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Regulation of cryptocurrency is a very touchy topic, for rather obvious reasons. Governments around the world want to curb the hype associated with Bitcoin and similar currencies. At the same time, they need to come up with a way to let this ecosystem thrive in the years to come. It appears officials in South Korea are looking … Read more
The Korean Customs Service (KSC) will cooperate with the Korean operator of major parcel forwarding service Malltail to develop a blockchain-based customs platform Go to Source Powered by WPeMatico
South Korean researcher says blockchain and cryptocurrency need each other and should be identically regulated Go to Source Powered by WPeMatico
South Korea’s national legislature has officially proposed to allow domestic initial coin offerings, effectively lifting the ban imposed by the government in September last year. With the lack of proper guidelines, South Korean companies have been migrating abroad to launch their token sales. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space National Assembly’s Proposal … Read more
One of South Korea’s largest cryptocurrency exchanges, Bithumb, has reportedly announced that it will gradually lower the withdrawal limit for any accounts that have not been converted to real-name ones, citing risks of financial crimes. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Lowering Withdrawal Limit Bithumb reportedly said on Monday that it has “decided … Read more
Bithumb is banning users from 11 countries, citing the need to follow “global anti money laundering efforts” Go to Source Powered by WPeMatico
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 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
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
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