South Korea

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Bitcoin in Brief Thursday: Busted in Bangkok

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In today’s edition of Bitcoin in Brief, there’s a lot to chew over. The crypto-coaster dazes Asian millennials, Kucoin asks some awkward questions, everyone wants to own an exchange, and why do so many bitcoiners get busted in Bangkok? Also read: Bitcoin in Brief Wednesday: Satoshi’s Millions and the Price of Publicity Kucoin Has a Question … Read more

Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes

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After the Chinese government banned local bitcoin exchanges from operating in the country some industrious people have begun going abroad to buy the cryptocurrency and reselling it in China for a premium. There are now so many of these ‘bitcoin mules’ that their profit margins are rapidly declining.   Also Read: Okex Fights Market Manipulation … Read more

South Korea Orders 12 Crypto Exchanges to Revise Consumer Contracts

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South Korea’s financial watchdog today ordered a dozen cryptocurrency exchanges to update their adhesion contracts, which the agency claims causes problems for users in withdrawals, and generally puts the businesses way ahead of consumers on all levels. Also read: Trezor to Implement Bitcoin Cash Addresses South Korea Orders Exchanges to Revise Adhesion Contracts The Republic of … Read more

Taiwan Looks to Regulate Bitcoin Under Anti-Money Laundering Laws

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楊金龍 Yang Chin-long, Governor of the Central Bank of the Republic of China (Taiwan), has suggested to the country’s lawmakers that bankers are watching cryptocurrency prices closely, and that it has recommended bitcoin should be regulated under existing anti-money laundering laws. Also read: Trezor to Implement Bitcoin Cash Addresses Taiwan Set to Regulate Bitcoin Under Anti-Money … Read more

Bitcoin Price Watch: Things Looking Up from Here?

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Bitcoin has gained back the $200 it lost yesterday. At press time, the currency is trading for just under $7,100. Nothing huge, but that’s still better than yesterday’s “high” of $6,900. The major sentiment is that the alleged death cross has failed; bitcoin’s level of resistance has strengthened, and the low points are possibly over … Read more