[ad_2][ad_1] Source: Adobe / papii South Korean police shut down the network on an alleged Ethereum (ETH) scam operation called EtherWallet, making “dozens” of arrests nationwide for suspected $ 44.5 million fraud. About 3,000 victims have been identified, police said. The Seoul Metropolitan Police Agency formally investigated EtherWallet since early …
Read More »South Korea’s financial watchdog will ban privacy coins from exchanges
[ad_2][ad_1] According to a November 3 announcement by the South Korean Financial Services Commission, or FSC, virtual asset service providers within the country will no longer be able to manage digital assets that present a high risk of money laundering money. These updates were made as part of the guidelines …
Read More »The South African regulator raids the home of key members of an alleged Crypto Ponzi scheme
[ad_2][ad_1] A South African regulator along with the country’s police reportedly seized electronic devices and computers belonging to two main members of Mirror Trading International (MTI), an alleged bitcoin Ponzi scheme. The raid on Clynton and Cheri Marks’ home on October 26 was led by officials from the Financial Sector …
Read More »Crypto Corner Episode 468: JPMorgan (NYSE: $ JPM) Weighs on Crypto, Bitfarms Signs MOU for South American Electricity, and NetCents (CSE: $ NC.C) Provides Crypto Credit Card Upgrade
[ad_2][ad_1] Point Roberts, WA and Delta, BC – Oct 26, 2020 (Investorideas.com Newswire) Investorideas.com, a leader in cryptocurrency and blockchain investment news, brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency stocks and the cryptocurrency market. Listen to today’s Crypto Corner podcast: https://www.investorideas.com/Audio/Podcasts/2020/102620-CryptoMarket.mp3 …
Read More »South Korea will start taxing Bitcoin profits in 2021
[ad_2][ad_1] South Korea will begin taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The tax will also apply to bitcoin mining operations and income from initial coin offerings if approved by Parliament. South Korea’s Ministry of Economy and Finance has proposed changes to …
Read More »South Korean Crypto Exchange Coinone issues criteria for cryptocurrency listing
[ad_2][ad_1] South Korean cryptocurrency exchange Coinone has released a series of criteria to determine whether to list new digital currency projects on the exchange. In a blog post published August 8, Coinone described nine criteria that cryptocurrency projects must meet to be listed on the stock exchange. Coinone will specifically …
Read More »The main South African Coindirect exchange supports the SARB regulations
[ad_2][ad_1] The South African Reserve Bank (SARB) has recently declared that it will take a more tactical and rigorous approach to the cryptocurrency sector. Issued as a consultation document, the national bank outlines the risks and benefits of cryptocurrency and explains how changes will be made in order to reduce …
Read More »The leaders of the South Korean Crypto Exchange Komid imprisoned for falsifying the volume: local media
[ad_2][ad_1] Reportedly, two South Korean cryptocurrent exchange leaders Komid were sentenced to serve imprisonment for false trading volumes, armored block-press reports in cryptopressione on January 18th. The chief executive of the exchange, nicknamed Choi, received a three-year sentence, while another company leader with an unspecified role was sentenced to two …
Read More »Get ready for the biggest blockchain conference in South Korea-Chain Plus
[ad_2][ad_1] Over 2,000 delegates from around the world are expected to participate in Chain Plus + Korea, one of the most important blockchain summits and conferences in South Korea. Organized by Chainers and the Korean media giant MTN (Money Today Network), the two-day summit will take place at the Seoul …
Read More »The South African government abandons the plan to ban cryptocurrency
[ad_2][ad_1] The South African Reserve Bank (SARB) has recently published a consultation document assessing the benefits and dangers of encryption in the country. The article, established together with a number of administrative activities in the country, was declared in an authorized statement published on January 16th. Among the increasing cryptocurrency …
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