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Bank of Korea completes first phase of digital currency pilot
24.1.2022
The second phase of the CBDC mock testing is expected to complete by June this year
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
South Korean Presidential Candidates Pledge Lower Taxes for Crypto Traders, End to ICO Ban
19.1.2022
The new year is off to a flying start for South Korea’s crypto community – who will likely have plenty to celebrate after March’s presidential elections....
Read More: South Korean Presidential Candidates Pledge Lower Taxes for Crypto Traders, End to ICO Ban
Both Main South Korean Presidential Candidates Now Set to Unveil Pro-Crypto Manifestos
19.1.2022
Crypto is set to become a key political battleground in South Korea, where both of the leading candidates in March’s presidential elections are set to showcase a number of crypto-related policies. And although politicians’ manifestos promises are not always adhered to the letter in any part...
South Korean Crypto Exchanges Face AML Probes as Regulators Test Compliance
18.1.2022
South Korean regulators are set to probe the nation’s four biggest crypto exchanges to test their anti-money laundering (AML) capabilities.
The exchanges – Korbit, Upbit, Coinone, and Bithumb – are the only trading platforms that operate fiat KRW markets and received their operating permits...
Monkeys Figure Out How To Play Crane Games
17.1.2022
A crane game filled with raisins was left in the monkey pen at Japanese zoo Nagasaki Bio Park to see if the animals could figure out how to use the redemption game to get snacks. Read more
Survey: Proportion of South African Crypto Holders Grows to 11.3%, 56% of Crypto Owners Hold Bitcoin
16.1.2022
The number of surveyed South Africans that own crypto grew marginally from 10.3% in October 2021, to 11.3% in December 2021. With this rate of ownership, South Africa is now ranked number 21 out of the 27 countries whose internet users participated in the survey. South African Ownership Rate Below...
MTI Mastermind Arrest: Lawyer Points to Agreement Relating to Johann Steynberg’s Extradition to South Africa
16.1.2022
With Johann Steynberg now in custody in Brazil, a lawyer has suggested that South Africa may have to resort to an existing legal assistance agreement with Brazil if it wishes to have the CEO extradited. However, the success of any such extradition will depend on the next steps taken by authorities...
2021: A year of mass adoption for cryptocurrencies in Brazil
15.1.2022
2021 was a year of affirmation for the Brazilian crypto market with good news in the national stock market, the promise of a CBDC and Brazilian soccer joining the game
Uruguay reportedly installs its first Bitcoin ATM
15.1.2022
Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region
ICON commits $200M to interoperability incentive fund
14.1.2022
The South Korean blockchain hopes to fund its interoperability technology to create new cross-chain applications
Prosecutors Want to Put ‘Bogus’ Crypto Exchange Chiefs Behind Bars for Life in Legal First
14.1.2022
The seven alleged ringleaders behind VGlobal, a suspected high-profile South Korean scam crypto exchange that allegedly sucked in some 52,419 investors in South Korea to the tune of USD 2bn, could be handed life sentences, marking a new legal first for fraudsters operating in the sector....
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Political Boost May Be on the Horizon for South Korean Metaverse, P2E, NFT Champions
11.1.2022
South Korean metaverse and crypto gaming projects could get a massive boost in the weeks ahead – if the results of the next general election go their way, and provided politicians make good on their promises....
Read More: Political Boost May Be on the Horizon for South Korean Metaverse,...
Chystá se další hra podle seriálu South Park
10.1.2022
SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme
9.1.2022
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection...
Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors
8.1.2022
A group of investors in Africrypt are reportedly pushing to have criminal charges pressed against directors of the now-defunct cryptocurrency investment platform. Opponents of the move have argued that this push is unlikely to succeed because many of the investors have already been reimbursed part...
Major South Korean Securities Firms, Investors Warming to Crypto
8.1.2022
South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may be casting an eye on the markets....
Read More: Major South Korean Securities...
These School Children to Take Crypto-related Lessons
7.1.2022
South Korean children in one of the nation’s biggest provinces will learn about crypto from this spring after the local education authority announced a willingness to incorporate more “real-world” financial education in its curriculum....
Read More: These School Children to Take Crypto-related...
Upbit Crypto Exchange Traders to Face Fiat Services Disruptions over Lunar New Year Period
6.1.2022
Customers of South Korea’s market-leading crypto exchange Upbit will be affected by a possible three-day outage over the Lunar New Year period as its banking partner K-Bank relocates its operations to a new headquarters....
Read More: Upbit Crypto Exchange Traders to Face Fiat Services...
‘Scam’ Crypto Exchange Victims Demand Execs Face ‘Maximum’ Punishment
4.1.2022
Victims of the alleged V Global crypto exchange scam have demanded “maximum sentences” for executives of the trading platform ahead of their trials.
Fourteen executives, including the V Global CEO, are set to stand trial at a branch of the Suwon District Court next month, although...