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South Korean foundation to recover funds from defunct crypto exchanges
25.9.2024
The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities
South Korean foundation to recover funds from defunct crypto exchanges
25.9.2024
The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities
Bitcoin's South Korea Discount Hits Highest Since October 2023
25.9.2024
The bitcoin price discount on Korean exchanges relative to offshore venues is the steepest since October 2023, according to CryptoQuant
Johannesburg Welcomes a Successful South Africa Traders Fair 2024
25.9.2024
The South Africa Traders Fair, organized by FINEXPO, concluded on 21 September 2024 at the renowned Protea Hotel…
North Korea Signals Closer BRICS Relations Amid Growing Russia Ties
25.9.2024
North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North...
Upbit to store user data on AWS: What users should know
24.9.2024
Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations
How China’s Economic Slowdown Will Transform Global Trade, Expert Insights
23.9.2024
China’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how these internal economic challenges might prompt China to boost investments...
BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments
22.9.2024
The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that can be avoided when paying with other currencies...
African economies show high potential for digital asset adoption
22.9.2024
South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR
Blockchain adoption in Asia Pacific will expand into SMEs — Blockdaemon
19.9.2024
Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain.
South Korea, Hong Kong Lead Crypto Market Growth in East Asia
19.9.2024
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major...
Venezuela opposition’s Bitcoin reserve plan must overcome political turmoil first
18.9.2024
Opposition leader María Corina Machado proposed adding Bitcoin to Venezuela’s reserves for a new era led by Edmundo Gonzalez
South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis
18.9.2024
The Korea Premium Index drives price surges in South Korea's crypto market, where institutional trading plays a pivotal role
South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis
18.9.2024
The Korea Premium Index drives price surges in South Korea's crypto market, where institutional trading plays a pivotal role
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official
17.9.2024
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without relying on currencies used as political tools...
Network Latency Drives Solana Validator to South Africa’s Commercial Hub
14.9.2024
Superfast founder Martin Tromp has launched a Solana validator in one of Teraco’s Johannesburg data centers. Solana is a fast, scalable blockchain platform competing with Ethereum. As a proof-of-stake system, validators like Tromp’s play a crucial role in maintaining network security...
BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals
13.9.2024
Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s...
20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats
8.9.2024
The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il, and Japan’s Kumagai Naoki, the meeting focused...
South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
6.9.2024
The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals...
UAE to Boost Global South Growth Through BRICS Membership
5.9.2024
The United Arab Emirates (UAE) is committed to supporting the economic development of the Global South through its membership in the BRICS group, according to Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance. The UAE aims to foster cooperation among BRICS countries to achieve...