Bithumb Crypto Exchange Bans Accounts From 11 Countries
Bithumb is banning users from 11 countries, citing the need to follow “global anti money laundering efforts” Go to Source Powered by WPeMatico
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South Korean Exchange Bithumb Blocks Trading in 11 Countries
South Korea’s largest cryptocurrency exchange Bithumb has announced that it will block trading in 11 countries as part of its revised internal regulations aimed to prevent money laundering using its system. Foreign users will also need to undergo a stricter verification process. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Preventing Money Laundering Bithumb announced … Read more
South Korean Crypto Exchange Korbit Drops XMR, ZEC, DASH, REP, and STEEM
South Korean cryptocurrency exchange Korbit has announced that it will no longer support the trading of five cryptocurrencies: dash, monero, zcash, augur, and steem. This announcement came just days after hacked Japanese exchange Coincheck confirmed the delisting of privacy coins. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Farewell to Five Cryptocurrencies Korbit, one of … Read more
This Week in Bitcoin: Smooth Bitcoin Cash Upgrade, BCH and BTC Tax Payments in Florida
A notable week for Bitcoin Cash (BCH) – the network successfully upgraded the blockchain protocol by extending the block size to 32MB. The change will allow a greater number of transactions to be processed with inexpensive and consistent transaction fees. Also, Seminole County in Florida will accept tax payments in both Bitcoin Cash (BCH) and … Read more
Crypto Floating Island Project Closer to Realization
Blue Frontiers has signed a much-publicized memorandum of understanding with French Polynesia. The Floating Island Project is exactly as it reads, only it’s to be an independent government complete with its own cryptocurrency. An idea long thought to be a crazy dream of libertarians is now incredibly close to realization. Also read: Alec Baldwin’s Lambo … Read more
Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries
A Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first crypto … Read more
South Korea to Follow G20 Unified Cryptocurrency Regulations
The South Korean government reportedly plans to soften its crypto regulations in line with the policies set by the G20 nations in an effort to create “unified regulations.” The Korean regulators have also agreed to apply the standards set by the Financial Action Task Force to its crypto policies. Also read: Yahoo! Japan Confirms Entrance Into … Read more
Cases Of Illegal Bitcoin And Cryptocurrency Mining: Chicken Farms And New York
From chicken farms to semi-conductor factories, cryptocurrency miners do anything to obtain cheaper electricity rate Go to Source Powered by WPeMatico
Subsidiary of Korean Search Giant Naver Launches Blockchain Venture For Decentralized Apps
Line Plus and ICON have partnered to create blockchain initiative Unchain, following Line Plus’s release last month of SK blockchain platform Unblock Go to Source Powered by WPeMatico
Investigation of South Korea’s Largest Crypto Exchange Upbit Continues
Since the South Korean prosecution started investigating Upbit, the country’s largest cryptocurrency exchange, more events have unfolded. While local media still discuss allegations and raise questions about Upbit’s business practice, some people believe that Upbit is already in the clear. The investigation continues. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The Allegations Local … Read more