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South Korea stops short of allowing crypto in updated donation laws
6.5.2024
Department store gift vouchers, stocks, and loyalty points from tech giants can be donated to charities, but not crypto
Latam Insights: South African Ponzi Scheme Boss Dies in Brazil, Argentine House Passes Crypto Tax Regularization Bill
6.5.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto tax regularization bill, and Buenos Aires targets...
Crypto Excluded from New South Korean Donations Law
6.5.2024
Crypto, “including Bitcoin,” will be excluded from an amended South Korean donations law, government officials announced on May 5.
The post Crypto Excluded from New South Korean Donations Law appeared first on Cryptonews
Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief
6.5.2024
A top South Korean prosecution official says courts must deliver swifter justice to crypto offenders – with cases currently taking “too long” to process.
The post Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief appeared first on Cryptonews
BTC Ponzi Scheme Mastermind Suffers Heart Attack, Analyst Eyes $300K BTC Price, and More — Week in Review
5.5.2024
Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, died of a heart attack while under house arrest in Brazil. A technical analyst predicts a significant surge in Bitcoin’s price, suggesting it could reach $300,000 during the upcoming aggressive phase of the bull...
South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning
5.5.2024
The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say several factors could hinder the implementation...
Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg
3.5.2024
CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs
Crypto Phishing Attacks ‘Rampant’ in South Korea – Report
2.5.2024
Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.
The post Crypto Phishing Attacks ‘Rampant’ in South Korea – Report appeared first on Cryptonews
South Africa’s Largest Crypto Exchange VALR Expands to Poland, Eyes Global Growth
1.5.2024
VALR, the largest cryptocurrency exchange in South Africa, is set to offer its crypto asset services in Poland and is actively exploring opportunities in other jurisdictions worldwide.
The post South Africa’s Largest Crypto Exchange VALR Expands to Poland, Eyes Global Growth appeared first...
South Korean Tech Giants Naver, Kakao Aim to Launch Token in June
1.5.2024
The South Korean tech giants Naver and Kakao are set to finalize their blockchain merger plans with a token launch in June.
The post South Korean Tech Giants Naver, Kakao Aim to Launch Token in June appeared first on Cryptonews
South Koreans Warned to Declare Overseas Crypto Exchange Holdings
30.4.2024
South Korean crypto holders were warned to declare their overseas crypto exchange holdings – or face a potential “tax bombshell.”
The post South Koreans Warned to Declare Overseas Crypto Exchange Holdings appeared first on Cryptonews
South Korean ministries look to upgrade status of crypto crime unit
29.4.2024
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea
South Korea to Make Temporary Crypto Investigative Unit Permanent
29.4.2024
South Korea is taking decisive measures to combat the surge in cryptocurrency-related crimes and fraud cases by moving to establish its temporary crypto investigative unit as a permanent entity.
The post South Korea to Make Temporary Crypto Investigative Unit Permanent appeared first on Cryptonews
FMAS:24’s diverse attendance reflects the dynamic nature of Africa’s financial ecosystem
29.4.2024
With the Finance Magnates Africa Summit 2024 (FMAS:24) just around the corner, the anticipation is building for what promises to be a groundbreaking event in Africa’s financial services sector. Scheduled to take place from May 20 to 22 in SCC Sandton, South Africa, FMAS:24 is gearing up...
Can the Upcoming South Africa Elections Swing In Favor of Crypto?
29.4.2024
South Africa's approaching elections are unlikely to disrupt the country's progress in the realm of digital assets, according to several members of the crypto community.
The post Can the Upcoming South Africa Elections Swing In Favor of Crypto? appeared first on Cryptonews
South Africa’s Election Won’t Interfere With Crypto Policy: Industry Watchers
29.4.2024
South Africa's upcoming election isn't expected to derail the country's agenda for digital assets, several members of the crypto community told CoinDesk
Telegram Becoming ‘Crypto-powered Narcotics Department Store’ for South Koreans
29.4.2024
Crypto-powered narcotics gangs have turned Korean-language Telegram channels into “drugs department stores” and a “playground” for young South Koreans, media outlets reported on April 28.
The post Telegram Becoming ‘Crypto-powered Narcotics Department Store’ for South Koreans appeared first...
South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil
29.4.2024
Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in Brazil. According to his Brazilian wife, Steynberg left no will and had no assets that could be inventoried. South African Police Investigate...
South Korean Prosecutor Jailed for Leaking Info in Crypto Fraud Case
26.4.2024
A South Korean prosecutor was jailed for leaking sensitive information in a high-profile crypto fraud case, domestic media outlets reported on April 25.
The post South Korean Prosecutor Jailed for Leaking Info in Crypto Fraud Case appeared first on Cryptonews
Bitcoin Events announces two exciting events in South Africa: Crypto Fest 2024 and Blockchain Africa Conference 2024
25.4.2024
Get ready for a double dose of excitement as Bitcoin Events proudly presents two premier events in South Africa: Crypto Fest 2024 and the Blockchain Africa Conference 2024. Crypto Fest 2024: A thrilling crypto extravaganza Prepare to immerse yourself in the dynamic world of cryptocurrency at...