Cryptocurrency News
A lot of things are changing in South Korea’s cryptocurrency ecosystem. With all major exchanges adhering to self-regulation, the government has bought additional time prior to introducing official guidelines. It seems that regulation will be introduced a lot sooner than originally thought. South Korean Regulators Make Their Move According to […]
South Korea is a very important location in the world of cryptocurrency. Its exchanges generate tremendous amounts of trading volume, and it seems that situation will not change anytime soon. According to a new report, the Korean Blockchain Association has announced that all exchanges meet its regulatory requirements, which is a […]
It’s finally happened! At press time, the father of digital currency has leapt to the $6,700 mark and conquered its latest plane of resistance. After weeks of analysts going at it (Will bitcoin reach $6,700? Will bitcoin reach $6,700?), it appears the currency has defeated its latest obstacle. Now, $7,000 […]
One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to […]
Even though the initial coin offering industry has attracted a lot of attention, it is also a problem. Especially when it comes to regulation, the opinions on ICOs are quite divided. With South Korea still banning this activity, a fair few domestic firms are organizing ICOs in Singapore due to […]
The world’s sixth-largest cryptocurrency exchange, Bithumb, was hacked and approximately $30 million worth of cryptocurrencies were stolen. The exchange broke the news of the hack via Twitter, where it also informed its users that it was changing its wallet system due to safety concerns. This isn’t the first time that […]
Trading bots have been playing an increasingly important role in the world of cryptocurrency. That in itself is a very positive development, although it may lead to a lot more speculation and volatility. It seems a few bots are making their mark on the South Korean cryptocurrency industry these days, […]
This week, Hankyung, a major mainstream media outlet in South Korea, reported that dozens of new cryptocurrency exchanges are set to launch in the country in the next few months with a primary focus on integrating new digital assets. Integration First, Security Second Over the past three months, Huobi Korea, […]
Getting more businesses to accept cryptocurrency payments has been a very big challenge. So far, it seems most mainstream businesses have very little overall interest in the cryptocurrency industry. KMP Health Care Seoul, on the other hand, will offer medical services to customers who pay using cryptocurrency. South Korea Continues […]