Blockstream launches a fifth BTC blockchain satellite into space, and a report accuses many exchanges of wash trading. Top Stories This Week Blockchain Firm Blockstream Launches Fifth Bitcoin Blockchain Streaming Satellite Blockstream, a blockchain development firm, expanded its satellite service this week with a fifth leased satellite broadcasting the Bitcoin (BTC) blockchain to all of […]
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Three figures at Upbit and owner Dunamu are under investigation after South Korea’s financial regulator complained to authorities. South Korea’s largest cryptocurrency exchange Upbit has denied accusations it had manipulated its order book after regulators indicted three of its staff, local English-language news outlet The Korea Times reported 21. Upbit, which is owned by developer […]
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Major Korean crypto exchanges have arranged a crypto regulation debate in the National Assembly, discussing Anti-Money Laundering policies and customer protection. South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10. According to local business outlet Financial […]
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A recent report by CryptoCompare shows that South Korean crypto exchanges saw $200 million more in average daily trade volumes than their Maltese competitors. Cryptocurrency exchanges registered in South Korea have overtaken their Maltese-registered counterparts by average daily trade volume in November. This is according to a report by cryptocurrency market data provider CryptoCompare, published […]
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Kakao is close to completing the private sale of its cryptocurrency called Clay, raising $300 million. Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay. In March, Kakao […]
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Taiwan has implemented new AML regulations on crypto exchanges. Was it influenced by China? On November 2, Taiwan officially tightened anti-money laundering (AML) policies targeted at crypto exchanges, requesting exchanges to monitor and prevent any illegal transaction processed using digital assets. According to the newly drafted Money Laundering Control Act and Terrorism Financing Prevention Act […]
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Banks are now required to provide fair services to crypto exchanges in South Korea by the court. On October 30, South Korea’s main financial authority officially cleared banks to work with crypto exchanges for the first time in history, establishing a major milestone for the local cryptocurrency sector. At the state affairs audit, held by […]
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sponsored i-House.com has revealed its plans to create a global real estate marketplace that combines blockchain technology with traditional real estate methods. The real estate industry has seen significant growth since the recession. With market prices predicted to increase along with millennial demand in 2019, the industry is as welcoming as ever. Although the market […]
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World’s sixth largest crypto exchange Bithumb is launching a global decentralized trading platform in partnership with blockchain firm One Root Network. South Korean crypto exchange Bithumb, currently the world’s sixth largest by daily traded volume, will open a global decentralized crypto exchange, Business Korea reports Oct. 4. Bithumb has partnered with blockchain firm One Root […]
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