2020-11-7 12:44 |
South Korea's top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers. origin »
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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.
2024-3-14 20:26 | |
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South African crypto firms are threatening to move operations abroad if lawmakers don’t provide clear regulatory guidelines.
2021-3-9 08:31 | |
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Ripple partner Finastra has come up with a pre-packaged payment solution to bring together banks and cross-border payment firms in Europe, the US and South Africa
2020-10-5 13:26 | |
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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.
2020-8-17 21:40 | |
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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.
2020-8-18 21:40 | |
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A South Korean minister is calling to local firms to seize “golden” opportunities in the global blockchain market
2020-4-19 19:50 | |
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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.
2020-2-10 22:00 | |
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Bitmain is looking to establish a significant presence as it partners with two Bitcoin mining consulting firms. Meanwhile, co-founder Jihan Wu continues to consolidate his hold on the company amid an ongoing power struggle.
2019-12-12 15:03 | |
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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.
2019-12-7 00:49 | |
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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.
2019-11-29 22:00 | |
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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...
2019-10-25 11:23 | |
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One of the oldest and largest banks in South Korea has partnered with two fintech firms to build a new security system using blockchain tech.
2019-8-14 12:56 | |
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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 […]
2019-8-9 00:54 | |
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Coinone has partnered with two security and disclosure firms to ensure compliance with South Korea's new cryptocurrency regulations.
2019-8-8 02:30 | |
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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 […]
2019-8-6 23:37 | |
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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.
2019-7-15 16:49 | |
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Tech giant Samsung Electronics is joining six other major South Korean firms to develop a blockchain-based certificate and ID authentication network.
2019-7-16 15:45 | |
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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.
2019-7-2 18:13 | |
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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.
2019-6-17 19:00 | |
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Nine fintech companies, some blockchain-related, have been authorized by the South Korean Financial Services Commission to operate in the regulatory financial sandbox
2019-5-3 16:54 | |
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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.
2019-3-12 21:00 | |
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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.
2019-2-21 04:00 | |
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The Seoul Metropolitan Government has committed over $1 billion to invest in innovative startups by 2022, including blockchain firms.
2019-2-19 15:40 | |
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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.
2019-2-4 05:15 | |
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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.
2019-2-1 10:49 | |
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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.
2018-12-13 14:00 | |
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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.
2018-11-27 19:00 | |
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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.
2018-11-20 00:18 | |
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Several big firms in South Korea and Singapore have banded together to create a blockchain consortium to enhance the ecosystem.
2018-11-2 17:54 | |
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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.
2018-10-29 14:48 | |
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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.
2018-10-11 14:00 | |
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South Korean regulators are contacting local blockchain startups as part of an investigation into initial coin offerings, according to CoinDesk Korea.
2018-9-12 17:00 | |
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Several Asian countries, such as the Philippines, South Korea, and Thailand are vying to be the next blockchain hub, by easing regulations and enticing fintech firms.
2018-8-20 18:57 | |
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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.
2018-8-17 19:58 | |
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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.
2018-8-1 01:00 | |
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Linux Foundation’s project was also joined by several crypto firms including Omnitude, Coil, ChainDigit, and Chainyard.
2018-7-31 18:40 | |
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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.
2018-7-31 08:28 | |
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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.
2018-7-31 21:21 | |
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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.
2018-7-30 19:05 | |
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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.
2018-7-30 17:12 | |
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“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.
2018-7-26 18:55 | |
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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 […]
2018-6-26 21:00 | |
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Nigeria, Africa’s most populous nation, is paying vast attention to its rapidly developing cryptocurrency industry marked by a string of new regulations. In the latest development, the Nigerian Securities and Exchange Commission (SEC) has shared a revised minimum capital for all regulated market entities, including operators in the digital asset market. Related Reading: Senators Signal […]
A recent report reveals that the majority of jurisdictions worldwide have only partially complied with the FATF recommendations for regulating virtual assets and virtual asset service providers to combat money laundering and terrorist financing.
The Nigerian Securities and Exchange Commission (SEC) has disclosed plans to introduce new regulations for crypto operators following recent challenges with Binance. New regulations The planned regulation would include licensing, registration, and screening guidelines for digital and virtual asset services providers (VASPs).
Quick Take Comparing the performance of the ‘Magnificent 7’ tech stocks—Nvidia, Meta, Microsoft, Amazon, Google, Tesla, and Apple—to Bitcoin shows that the coveted group of assets is seeing significant competition from Bitcoin.
Also: Hong Kong will unveil its new crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests.
TRM labs has announced the launch of Beacon Network to aid the recovery of stolen digital assets before malicious hackers cash out.
VASPs have been ramping up efforts to comply with regulators in the wake of controversies like the FTX collapse.