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South Korea to launch blockchain-based vaccine passports
1.4.2021
The Prime Minister of South Korea has announced a blockchain-based vaccine certificate will launch later this month, but the concept has proven controversial across the world
French Crypto Investor Sues Australian Firm After Klaytn Deal Goes South
31.3.2021
French businessman Alexandre Raffin, who runs the Paris-based Gains Associates, a company that allows investors to pool their money and buy crypto, has filed a lawsuit in an Australian court against crypto advisory and research company Modern Assets Australia. Raffin accused the Australian firm...
Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies
31.3.2021
South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. New Crypto Investors Seem...
Customers of Small South Korean Crypto Exchanges Fear for their Funds
31.3.2021
South Korean crypto exchanges are now among the most tightly policed trading platforms in the world after a new piece of anti-money laundering (AML) legislation promulgated last week, also placing controls on banking operations and much more. But in the ensuing grace period – which runs until late...
Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments
30.3.2021
Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency...
South Korean Tech Giants May Capitalize on ‘Rising Crypto Pay Demand’
30.3.2021
A new report has suggested that South Korea’s two biggest internet-focused tech titans, Kakao and Naver, may be well-poised to take the next step in crypto pay and crypto exchange-related business expansion.
Both have already placed a foot firmly into the door of crypto, but are still taking...
South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
30.3.2021
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African...
South Korea's 'Kimchi premium' is back: Is the Bitcoin rally starting to heat up?
29.3.2021
Demand for Bitcoin in South Korea is heating up as the country's BTC premium rises over 5%
Killer Loops With South Asian Flair Helped Skyblazer Stand Apart
29.3.2021
Welcome to Morning Music, Kotaku’s ongoing hangout for folks who love video games and the cool-ass sounds they make. We haven’t been covering many chiptunes lately, so today let’s start remedying that by checking out a somewhat unknown SNES gem with a sound all its own.Read more
South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’
29.3.2021
South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months.” In the warning, the regulator reminds investors that since...
South Korea Crypto Scammers Targeting People in Their 50s & 60s
27.3.2021
Source: Adobe/jon_chica
“Crypto” fraudsters in South Korea are increasingly preying on citizens in their fifties and sixties, a new report has found, with crypto-flavored multi-level marketing (MLM) schemes now running wild.
Per EDaily, the regulatory Financial Supervisory Service (FSS) says there...
Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges
26.3.2021
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting...
Livepeer Token Surges After Grayscale Investment Announced Creation of Trust to Invest in LPT
25.3.2021
Following the announcement by Grayscale Investments that it will be offering a trust that invests in Livepeer’s LPT, the token surged from just over $6 on March 17, 2021, to an all-time high (ATH) of $32.35 on March 21. LPT’s Four Day Surge The token’s four-day rally briefly...
Sales and Income Rocket at South Korea’s Biggest Crypto Exchanges
25.3.2021
South Korean crypto exchanges are having a bumper 2021, with sales and income figures rising through the roof at the nation’s two largest trading platforms.
Per Herald Kyungjae, recently released data from Vidente, a minority shareholder in the market-leading Bithumb exchange, showed that...
South Korea faces strict crypto regulation and fears of centralization
24.3.2021
The growing cost of compliance in South Korea could push smaller crypto businesses out of the country
Experts say new South Korean crypto rules will create a monopolized market
23.3.2021
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators' new requirements
OKEx Korea crypto exchange to shut down as new reporting laws take effect
23.3.2021
OKEx Korea announced that it's shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday
South Korean Deputy PM Make Crypto ‘Overheating’ Claim as Alt Interest Rises
23.3.2021
In a potentially ominous sign for the South Korean crypto community, the nation’s deputy prime minister Hong Nam-ki has called the crypto market “overheated.”
Politicians speaking out in disapproval of crypto is not uncommon in many regions, but readers with good memories may recall that the last...
Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa
22.3.2021
Blockchain Africa highlights the remaining hurdles that stand in the way of widespread adoption of crypto and blockchain on the continent
South Korean internet giant Naver reportedly joins Bithumb stake race
22.3.2021
Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange