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Most cryptocurrency enthusiasts are well aware of how the prices on Coinmarketcap look skewed. This is mainly because they continue to factor in the Korean prices for the global average. Although that is only normal, it also makes the markets look a lot healthier than they really are. As a result, the platform is now … Read more
This week will see six Korean banks probed for legal compliance as they serve cryptocurrency exchanges. #BRIEF Go to Source Powered by WPeMatico
Bitcoin and digital currencies have become very popular worldwide, and many newcomers want to learn about this fascinating technology. Of course, they can research the subject online and read about bitcoin in the headlines, but lots of people are gaining knowledge from local bitcoin meetups; a trend that’s been booming all over the world for … Read more
Two major Chinese cryptocurrency exchanges have delayed their launches in South Korea due to uncertainties surrounding the government’s regulation. The regulators are currently working on a real-name identification system that will end the anonymous trading of cryptocurrencies in the country. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details4 A Bump in the Road … Read more
Seoul-based law firm prepares to fight new crypto trading regulations in the country, calling them ‘unconstitutional’. #NEWS Go to Source Powered by WPeMatico
A law firm from Seoul has decided to address arbitrary measures taken by authorities to regulate cryptocurrency trade. Korean lawyers have filed an appeal accusing their government of “unconstitutional” infringement on property rights. Newly imposed rules are devaluing virtual currencies, they say. Also read: Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017 … Read more
Total crypto market cap hits record high over $700 bln, spurred on by rises in altcoins, while BTC dominance drops to record lows Go to Source Powered by WPeMatico
South Korea is providing more than half of Ripple’s daily trading volume, with “fear of missing out” pusing the altcoin to new highs. #ANALYSIS Go to Source Powered by WPeMatico
2017 was an extraordinary year, as Bitcoin gained acceptance on Wall Street and altcoins generated multi-hundred-fold gains. #ANALYSIS Go to Source Powered by WPeMatico
South Korea’s cryptocurrency exchanges have implemented changes to comply with the government’s mandates announced last week. In addition to restricting certain customers from trading cryptocurrencies, the exchanges have stopped issuing new virtual accounts in accordance with the regulators’ real-name requirements. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Government’s Mandates … Read more
