price Analysis: 30 March appeared first on AMBCrypto. дальше »
2021-3-30 15:30 | |
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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »
2021-3-30 03:00 | |
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South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’
South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months. дальше »
2021-3-29 14:00 | |
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Top South Korean bank set to offer services to local crypto exchanges
The BNK Busan Bank, a renowned South Korean bank, is planning to offer banking services to local crypto exchanges. The bank unveiled this news through an official announcement on March 23, noting that it had decided to test the crypto waters ahead of the implementation of changes to the Specific Financial Information Act on March […] The post Top South Korean bank set to offer services to local crypto exchanges appeared first on Invezz. дальше »
2021-3-27 00:33 | |
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Tron, Cosmos, Zcash Price Analysis: 25 March
With Bitcoin holding itself above its critical horizontal support in the $51k-$52k region, the bearish outlook for altcoins in the near-term persists. Tron formed a falling wedge and broke south, whilThe post Tron, Cosmos, Zcash Price Analysis: 25 March appeared first on AMBCrypto. дальше »
2021-3-25 20:00 | |
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South Africa: FNZ Unveils Blockchain-based Solution for Funds Sector
Blockchain technology is being utilized for fund trading and settlement solutions by FNZ. FNZ Unveils ChainClear Solution According to a recent report by Ledger Insights, FNZ – a firm committed to enhancing client engagement, lowering costs, and delivering a seamless service to aid people achieve their financial goals – has launched ChainClear, a blockchain-enabled fundRead More дальше »
2021-3-25 15:00 | |
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Breaking Down What South Korea’s Crypto Crackdown Means for the Industry
With a blistering start to the year, cryptos have enjoyed the highs of what seemed like a never-ending bull run. Bitcoin, Ethereum, and other altcoins made headlines every day, surging far past their previous highs as institutions rushed to get their hands on the red-hot asset class. дальше »
2021-3-25 13:01 | |
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Crypto-market's 'overheating' can be a problem: South Korean minister
Historically, South Korea has often been seen as a very crypto-friendly country. Of late, however, such a reputation has taken a beating, especially in light of the nature of the new crypto-regulationThe post Crypto-market's 'overheating' can be a problem: South Korean minister appeared first on AMBCrypto. дальше »
2021-3-24 15:30 | |
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New regulations forces OKEx South Korea to close operations
Cryptocurrency exchange OKEx has announced it will be shutting down its South Korea operations amidst the implementation of strict anti-money laundering regulations in the country. OKEx says it’s not willing to comply with the new law Apart from the regulatory concerns, OKEx says the company took the winding down decision because the actual profit from […] The post New regulations forces OKEx South Korea to close operations appeared first on Invezz. дальше »
2021-3-25 12:58 | |
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OKEx to Cease Operations in South Korea
The post OKEx to Cease Operations in South Korea appeared first on BeInCrypto.
дальше »2021-3-24 19:26 | |
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Crypto Exchange OKEx Is Shutting Down In South Korea
OKEx cryptocurrency exchange has said it will terminate its South Korea-based business, following the introduction of an updated Anti-Money-laundering (AML) in the country. The exchange’s spokesperson said OKEX chose to resign rather than try to fight the tough regulatory regime which would make it impossible to continue operating in South Korea. “OKEx Korea service has […] дальше »
2021-3-24 16:53 | |
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Experts say new South Korean crypto rules will create a monopolized market
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators' new requirements. дальше »
2021-3-24 13:48 | |
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Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb
American multinational investment bank Morgan Stanley is currently in talks to acquire a stake in top South Korean cryptocurrency exchange Bithumb, local news outlet Naver reported on Friday. The post Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb appeared first on CryptoSlate. дальше »
2021-3-20 11:00 | |
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South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges. дальше »
2021-3-20 03:30 | |
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Morgan Stanley reportedly set to buy Bithumb exchange for over $400 million
American multinational investment bank and financial services company Morgan Stanley is rumored to be bidding for leading South Korean cryptocurrency exchange Bithumb. According to the country’s local media outlet, Morgan Stanley is already in the negotiation process, which will allow the bank to acquire stakes in Bithumb. дальше »
2021-3-20 22:21 | |
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Morgan Stanley Participating in the Acquisition of South Korea’s Top Crypto Exchange, Bithumb
Morgan Stanley is bidding for the acquisition of South Korea-based cryptocurrency exchange Bithumb for a $2 billion valuation, reported a local publication. The article circulated on the leading local search engine Naver. дальше »
2021-3-19 17:06 | |
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Morgan Stanley Eyes Bitcoin Exchange Acquisition After Crypto Rallies 1,500%
