Category: korea
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CoinDeal Launches Crypto Debit Card With Great Benefits
The cryptocurrency exchange founders with years of experience in finance, Blockchain, and crypto industry, have prepared a pre-order of a CoinDeal debit card. Now, cryptocurrency payments will be easier than ever, at any time and place. If you want to buy a coffee directly from your exchange wallet, this card is the answer to that…
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Bitcoin.com Partners With Mecon Cash, Enabling BCH to Korean Won Withdrawal at Over 13,000 ATMs Across South Korea
Bitcoin Cash has been added to Mecon Cash’s M.Pay platform which is integrated with over 13,000 ATMs in South Korea. By making bitcoin cash usable for withdrawing won across the country, Mecon Cash is ensuring that BCH users in Korea can always make urgent and small transactions in any place that still does not accept…
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Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone
South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will discuss the preliminary plans with the Financial Services Commission (FSC) this month. Also read: Mining…
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Korean Presidential Committee Pushes to Legalize Crypto
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Presidential Committee Pushes for Crypto Legalization…
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How 10 Countries Respond to Facebook’s Libra Cryptocurrency
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets –…
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24 Countries and IMF Discuss Global Standards of Crypto Regulation
Twenty-four financial authorities and 11 international organizations, including the International Monetary Fund and the World Bank, recently gathered in New York and discussed global standards of crypto regulation. “It is important to consistently implement international standards,” said the chairman of South Korea’s top financial regulator who attended the meeting. Also read: Indian Supreme Court Postpones…
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PR: Bitcoin.com Partners With Jeju Blockchain Smartcity Association to Spread BCH Adoption
Roger Ver, CEO of Bitcoin.com has agreed to help the Jeju Blockchain Smartcity Association grow the BCH ecosystem. On March 25th, Roger Ver agreed to collaborate with the Jeju Blockchain Smarcity Association in Korea. The Association’s blockchain and BCH friendly environment is built on three pillars: free market efficiency, job creation, and international leadership. Since…
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Chinese Government Officials Targeted With Ransomware, North Korea Suspected
A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has…
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35 Countries Urged to Regulate Cryptocurrency Exchanges Like Commercial Banks
The Financial Action Task Force has finalized its requirements for the supervision and monitoring of cryptocurrency service providers. The inter-governmental body has reportedly urged all of its 35 member countries to regulate crypto exchanges in the same manner they regulate commercial banks. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval Regulating…