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Bitstamp has confirmed that it has been acquired by a European subsidiary of a South Korean corporation. Nejc Kodrič will remain the CEO of the exchange. The Korean group also owns gaming giant Nexon and Korbit, the country’s fourth largest crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitstamp Acquired The oldest … Read more
In this edition of Regulations Roundup, we focus on the U.S. Securities and Exchange Commission’s (SEC) ongoing discussions with companies that are interested in setting up cryptocurrency funds. We also look at a recent warning by the South Korean financial regulator about virtual currency investments, as well as a call by the CEO of U.S. … Read more
North Korea has allegedly backed two scam altcoins this year, according to a report by U.S. security firm Recorded Future Go to Source Powered by WPeMatico
South Korea’s financial watchdog has warned investors that local crypto funds are neither approved or registered Go to Source Powered by WPeMatico
The largest port in Europe has partnered with a major Dutch bank and Samsung’s IT subsidiary to test blockchain for container shipping from Asia to the EU Go to Source Powered by WPeMatico
Samsung has begun a new production process for its 7nm chips, making them more energy efficient, which could reduce costs for crypto miners Go to Source Powered by WPeMatico
Bitcoin exchange BTCC, formerly known as BTC China, is set to launch trading services in South Korea in November Go to Source Powered by WPeMatico
Hong Kong-headquartered cryptocurrency exchange BTCC is reportedly launching services in South Korea this month. In addition to a cryptocurrency exchange, the company will offer a wallet service, a mining pool, and a consumer payments service, according to its Korean website. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals BTCC Expanding Into South … Read more
Major South Korean financial holding company KB Financial Group has sealed a patent for a blockchain-based fintech app security solution Go to Source Powered by WPeMatico
The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision … Read more