South Korea More Than Doubled Ripple’s Price in Single Week
South Korea is providing more than half of Ripple’s daily trading volume, with “fear of missing out” pusing the altcoin to new highs. #ANALYSIS Go to Source Powered by WPeMatico
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Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptance
2017 was an extraordinary year, as Bitcoin gained acceptance on Wall Street and altcoins generated multi-hundred-fold gains. #ANALYSIS Go to Source Powered by WPeMatico
South Korean Exchanges Revise Policies to Comply with Crypto Regulation
South Korea’s cryptocurrency exchanges have implemented changes to comply with the government’s mandates announced last week. In addition to restricting certain customers from trading cryptocurrencies, the exchanges have stopped issuing new virtual accounts in accordance with the regulators’ real-name requirements. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Government’s Mandates … Read more
Korean Exchange Youbit May Avert Bankruptcy – Members Have 3 Options
South Korean exchange Youbit filed bankruptcy last week but has now come up with additional options to pay back its members. The exchange is asking them to vote between three options. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Youbit’s Bankruptcy Filing Youbit exchange’s operator Yaffian filed bankruptcy on December … Read more
Surveys: 73% of Russians Will Increase Crypto Investments
A recent survey shows that 49% of Russians want to receive cryptocurrency as gifts, with a large percentage specifying bitcoin. As cryptocurrencies grow in popularity, another survey reveals 73% of Russian investors expect to increase their cryptocurrency holdings next year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales 49% Want … Read more
South Korea to Ban Anonymous Accounts, Tighten Hold on Exchanges
In a continuation of its regulatory machinations, the South Korean government has unveiled its latest cryptocurrency legislation. With its sights set once again on exchanges, officials want to curb the use of anonymous accounts and increase their control over exchanges overall. Perhaps in response to the news, the cryptocurrency markets fell overnight, with Bitcoin slumping 10%. … Read more
South Korean Government Stressing Over “Irrationally Overheated” Bitcoin Market
South Korea’s government sees Bitcoin price as “irrationally overheated,” reiterates its authority to shutter exchanges if needed. #REGULATIONS Go to Source Powered by WPeMatico
Survey: 31% of South Korean Employees Invest in Crypto
If you know how hot South Koreans are for crypto, this may not come as much of a surprise. According to a new survey, 3 out of every 10 South Korean workers have some investment experience with cryptocurrencies. Nearly 1 in 3 Invested in Cryptocurrency This Wednesday, web-based job portal Saramin published the results of a survey that … Read more
South Korea Outlines New Attempts to Dampen Crypto Markets
The government of South Korea held a meeting on Thursday to discuss measures to deal with the growing trend of cryptocurrency speculation. The regulators clarified the clampdown on virtual accounts as well as other measures to end anonymity. In addition, the Ministry of Justice suggested an even more extreme measure. Also read: Russian Regulators Draft Law … Read more
Survey Says 31% of South Korean Workers Are Cryptocurrency Investors
Survey data shows that about three out of every 10 South Korean workers have invested in cryptocurrency in some shape or form. Also Read: Former FDIC Chair Sheila Bair on Bitcoin: “Value — Like Beauty — Is in the Eye of Beholder” 31.3% Invested in Virtual Currencies On Wednesday, online job portal Saramin surveyed 941 salaried … Read more