Category: South Korea
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Binance CEO Changpeng Zhao: With Tether ‘Concern is Always There’
During a recent conference in South Korea, Binance CEO Changpeng Zhao responded to questions about the company’s relationship with controversial stablecoin Tether. He acknowledged that “concern is always there,” according to regional reporting. Binance is one of the largest holders of Tether. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay…
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Germany’s 2nd Largest Stock Exchange to Launch ICO Platform, Multilateral Crypto Trading
Germany’s second largest stock exchange, the Stuttgart Börse, has revealed plans to develop a new ICO platform and a multilateral crypto trading venue
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SBI Plans Derivatives Platform, Huobi Eyes 30% Korean Market, Thai Four-Crypto ATM Unveiled
Japan’s SBI Group is reportedly planning to create a crypto derivatives platform. In South Korea, Huobi is taking an aggressive approach and expects to achieve a 30% crypto market share. Meanwhile, a Thai crypto exchange has unveiled an ATM that supports four cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space SBI Plans Derivatives…
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South Korea's Financial Watchdog Calls for Integrated Blockchain System for Stock Trading
Following a detailed study, South Korea’s Financial Supervisory Service has advocated the development of an integrated blockchain system for stock transactions
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Korean Crypto Exchange Bithumb Suspends Opening New Virtual Accounts
Bithumb has suspended issuing new virtual accounts to crypto traders starting on August 1 after failing to renew the contract with its bank. These accounts are part of the real-name system enforced by the Korean government earlier this year. Only three exchanges in the country are now reportedly able to open new virtual accounts for…