Over the past few months, South Korea has become one of the world’s biggest cryptocurrency hubs. Local exchanges generate billions in volume every single day, divided among the top and smaller cryptocurrencies. Even though the government is looking to curb cryptocurrency trading, the general population is not too bothered. A new study shows that close to […]
Bitcoin, along with most of the crypto market, took a massive plunge this week that had many ring the alarm bells on ‘popped bubbles’ and ‘Bitcoin crashes.’ However, there has been a market recovery.
The latest scandal in South Korea’s cryptocurrency space: govt. officials are being accused of insider crypto trading. #NEWS
JP Morgan’s Global Market Strategist Mike Bell seems to have timed his tirade against cryptocurrencies perfectly stating that governments could ban them in the wake of confusion emanating from Korea. #REGULATIONS
A Korean financial regulator has reportedly indicated it is investigating possible insider trading of cryptocurrencies by its own staff.
South Korea is considering to ban all cryptocurrency exchanges or just those that have violated the law, and vows to make a decision today.
Over 200,000 South Koreans have signed the petition to save ‘the happy dream’ of Bitcoin. The government is now expected to respond.
Soldiers in South Korea will no longer be able to access online cryptocurrency trading websites whilst at military bases. A notification issued Monday by the Ministry of Defence outlined plans to crackdown on digital currency trading. They also began shutting down access to websites about Bitcoin and other virtual currencies at the same time. The notification […]
Currently, regulation on Bitcoin has come either regionally or nationally, from certain countries’ central banks and regulators, but there is a call for a united global front. #ANALYSIS
A member of the board of Germany’s Bundesbank, has suggested that any attempt to regulate cryptocurrencies would require international cooperation. #NEWS
News of increased regulation in China and South Korea have likely caused a short-term market dip across cryptocurrency
South Korean crypto traders to face fines for anonymous trading, gov’t clarifies position on trading ban rumors #NEWS
South Korean authorities have reportedly said that cryptocurrency investors must attach their IDs to anonymous virtual accounts or face penalties.
This week in bitcoin was all about Korea, although every week in bitcoin is all about Korea. Markets dropping? Blame Korea. Markets soaring? Credit Korea. Zero fee trading sends a pointless altcoin pumping? You bet it comes from Korea. While real news, fake news, and news whose legitimacy is a matter of dispute emanated from […]
2018 continues to be kicking off on the wrong foot for Bitcoin as another poor week draws to a close. Regulatory pressure seems to have finally caught up with the rocketing asset #ANALYSIS