South Korea Finance Minister Says No Bitcoin and Cryptocurrency Ban

South Korea Finance Minister Says No Bitcoin and Cryptocurrency Ban

Although it has been made clear by the South Korean government on several occasions that a ban on bitcoin and cryptocurrency trading will not be imposed, parts of the market have remained bearish, still concerned about the possibility of a ban in the l…

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Japan’s Biggest Chat App Line Applies For Cryptocurrency Exchange License

Japan’s Biggest Chat App Line Applies For Cryptocurrency Exchange License

Line Corporation, a leading Internet company in Japan and the operator of the country’s biggest messaging app Line, is looking to launch its very own cryptocurrency exchange service and has applied for a license with the Japan’s financial r…

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Major South Korean E-Commerce Firm’s Integration of Cryptocurrencies Will Fuel Adoption

Major South Korean E-Commerce Firm’s Integration of Cryptocurrencies Will Fuel Adoption

WeMakePrice, one of South Korea’s largest e-commerce platforms, will integrate 12 cryptocurrencies including bitcoin, Ethereum, EOS, Ripple, Qtum, and Bitcoin Cash to its existing payment application, to allow its consumers to pay for products using cr…

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Coinbase CEO Praises Ethereum-Based Decentralized Airbnb Project

Coinbase CEO Praises Ethereum-Based Decentralized Airbnb Project

Brian Armstrong, the CEO of Coinbase, praised CryptoCribs, an Ethereum-based Airbnb competitor, who’ve delivered a commercially successful decentralized application without raising funds via an initial coin offering (ICO) model. As Aragon co-foun…

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Prominent VC: Robinhood and TT Integrating Bitcoin is “A Big Deal”

Prominent VC: Robinhood and TT Integrating Bitcoin is “A Big Deal”

Spencer Bogart, a prominent venture capitalist and a partner at Blockchain Capital, stated that the integration of bitcoin from Robinhood and TT is a big deal. This week, Trading Technologies International Inc, better known as TT, has added Coinbase in…

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Russia’s Ministry of Finance Publishes Draft of Cryptocurrency Bill

Russia’s Ministry of Finance Publishes Draft of Cryptocurrency Bill

Russia’s finance ministry has published a draft bill on “Digital Finance Assets” which outlines a framework for the regulation of cryptocurrency, tokens, and ICOs in Russia. If signed into law, the document will legalize cryptocurrencies, making …

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New Blockchain Game Lets You Buy And Sell “Celebs Smart Contracts”

New Blockchain Game Lets You Buy And Sell “Celebs Smart Contracts”

CryptoCelebrities is the latest blockchain-based virtual game surfing on the “cryptocollectible” craze. The new game saw nearly one million dollars worth of ether transacted in the first 24 hours since its launch, according to an email writ…

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South Korea’s Government is Reportedly Planning to Hit Cryptocurrency Exchanges with Tax Bills

South Korea’s Government is Reportedly Planning to Hit Cryptocurrency Exchanges with Tax Bills

South Korea’s government is reportedly hitting the country’s digital currency exchanges with tax demands in a bid to control the market. According to the Yonhap News Agency, South Korean cryptocurrency exchanges will be required to pay 22 percent of co…

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South Korea Cryptocurrency Ban FUD Has Shown Importance of Decentralized Exchanges

South Korea Cryptocurrency Ban FUD Has Shown Importance of Decentralized Exchanges

Recently, the news of a South Korea cryptocurrency trading ban, which was ultimately refuted by the country’s government and the Blue House, the executive office of President Moon Jae-in, caused markets to rapidly decline.  Cryptocurrency investors and…

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Cryptocurrency Exchange Shutdown Unrealistic: South Korean Finance Official

Cryptocurrency Exchange Shutdown Unrealistic: South Korean Finance Official

On January 18th the chairman of South Korea’s Fair Trade Commission Kim Sang-jo stated during a radio show that shutting down cryptocurrency exchanges is not realistic. During the interview, chairman Kim went as far as to say that banning cryptocurrenc…

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