South Korea Discusses Cryptocurrency Policies With China’s Central Bank

The South Korean Minister of Strategy and Finance has met with the governor of the People’s Bank of China to discuss and share economic policies including cryptocurrency countermeasures. While China has imposed strict regulations on cryptocurrency trading, including closing down exchanges, South Korea has adopted a less strict approach. Also read: Japan’s DMM Bitcoin Exchange Opens … Read more

Samsung Enters the Bitcoin Mining ASIC Manufacturing Business

Korean electronics giant Samsung is the latest chip manufacturer to enter the bitcoin mining hardware market. The company’s foundry has reportedly already began producing ASIC chips for a Chinese client earlier this month. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People to Write On Their Bodies Samsung Bitcoin Chips Samsung Electronics … Read more

Hong Kong Fund Acquires Chinese Mining Powerhouse BTCC

On January 29 the longstanding Chinese bitcoin company BTCC has announced it was acquired by a Hong Kong-based investment fund. The company explains its pivoting away from China so the business can grow more “aggressively” in 2018. Also read: AIER Researchers: Bitcoin’s Price Moves with News A Hong Kong Investment Fund Acquires BTCC The company BTCC … Read more

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