South Korea

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Bank Indonesia: Do Not Sell, Buy, Trade Cryptocurrency

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Bank Indonesia, Unitary State of the Republic of Indonesia’s central bank, has issued perhaps its bluntest statement yet on curbing the use of cryptocurrency, affirming a hardening stance on the popularity of what it refers to as “virtual currency” such as bitcoin. Also read: Ditch University and High Transaction Fees! Bank Indonesia Warns All Parties … Read more

The Bitcoin.com Podcast Network Presents: This Week In Bitcoin

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This week the cryptocurrency portal Bitcoin.com launched a new podcast called “This Week In Bitcoin” with host Matt Aaron, who discusses the previous week’s hottest news in fifteen minutes. The weekly roundup is just one of the many exciting developments lined up for 2018 happening within the Bitcoin.com podcast network. Also Read: Paul Krugman Is Excited … Read more

Kentucky Fried Chicken Canada Launches “Bitcoin Bucket”

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Bitcoiners in the past few days have witnessed mainstream media spreading rumors about South Korea’s ban on cryptocurrency. This, as always, caused some panic selling. But hey, don’t be upset. Colonel Sanders is here to spread some fried chicken joy amid the crypto bloodbath. KFC Canada tweeted today they are accepting Bitcoin for the finger … Read more

No, South Korea Is Not Banning Cryptocurrency Trading

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It is not the first time mainstream media outlets haven’t fully grasped a situation affecting the cryptocurrency world. Depending on which source you believe, the South Korean government is either doing nothing or wants to ban all cryptocurrency trading. The truth of the matter is somewhere in the middle, as there is no intention to ban … Read more

Japan’s Most Popular Chat App In Talks to Integrate Cryptocurrencies

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Japan’s most popular chat app, with 168 million active monthly users, Line, could soon integrate cryptocurrencies. The company is reportedly in talks with a number of companies to integrate cryptocurrencies into its mobile payment service, Line Pay. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Line Could Soon … Read more

No, Mainstream Media, That Country Did Not Ban Bitcoin. Again.

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Headlines roared late last night in the western hemisphere, morning in the east, as mainstream media outlets breathlessly ran with an initial report from a legacy wire service: the Republic of South Korea is to ban cryptocurrency. The truth is more subtle, and it’s fast becoming an object lesson in fear, uncertainty, and doubt (FUD). … Read more

Markets Update: Cryptos Look for Relief After South Korea Mainstream Media FUD Causes Losses

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There’s been a lot of uncertainty stemming from the mainstream media’s portrayal of South Korea’s digital asset economy, and rumors of a trading ‘ban’ has triggered some significant cryptocurrency market volatility. The price of bitcoin took a tumble downwards yesterday evening to the $12,775 USD zone around 11 pm EDT, after it came close to … Read more