Bithumb, South Korea’s largest crypto exchange, has taken another step towards global expansion by strengthening integration with its international arm. South Korea’s largest cryptocurrency exchange, Bithumb, has announced it will take another step towards global expansion by strengthening integration with its international arm. On Feb. 26, Bithumb launched a new digital asset transfer service between […]
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As the coronavirus spreads to more countries, how will the crypto exchange deal with the epidemic’s effect on its offices? Every day there are new stories of travel disruptions and public gatherings in Asia being cancelled due to the threat of the COVID-19 virus, AKA the coronavirus. Cryptocurrency and traditional markets have also been affected, […]
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In South Korea, tax experts gathered and proposed a transaction tax on cryptocurrency before leaping straight to an official income tax. South Korean tax experts have advised the Korean government to apply a low-level trading tax on cryptocurrency profits before subjecting citizens to a transfer income tax, according to a Business Korea report. The Korean […]
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Bitcoin price and equities markets dropped sharply as the Coronavirus continues to spread across the globe. On Monday morning equities markets in the United States and Europe dropped sharply as investors fear over the continued spread of COVID-19, also known as the Coronavirus, intensified. Earlier in the day, the Italian government instituted a quarantine on […]
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The Bank of Korea has started a project on building a blockchain-based bond system to enable distribution of bond records. Global central banks are increasingly looking at blockchain technology as a tool to make interbanking processes more efficient and transparent. Following the World Bank’s exemplary experience of blockchain bond transactions, South Korea’s central bank is […]
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Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly develop new services and products. As not a day goes by without another cryptocurrency partnership, one of the biggest crypto exchanges in South Korea has begun new cooperation. Major South Korean cryptocurrency exchange Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly […]
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How is the FATF’s AML guidance being implemented around the world, and what is its impact on the crypto industry? It’s been nearly eight months since the Financial Action Task Force issued its divisive crypto directives, establishing traditional banking regulations within the crypto sector. With the year-long adoption deadline fast approaching, how have the world’s […]
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The South Korean government is going to invest $16 million in training more digital finance experts in the coming four years. The Korean financial services commission and the Seoul metropolitan government have announced plans to invest $16 million in training digital finance experts for four years on Feb. 12. The application period to win the […]
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Coinbase misses the number one spot among platforms on CryptoCompare’s new Exchange Benchmark due to a 2019 Bitcoin price glitch. Coinbase, one of the most popular platforms in the United States, missed out on the number one spot in a ranking of crypto exchanges due to a 2019 Bitcoin (BTC) price glitch. The major U.S. […]
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Bitcoin price enters what could be a brief consolidation phase but traders are keeping a sharp eye on the approaching weekly close. As Bitcoin (BTC) and Ether (ETH) price rallied to new 2020 highs on Feb. 11, a large transaction totaling nearly 12,000 BTC was moved from a wallet associated with the PlusToken Ponzi scheme. […]
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