Korea’s Top Financial Regulator: Crypto Exchanges Should Face ‘No Problems’ With Banks

The chairman of South Korea’s Financial Services Commission has affirmed that crypto exchanges should face no issues with banking provisions. The chairman of South Korea’s Financial Services Commission (FSC) has affirmed that crypto exchanges should face no issues with banking provisions, local media platform Token Post reported Oct. 30. The FSC’s Choi Jong-Ku clarified that […]

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New Zealand Gov’t-Backed Institute Issues Grant to Crypto Wallet and Trading Service

New Zealand government-backed innovation institute Callaghan Innovation issued a grant for $330,000 to a domestic crypto wallet and trading service.   New Zealand’s state-backed innovation institute Callaghan Innovation awarded a $330,000 grant to a local crypto wallet and trading service, according to a press release published Tuesday, Oct. 30. Callaghan Innovation issued an “R&D Project […]

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Bitstamp Is Looking Towards ‘Global Expansion’ After Being Acquired by South Korean Investors

Bitstamp has been acquired by Brussels-based investment firm. On October 29, the cryptocurrency exchange, Bitstamp, was acquired by Belgium-based investment firm NXMH, which in turn, is owned by South Korean media conglomerate NXC Corp. The Luxembourg-registered exchange is now controlled by the same company that bought the majority stake in the South Korean crypto exchange, […]

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Microsoft to Integrate Blockchain Offering Into Nasdaq Services Following New Partnership

A new partnership between Microsoft and Nasdaq Inc. aims to integrate the Azure Blockchain offering with Nasdaq’s Financial Framework product. American software corporation Microsoft will integrate its Azure Blockchain technology into stock exchange Nasdaq Inc.’s Financial Framework (NFF), according to an Oct. 30 press release. Per the recent announcement, Microsoft will integrate its Azure blockchain […]

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Crypto Exchange Service Helps Bithumb Recover 1 Million XRP After Massive June Hack

Prague-based crypto exchange Changelly announced that it helped South Korean exchange Bithumb recover over 1 million XRP following a massive hack in June. Prague-based crypto exchange service Changelly has announced that it helped South Korean exchange platform Bithumb recover 1,063,500 Ripple (XRP) in stolen assets following a massive hack in June, a press-release stated, Oct. […]

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Venezuela Officially Launches Sale of Controversial Petro Coin for Fiat, Crypto

Venezuela launches the official sale of state-owned Petro — a controversial coin that can only be purchased from its website or directly from National treasury for cryptoassets. Venezuela’s controversial state-owned cryptocurrency the Petro is now available for purchase for fiat and crypto, Venezuelan Economy Department announced on Twitter Monday, Oct. 29. According to an infographic […]

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