Finding a Price: Why is Bitcoin Worth What it is?
From economic principles to market movements and pressure, there is a lot that goes into determining the price of one Bitcoin. #ANALYSIS Go to Source Powered by WPeMatico
South Korea
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South Korea Customs Service Reports $600 Mln Of Illegal Crypto Trades
South Korea saw more than $600 mln of illegal crypto trading to date, citing examples of large remittance trading with Japan and Australia. #NEWS Go to Source Powered by WPeMatico
South Korean Court Rules Bitcoin Has Economic Value
A South Korean court has ruled that bitcoin has an economic value for the first time. This overturned an earlier court ruling which did not recognize the digital currency. The case involves the confiscation of 191 bitcoins. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitcoin’s Status Re-Examined The Suwon District Court … Read more
South Korea Finds Nearly $600 Million in Crypto Crime
Reports from the 대한민국 Republic of South Korea (ROK) indicate its Customs Service announced on Wednesday, 31 January 2018, it has discovered “cryptocurrency crimes” which amount to nearly 600 million USD. Also read: Nassim Nicholas Taleb vs David Birch on The Bitcoin Standard South Korea Customs Service Finds Almost $600 Million in Cryptocurrency Crime ROK Customs … Read more
South Korea Ends Anonymous Cryptocurrency Trading, Exchanges to Finally Add New Users
South Korean cryptocurrency exchanges will finally begin adding new users after disabling anonymous trading. #ANALYSIS Go to Source Powered by WPeMatico
South Korea Finance Minister Confirms ‘No Ban’ On Cryptocurrency
Crypto markets will not face a crackdown or ban, the South Korean Finance Minister has said. #NEWS Go to Source Powered by WPeMatico
South Korean Officials Confiscate 191 Bitcoin During Criminal Investigation
We have another interesting Bitcoin-related development in South Korea. For once, this has nothing to do with regulation or anything along those lines. Instead, one criminal saw 191 bitcoins confiscated by law enforcement earlier this week. The individual in question had been running an illegal site. It is evident the confiscation of Bitcoin in South Korea … Read more
Samsung Enters Crypto Mining Market, “Mass Producing” ASIC Chips For China
Samsung begins mass production of ASIC chips with a Taiwanese foundry that supplies Bitmain #NEWS Go to Source Powered by WPeMatico
US Financial Regulator Requests Crypto Trading Data From South Korea
The New York State Department of Financial Services has asked two South Korean financial authorities to share cryptocurrency-related data they obtained from their recent inspections of six major Korean banks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies The US Wants South Korean Crypto Data The New York State Department of Financial … Read more
South Korea Ends Anonymous Cryptocurrency Trading Today
The new South Korean cryptocurrency account system has entered into force nationwide today, ending the current practice that allowed for anonymous trading of cryptocurrencies. Traders must open real-name accounts at the same banks as their exchanges in order to deposit money to trade cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies … Read more