South Korean Regulator: In Reality Impossible to Close Cryptocurrency Exchanges

The South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. “It is impossible in reality,” said the KFTC chairman. The agency is currently investigating 13 major exchanges operating in the country for alleged violations of the e-commerce law. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more

PR: CanonChain – A Universal Decentralized Community Empowering Users

“The current crypto community is somehow unfair to simple users,” said CanonChain initiator Jin Hailong. “The industry is dominated by big miners and developers. Simple users don’t have any say to propose a change.” The post PR: CanonChain – A Universal Decentralized Community Empowering Users appeared first on Bitcoin News. Go to Source Powered by … Read more

New US $65 Million Bitcoin Mining Facility is Among Largest Data Centers in North America

Virginia Beach, Virginia isn’t exactly known as a hotbed of bitcoin mining activity, but that appears to be changing, and soon. A local company has sunk 65 million USD into a giant facility, as the resort town attempts to become a hub for data centers. Also read: Have Lunch with Bitcoin Jesus in Paradise 65 Million … Read more

Cboe Bitcoin Contracts Slide 36 Percent as January Futures Expire

Chicago Board Option Exchange (Cboe) historic bitcoin futures market has had its first month, and results are decidedly mixed depending on the analyst. Some see the experiment as a dud, while others champion the mainstreaming of cryptocurrency. So far, bears are trouncing bulls.   Also read: Have Lunch with Bitcoin Jesus! Cboe Futures Didn’t Tame … Read more

South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations

South Korean government officials have reportedly been caught insider trading. They sold all of their cryptocurrency holdings and profited just before the regulators announced crypto regulatory measures. The country’s Financial Supervisory Service is investigating the case. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading A Case of Government … Read more