South Korea’s top financial regulator has exclusively shared with news.Bitcoin.com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and to ensure the safety and reliability of crypto transactions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for […]Bitcoin News.
12/31/2018 / 04:58:52
Regulation | amendments | bills | Bitcoin | BTC | crypto | Cryptocurrencies | Cryptocurrency | Digital Currency | FSC | korea | korean | N-Economy | national assembly | South Korea | Virtual Currency | | BTC|Asia|Regulation
A South Korean court has acquitted Bithumb from all wrongdoings after the company was accused by one of its clients in a hacking incident that saw the customer lose thousands of dollars, according to a report filed earlier this week, in the Korea Economic Daily. The customer who brought the lawsuit against the exchange wasCCN
12/27/2018 / 11:13:03
Major crypto exchange Bithumb has won a lawsuit in which an investor had sued the company for his loss of around $355,000 in an alleged hack
12/26/2018 / 18:42:00
After an intense 2017, filled with cryptocurrency market spikes, the following year was loaded with letdowns as a great majority of digital assets plunged well over 80 percent in value since their all-time highs. 2018 was also filled with lots of headlines about digital currency regulations, exchange hacks, and postponed exchange-traded funds. Also read: Feed 7 […]Bitcoin News.
12/25/2018 / 19:15:45
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South Korea’s blockchain association intends to lobby the authorities in the city of Gwangju to turn the urban area into a ‘specialized Crypto-Valley District.’ According to the Korea Blockchain Enterprise Promotion Association (KBEPA), turning South Korea’s sixth-largest city into a cryptocurrency hub will create numerous jobs. To achieve this the blockchain body, which was foundedCCN
12/25/2018 / 13:45:10
Gong-pil Choi, the director of the Korea Institute of Finance, said that custody in crypto is crucial in eliminating hacking fears and facilitating the growth of the market. The Korea Institute of Finance, an agency that works with the government to research and evaluate financial policies to bolster the country’s financial sector, has emphasized thatCCN
12/24/2018 / 15:30:28
Crypto education is growing by the day, and now Seoul, South Korea has become the latest center for a degree in bitcoin. The Seoul School of Integrated Sciences and Technologies – known as Assist – has announced that it will be offering a new master’s degree program devoted to both blockchain and cryptocurrencies. The degree...Live Bitcoin News.
12/24/2018 / 05:19:28
A major business school in South Korea is now offering a master’s degree in cryptocurrency. Crypto MBA is a one-and-a-half-year program that covers topics such as Bitcoin, Ethereum, smart contracts, crypto funds, Dapp planning, game theory, and how to write persuasive whitepapers. Meanwhile, the government is working on follow-up crypto regulations. Also read: Indian Supreme Court […]Bitcoin News.
12/23/2018 / 05:35:05
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Coinbase Earn, Facebook crypto interest, U.S. securities law amendment in favor of crypto, Upbit indicted for market manipulation, and bitcoin's price held steady. Crypto Insider.
12/21/2018 / 20:43:01
Officials at South Korea’s largest cryptocurrency exchange, Upbit, have been indicted for fraud. They allegedly made bogus crypto orders worth approximately $226 billion and sold 11,550 BTC to around 26,000 investors. Upbit has denied the charges and insisted that it did not commit fraud, engage in wash trades, or trade cryptocurrencies it did not own. […]Bitcoin News.
12/21/2018 / 18:45:40
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South Korea’s top financial regulator has formally filed fraud charges against executives of one of the Asian country’s biggest cryptocurrency exchanges. Three senior executives of Upbit including the founder Song Chi-Hyung were charged with making fraudulent transactions between September and December last year by prosecutors in Seoul, according to nocutnews. Specifically, the senior Upbit executivesCCN
12/21/2018 / 13:07:52
With events like SEC approval for Bitcoin ETFs and the introduction of cryptocurrency derivatives, it is easy to imagine the market being driven by news out of the United States. However, new research suggests that Asia, and not the West, is the dominant driver of Bitcoin price and cryptocurrency markets. Western Focus Might be Misleading Jay Clayton, the Chairman of the United States Securities and Exchange Commission (SEC) commented back in June 2018 as partRead MoreBitcoinist.com.
12/21/2018 / 01:00:11
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An investigation conducted by Crypto Exchange Ranks (CER) has alleged that Bithumb, the largest Korean digital currency exchange by volume, has drastically inflated its reported trade volume during the second half of 2018. The report asserts that a number of irregular patterns identified in Bithumb’s trade activity suggest “apparent trade manipulations being performed.” Also Read: Former […]Bitcoin News.
12/21/2018 / 00:00:22
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Israeli hybrid blockchain platform Orbs has announced that it is entering an investment partnership with the venture arm of South Korean internet group Kakao. Created to serve as a pioneering public blockchain system offering unprecedented flexibility and utility, Orbs permits business dApp developers to deploy over a highly secure and liquid network that comes with … ContinuedCCN
12/14/2018 / 03:25:55
Published on CoinnounceSamsung, the electronics industry giant is planning to integrate cryptocurrency cold wallets in its upcoming mobile phone Galaxy S10 according to Adnan Farooqi, editor of SamMobile which is the largest community for Samsung. According to Adnan Farooqi, their community tried to research deeply into the company’s plans after they heard about Samsung’s trademarks for blockchain […]Coinnounce.
