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Genesis Digital Assets Announces Expansion of Bitcoin Mining in South Carolina
2.8.2023
Major Bitcoin mining company Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina, USA, which has "abundant and clean energy sources."
The facilities are located in the Western region of the southeastern state, said the press release.
All three...
Bitcoin Miner Genesis Digital Assets Opens 3 New Data Centers in South Carolina
2.8.2023
Genesis Digital Assets (GDA), one of the world’s largest bitcoin mining companies, has opened three new data centers in the western region of South Carolina. The facilities represent GDA’s continued expansion in the United States, where its data centers now account for over 2%...
Genesis Digital Assets opens three new facilities in South Carolina in US expansion
1.8.2023
The company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas
Crypto Fest 2023: Connecting crypto & blockchain enthusiasts in South Africa
1.8.2023
On November 24, attendees from around the world will gather at the luxurious Cabo Beach Club in Cape Town, South Africa, for the highly anticipated Crypto Fest 2023. Crypto Fest has earned its reputation as being one of the most prominent events in the blockchain and cryptocurrency space...
South Korea's CBDC Pilot to Take Place in Jeju, Busan, or Incheon, Excluding Seoul
1.8.2023
The central Bank of Korea (BOK) has narrowed down the choices for its central bank digital currency (CBDC) pilot venue to three regions. Notably, the nation's capital Seoul is not among these.
The major regions chosen as candidates are Jeju, Busan, and Incheon, according to IT Chosun. ...
Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage for $156,000 in Crypto, Binance Can Operate in Dubai But Not in Nigeria
31.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage...
Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report
31.7.2023
Jeju, Busan and Incheon are in the running to be considered
South Korea to pilot CBDC in one of these three cities, not Seoul
31.7.2023
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency
Curve Finance's Token Surges 500% on Bithumb After Over $100M Exploit
31.7.2023
The CRV/KRW pair listed on South Korea's Bithumb exchange has decoupled from the CRV/USD pairs listed on Western exchanges that exhibit price weakness
China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report
29.7.2023
BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase the organization’s geopolitical influence while they both seem to want to slow...
South Korea's Financial Intelligence Unit Presses Crypto Platforms to Improve Compliance Measures
28.7.2023
The Korea Financial Intelligence Unit (KoFIU) in a meeting on Thursday told the Korean crypto industry to double down on their efforts to prevent illegal activities.
At the meeting, KoFIU Commissioner Rhee Yunsu said that a “strategic analysis team” focused on crypto has been set up, and that...
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...
South Africa’s Foreign Minister Hints at Expansion of BRICS Bloc With 3 New Members
27.7.2023
In a recent interview published on July 26, South Africa’s foreign minister Naledi Pandor highlighted the BRICS group of economies’ commitment to peace, asserting that these nations do not aim to “weaponize the oceans.” Moreover, leading up to the much-anticipated 15th BRICS...
Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers
27.7.2023
Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer...
Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money
26.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property...
South Korea strengthens crypto regulation with LEI adoption and crime unit
26.7.2023
The decision was driven by the country's concern over illicit activities in the crypto market and the desire to safeguard investors
Deeper Ties With BRICS Should Not Jeopardize Relations With the West — South African Business Association Leader
26.7.2023
South Africa’s economic well-being is dependent on trade relations with the West, and therefore attempts to bolster relationships with BRICS must not be at the expense of ties to the West, the leader of a South African business association has said. The leader also singled out the African...
South Korea Forms Joint Crypto Crime Investigation Unit to Fight Surging Crypto Illegal Activities
26.7.2023
South Korean prosecutors and financial authorities have launched an interagency crypto crime division to crack down on crypto-related illegal activities.
The Seoul Southern District Prosecutors' Office said Wednesday that the joint virtual asset investigation team will comprise 30 staff...
BRICS Invites 69 Leaders to August Summit — Western Countries Omitted
26.7.2023
The BRICS economic bloc has invited 69 leaders to its upcoming summit, including all African heads of state and the political heads of major Global South bodies. More than 40 countries have expressed interest to join the BRICS group, with 22 nations already having submitted official applications....
Korean banks to research the stablecoins alternative
24.7.2023
Hana Bank plans to conduct research on certificate of deposit tokens, while Woori Bank’s research department has already recently released a report on them