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Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations Worldwide
2.3.2020
On February 28, Gocrypto CEO Dejan Roljic revealed the payment gateway has officially onboarded 1,000 merchant locations during a recent company update that expanded upon the firm’s growth. Roljic also explained Gocrypto now has several locations in five countries and the company recently...
Australian Court Accepts Cryptocurrency Exchange Account as Security for Legal Costs
28.2.2020
A court in Australia has agreed that a crypto exchange account can be used as security for potential legal expenses. Acknowledging the volatile nature of decentralized digital assets, the judge nevertheless conceded that cryptocurrency is a recognized form of investment in the current uncertain...
Crypto Contributes to Money Laundering Problems in Latin America, Report
28.2.2020
Crypto exchanges in Latin America attract money launderers due to “extremely lax” AML and KYC regulations, a new report says
13,000 South Korean ATMs to Enable Litecoin Withdrawals
28.2.2020
Source: iStock/Ja'Crispy
Litecoin (LTC), the cryptocurrency created by Charlie Lee to be the “silver to Bitcoin’s gold” back in 2011, may be about to see more real-world use as more than 13,000 ATMs in South Korea enable LTC withdrawals directly to Korean won (KRW).
The Litecoin Foundation said...
13,000 ATMs in South Korea to Support Litecoin Withdrawal and Remittances
28.2.2020
The Litecoin Foundation hopes to drive LTC adoption in Asia through the new partnership with MeconCash
Beyond the Law Star Steven Seagal Settles With SEC + More News
27.2.2020
Beyond the Law movie poster. Steven Seagal is in the middle.
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
The U.S. Securities and Exchange Commission (SEC) settled...
South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System
27.2.2020
South Korea’s NongHyup Bank rolls out first commercial use of blockchain ID technology backed by tech giant Samsung
‘Mass South Korean Crypto Closures’ to Follow if Legislation Delayed
27.2.2020
South Korean cryptocurrency industry insiders are warning that the country’s failure to introduce crypto laws could be cataclysmic, with “mass bankruptcies” likely.
As Cryptonews.com reported yesterday, the South Korean National Assembly’s schedule has been thrown into turmoil by an outbreak of...
RippleNet to Boost Remittances Across Asia WIth New Partnerships
26.2.2020
A group of companies in South Korea and Philippines have joined RippleNet to bolster the remittance business
South Korea’s Bithumb Launches Zero Fee Transfers to Global Platform
26.2.2020
Bithumb users can now instantly move Bitcoin and Ether to Bithumb Global with zero fees
South Korean Tax Policy Association Proposes Two-Step Tax on Cryptocurrencies
25.2.2020
Cryptocurrency is here to stay in South Korea as tax experts are looking into how to tax traders
Flipstarter Reveals Eatbch and BCH Development Funding Goals – Blog Post Receives $2k in Tips
25.2.2020
On Sunday, developers of the Flipstarter.cash project announced the start of private testing for the platform’s BCH assurance contracts and the team also revealed the first two funding projects. One of the first funding goals will be raising bitcoin cash for the nonprofit food charity Eatbch...
Tax and KYC Issues Plague Upbit's Foreign Withdrawals, Exchange Says
20.2.2020
South Korean crypto exchange Upbit still bans foreign clients from withdrawing funds
South Korea’s Central Bank Is Building a New Blockchain System for the Bond Market
20.2.2020
The Bank of Korea is reportedly looking to build a blockchain system for the Korean bond market
Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible
19.2.2020
Contents Protocol will refund approximately $7.5 million-worth of ether back to investors
South Korean Startup Contents Protocol Team Announces Closure
19.2.2020
Contents Protocol Team, a South Korea-based startup firm, has shocked the crypto community by announcing that it has decided to stop its operations in the country and shall be refunding the investors in the near future. The sudden announcement has taken the firm’s investors in a blow as the firm...
Korean ICO Contents Protocol Shuts Down, Will Return $7.5M to Holders
19.2.2020
South Korean ICO project Contents Protocol will return the majority of its initial funds to token holders
Bank of Korea Seeks to Deploy Blockchain in Bond Market: Report
18.2.2020
South Korea’s central bank is working on a project to distribute bond records on the blockchain, a report says
South Korean Banks ‘Sitting on Crypto Plans in Regulatory Limbo’
18.2.2020
South Korean financial institutions have formulated crypto business plans – but cannot go public with them due to a lack of regulatory clarity, claim bankers in the country.
News outlet Hangook Ilbo quotes an unnamed “senior official” at a South Korean bank as stating,
“Banks in South Korea cannot...
Bithumb to Get Wall Street-Level Fintech Expertise via New Partnership
17.2.2020
Major South Korean crypto exchange Bithumb to partner with BitMax, accessing the latter’s Wall Street-level fintech expertise