12/13/2018 / 06:45:50
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CoinSpeakerFirst Official Crypto Debate in South Korea: Major OutcomesSouth Korea’s lawmakers, high-ranking government officials, and major exchanges meet officially for the first time. The crypto debate is considered a success with several major outcomes. First Official Crypto Debate in South Korea: Major Outcomes
12/12/2018 / 11:35:21
South Korea’s first blockchain powered remittance mobile app and web service will be launched this month by crypto exchange Coinone. ‘Cross’ For Faster and Cheaper Cross Border Remittances The service, simply named Cross, will be launched by Coinone Transfer, a payments business and a subsidiary of the South Korean crypto exchange. The service aims to...NewsBTC.
12/12/2018 / 09:00:09
Seven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions. Meanwhile, the Korean government is working on institutionalizing crypto exchanges. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Seven […]Bitcoin News.
12/12/2018 / 06:45:53
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Coinone subsidiary Coinone Transfer has introduced Cross, South Korea’s first blockchain-based remittance app and web service, using enterprise blockchain technology created by Ripple. Cross gives people in Thailand and the Philippines access to faster and cheaper payment services. Coinone Transfer utilized RippleNet and connections with the Siam Commercial Bank (Thailand) and Cebuana Lhuillier (Philippines) toCCN
12/12/2018 / 03:23:45
On December 10, Lee Seok-wu, the CEO of Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, said that regulation is important to establish industry standards. During a meeting with several members of the Congress and the Financial Services Commission (FSC) hosted by Upbit, Bithumb, Gopax, Korbit, and Coinone, five of the biggestThe post Upbit CEO: Crypto Regulation is Necessary, But is Korea on Right Track? appeared first on CCN
12/12/2018 / 02:37:10
At the first official meeting between five of the biggest crypto exchanges and the government of South Korea, Cumberland Korea CEO Hong Joon-ki said that both the government and local financial institutions have to acknowledge the efforts of Nasdaq, Fidelity, and some of the largest conglomerates in the global market working to strengthen the infrastructureCCN
12/11/2018 / 10:27:17
In October, the government of Japan hinted its plans to ease the process of taxing crypto investments to refrain impractical taxation frameworks from negatively affecting the local market. At the time, a committee of tax experts that is tasked to advise the government on taxation matters encouraged the authorities to simplify the complex process ofCCN
12/11/2018 / 09:31:16
A goodbye note from Deblock’s now-former Head of Research revealed the progress of their ICON blockchain project in all these months. And they looked extremely positive. As he left the company to pursue his startup, Markus Jun noted ICON as one of the very few blockchain projects that showed significant accomplishments despite staying inside a...NewsBTC.
12/11/2018 / 00:00:07
CoinSpeakerSouth Korea’s National Assembly and Congress to Hold First Official Crypto DebateOn December 10, South Korea’s National Assembly along with several members of the Congress will have the first official debate in this country about crypto involving high profile government officials.South Korea’s National Assembly and Congress to Hold First Official Crypto Debate
12/10/2018 / 10:52:31
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On December 10, South Korea’s National Assembly along with several members of the Congress are set to hold the country’s first official debate around crypto involving high profile government officials. Expected Talking Points of the Debate The meeting, arranged by the local market’s largest cryptocurrency exchanges including Upbit, Bithumb, Korbit, Gopax, and Coinone, will haveCCN
12/10/2018 / 05:04:49
A constitutional complaint has reportedly been filed in South Korea alleging that the government’s ban on initial coin offerings is unconstitutional. It has been more than a year since token sales were banned in the country but the government has yet to introduce any regulations for them, causing problems for startups. Also read: Indian Supreme Court […]Bitcoin News.
12/09/2018 / 04:30:00
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On December 6, the Third Chamber of the Chilean Supreme Court officially sided with the state-owned BancoEstado after it banned a local crypto exchange by shutting down its bank account. Orionx, a digital asset trading platform based in Chile, filed an appeal with the supreme court following an abrupt termination of its account by BancoEstado.The post Chile Court Says Banks Can Ban Crypto Exchanges: Will Market Survive? appeared first on CCN
12/08/2018 / 22:45:12
South Korea will push for major cryptocurrency adoption, claims a new report, strengthening the spotlight on the tech hub which forms one of the most crypto-friendly countries in the world. Also read: Korean Incoming Minister Confirms Crypto Taxation Plans South Korea’s Enthusiasm for Tech As one of the most innovative countries in the world, it’s no […]Bitcoin News.
12/08/2018 / 22:35:35
Cryptocompare, the cryptocurrency market data aggregator, has published its monthly exchange review for November 2018, offering insights about the latest changes in the global market using transaction data from over 70 trading venues. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Key Findings in the Report The authors of the report found that […]Bitcoin News.
12/06/2018 / 21:40:50
The heavy selling pressure that has dominated the cryptocurrency markets in recent weeks has coincided with a surge in peer-to-peer (P2P) trade volume across the Localbitcoins markets in Asia and South America. Globally, higher trade activity over the past two weeks has also driven the strongest volume since September 2017, with roughly 12,116 BTC changing […]Bitcoin News.
12/05/2018 / 12:00:31
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CoinSpeaker South Korea’s Financial Regulator Unveils Taxation Plans for Cryptocurrency and ICOsSouth Korea’s financial authorities are actively working on preparing new taxation plans to introduce taxes on crypto trading and ICOs.South Korea’s Financial Regulator Unveils Taxation Plans for Cryptocurrency and ICOs
12/04/2018 / 11:56:37
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