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South Korean Central Bank Turns to Private Sector for CBDC Help
31.8.2020
South Korea is a step closer to welcoming a central bank digital currency (CBDC), with design and implementation reviews complete – and private companies now set to get involved.
Per reports from Seoul Kyungjae and Chosun, the nation’s central bank, the Bank of Korea (BOK), now says it wants...
South Africa Might Impose Tighter Crypto Taxes Rules - Auditor
31.8.2020
The South African Revenue Service (SARS) could bring in stricter taxes for the country’s cryptoasset holders in the near future, potentially hampering the development of an industry that has emerged as Africa’s biggest, analysts claim.
Wiehann Olivier, a partner in the auditing division...
South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot
31.8.2020
The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency
This South Korean film festival will be powered by blockchain technology
28.8.2020
The event will reward participants with token-based rewards
The leaders of a fake crypto exchange are now behind bars
27.8.2020
Choi and Park lost their last chance not to serve a jail time
South Korean Court Sends Bogus Crypto Exchange Chiefs to Prison
27.8.2020
In what has been a torrid week for South Korean crypto exchanges, the CEO and the executive director of a legitimate-looking trading platform have been sent to jail for three and two years respectively – after a court found them guilty of duping investors with a bogus exchange.
A branch of...
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
ICON app offers remote KYC for South Korea’s second-largest bank
27.8.2020
Smartphone users in South Korea can open bank accounts remotely with KYC verification via an ICON-powered app
US Democrats Want Info on Confiscated Crypto, Bakkt's Record + More News
26.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
US congressmen Josh Gottheimer and Emanuel Cleaver, both from the Democratic party, have requested the Trump administration...
Major Korean crypto exchange seized after 99% trading volume allegedly faked
26.8.2020
Police claim that wash trading and market manipulation by the owner and management team of the Coinbit exchange netted over 100 billion won
Industry ‘Under Threat’ as South Korean Police Raid Crypto Exchange
26.8.2020
Police in South Korea have raided the offices of Coinbit, a South Korean crypto exchange, under suspicion of widespread market manipulation.
The exchange was set up in 2018 by gaming firm Axia, and has risen to become one of the most promising of the chasing pack of exchanges behind market leaders...
South Korean Exchange Coinbit Seized Over Allegations of Fraud
26.8.2020
South Korea's third largest crypto exchange, has reportedly been seized by police over allegations it faked transaction volumes
A Blockchain company in Seoul may be ground zero for a fresh resurgence of COVID-19
25.8.2020
A major South Korean tech hub is under scrutiny by local health authorities
Deep South: S otrokářskou pověstí
24.8.2020
Deep South: S otrokářskou pověstí
Coinbase-Backed Exchange to Redistribute Seized Venezuelan Funds
21.8.2020
A major win for the people of Venezuela and the fight against government corruption
This South Korean City is Spending Millions to Turn People Into Blockchain Experts
20.8.2020
Daegu is still in the race for blockchain dominance
South African Regulator Warns Against Using Mirror Trading International
20.8.2020
Mirror Trading International is getting flak from regulators worldwide
Korean Tourist Hotspot Mandates Use of COVID-19 Blockchain App
20.8.2020
South Korean tourist island tries to stay open and safe with blockchain technology
Mirror Trading Clients Should Take Their Money and Run, South Africa’s Financial Regulator Advises
19.8.2020
FCSA said Mirror Trading's self-proclaimed 10% monthly returns "seems far-fetched and unrealistic" as it opened an investigation
South African Regulator Pressures Bitcoin Investment Company, Urges Clients to Request Refunds
19.8.2020
An embattled bitcoin investment company, Mirror Trading International (MTI)’s troubles took another twist August 18 after the South African regulator, Financial Sector Conduct Authority (FSCA) said that it is investigating the investment company. MTI’s latest conflict with the regulator...