Key Bitcoin Takeaways A South Korean media outlet reported that Morgan Stanley plans to acquire Bithumb, a local bitcoin exchange. The news surfaced two days after the American banking giant decided to offer three Bitcoin funds to its rich clients via its traditional investment platform. дальше »
2021-3-19 14:00 | |
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South Korean Regulators Want Crypto Businesses to Report Transaction Info or Face Jail Time
Establishing this law is part of the new wave of regulation in South Korea to operate crypto businesses transparently. Existing firms will have six months to comply with the rules or face strict penalties. дальше »
2021-3-19 00:07 | |
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South African Crypto Exchange Suspends Bitcoin & Litecoin Withdrawals Due to Balance ‘Discrepancies’
South Africa-based cryptocurrency exchange iCE3 suspended Bitcoin (BTC) and Litecoin (LTC) withdrawals this week after noting “discrepancies” in the balances of these crypto-assets on the platform. дальше »
2021-3-19 20:27 | |
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South African Exchange Ice3x Suspends Trading After Noting Discrepancies in Balances of BTC and LTC
A South African crypto exchange, Ice3x, suspended trading on its platform on March 16 after noting discrepancies in balances of bitcoin and litecoin held on the platform. At the time of writing, the exchange had not revealed the cause of the mismatches in balances or when it expects trading to resume. In the meantime, a […] дальше »
2021-3-18 13:05 | |
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IOST partners to explore the NFTs and DeFi industry
Decentralized and privacy-focused network IOST has announced it will be focusing its network on Non-fungible tokens (NFTs) and decentralized finance (DeFi). IOST has collaborated with software development teams and companies in Japan, China, and South Korea to make this possible. дальше »
2021-3-17 14:56 | |
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South Korean Tax Agency Identifies Over 2,400 Evaders Who Used Cryptocurrencies to Bypass Taxation
South Korean authorities seem to be focusing on strengthening measures to combat tax evasion across the nation. The country’s tax watchdog profiled thousands of evaders that relied on cryptocurrencies to hide assets worth billions of Korean won. дальше »
2021-3-17 08:30 | |
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IOST to Focus on NFTs, DeFi, and Expanding their Global Reach
From now on, the primary focus of the IOST blockchain—an enterprise-grade, highly scalable, and decentralized network, will be on NFTs, DeFi, and geographical expansion. Global Expansion Beyond China, South Korea, and Japan Already, IOST has struck partnerships with companies and software development groups in South Korea, China, and Japan. Their plan, therefore, is to joinRead More дальше »
2021-3-16 15:04 | |
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Report all crypto transactions or face 5-year jail term in South Korea
Strict reporting rules for crypto businesses in South Korea are set to come into effect, with existing firms given six months to comply or face stiff penalties. дальше »
2021-3-17 11:58 | |
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South Korea’s Tax Agency Clamps Down on Individuals Hiding Assets Via Crypto
South Korea’s tax authority is targeting individuals who use cryptocurrency to conceal their assets as a way of evading tax payments. NTS Investigating Tax Offenders Concealing Assets Using Cryptocurrecy According to the Korea Herald on Monday (Mar. дальше »
2021-3-16 00:00 | |
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Bitcoin trading volume in South Korea dismounts county’s entire stock exchange market
On the 14th of March, the daily domestic cryptocurrency transactions from the four major Crypto exchanges in South Korea surprisingly exceeded the combined daily average transaction of KOSPI and KOSDAQ. дальше »
2021-3-16 18:51 | |
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South Korean crypto exchange volumes surpass those of its entire stock market
The country is one of the biggest markets for crypto in the world and is known for its ‘Kimchi Premium. ’ The month it went ballistic South Korean crypto exchanges are now processing more volumes each day compared to traditional stock exchanges, a report on local publication Hankyung said Monday. дальше »
2021-3-15 15:49 | |
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South Korea cracks down on tax evaders using cryptocurrencies
As prices in the crypto market surge, the other side of the market has been witnessing a rise in criminal activities. On Monday, South Korea's tax agency reportedly caught 2,400 individuals who were hThe post South Korea cracks down on tax evaders using cryptocurrencies appeared first on AMBCrypto. дальше »
2021-3-15 14:30 | |
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Xeno Holdings Invests In South Korean-Based CityLabs Co. Ltd
Xeno Holdings Limited, a Hong Kong-based technology investment company, has invested major capital in CityLabs Co. Ltd to further venture into the South Korean market and Asia at large. The company has recently shown interest in penetrating the South Korean market stating favoring conditions. дальше »
2021-3-15 12:49 | |
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South Korea deepens probe on tax evasion via cryptocurrencies
South Korea’s tax authority is going after individuals hiding their assets in cryptocurrencies as a way of avoiding tax payments. дальше »
2021-3-15 12:18 | |
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Penta Security Taps Blockchain for Electric Vehicle Battery Data Collection
South Korea’s Penta Security has announced that it is using distributed ledger technology (DLT) for the collection, storage, and sharing of data related to electric vehicles (EV). The firm says it’s collaborating with AutoCrypt to develop a platform that will promote the safety, efficiency, and environmental friendliness of electric vehicles. Penta Making EVs Better withRead More дальше »
2021-3-13 02:00 | |
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