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South Korean Crypto Tax ‘Coming Next Year for Traders, Miners & ICOs’
27.5.2020
South Korean ministries have pledged to impose tax on cryptocurrency trading and crypto mining “from next year.”
Per reports from E Daily and Decenter, the Ministry of Economy and Finance is preparing to make an amendment to the existing Income Tax Act that will include clauses about taxing...
Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm
26.5.2020
Decentralized identity solutions might be blockchain’s killer app
Jobless South Korean University Graduates Are Increasingly Interested in Blockchain
26.5.2020
Can blockchain cure the country’s job creation woes?
Africa Is Experiencing a Crypto Renaissance
24.5.2020
Crypto use and adoption is beginning to see significant growth across Africa
South Korean University Announces New Blockchain Campus
23.5.2020
Suseong University closed a deal with the Korea Artificial Intelligence Association to launch a blockchain campus by 2021
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
Report: Africa Is Bullish on Crypto Despite Infrastructure and Regulatory Hurdles
20.5.2020
According to a new report, African nations have the highest rates of cryptocurrency adoption throughout the world
This Bitcoin Documentary From Africa Is Streaming on Amazon Prime
20.5.2020
A new documentary – “Banking on Africa: The Bitcoin Revolution” – explores the role of cryptocurrencies in African economies
Advances in Blockchain Drives Banks Toward Digital Currencies, Says Bank of Korea
19.5.2020
Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report
Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals
19.5.2020
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some...
South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’
18.5.2020
The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule.
According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...
COVID-19 Incentivizing Crypto and Leading Mainstream Adoption
17.5.2020
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular
Another Exchange Delists Monero Amidst Ongoing Sex Scandal
15.5.2020
Another cryptocurrency exchange delists XMR in South Korea in the midst of the Nth room sex scandal case
South Korea's Fintech Sandbox Creates 380 New Blockchain Jobs
15.5.2020
South Korea's regulatory sandbox has graduated several projects, resulting in the creation of 380 blockchain-related jobs and over $110 million in new investments
Blockchain-Powered 5G Phone Manufactured by Samsung Launches
14.5.2020
SK Telecom launches the world’s first 5G phone with blockchain-powered features to strengthen security
Upbit Hack’s $50M Funds Continue Moving After Hitting Binance
14.5.2020
Millions of dollars worth funds stolen from Upbit in November continue to be moved on little-known exchange Byex.com, unknown wallets as well as OKEx
Binance Now Supports Deposits and Withdrawals in South African Rand
12.5.2020
In yet another expansion initiative, Binance adds support for deposits and withdrawals in South African rand
Korean Luxury Retail Clients To Manage Reward Points on Blockchain
11.5.2020
Blockchain-powered rewards startup MiL.k stikes a partnership with a retail cluster in Seoul downtown, brings the technology to “millions.”
South Korea Sees Influx of Blockchain Platforms for Unlisted Stocks
11.5.2020
The South Korean blockchain space sees many new platforms trading for unlisted stocks, following an offering from state-backed Koscom last year
Top Korean Blockchain Platform Joins Celo Alliance
9.5.2020
Celo and Klaytn are working on delivering interoperability between the two blockchain platforms