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Killer Loops With South Asian Flair Helped Skyblazer Stand Apart
29.3.2021
Welcome to Morning Music, Kotaku’s ongoing hangout for folks who love video games and the cool-ass sounds they make. We haven’t been covering many chiptunes lately, so today let’s start remedying that by checking out a somewhat unknown SNES gem with a sound all its own.Read more
South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’
29.3.2021
South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months.” In the warning, the regulator reminds investors that since...
South Korea Crypto Scammers Targeting People in Their 50s & 60s
27.3.2021
Source: Adobe/jon_chica
“Crypto” fraudsters in South Korea are increasingly preying on citizens in their fifties and sixties, a new report has found, with crypto-flavored multi-level marketing (MLM) schemes now running wild.
Per EDaily, the regulatory Financial Supervisory Service (FSS) says there...
Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges
26.3.2021
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting...
Livepeer Token Surges After Grayscale Investment Announced Creation of Trust to Invest in LPT
25.3.2021
Following the announcement by Grayscale Investments that it will be offering a trust that invests in Livepeer’s LPT, the token surged from just over $6 on March 17, 2021, to an all-time high (ATH) of $32.35 on March 21. LPT’s Four Day Surge The token’s four-day rally briefly...
Sales and Income Rocket at South Korea’s Biggest Crypto Exchanges
25.3.2021
South Korean crypto exchanges are having a bumper 2021, with sales and income figures rising through the roof at the nation’s two largest trading platforms.
Per Herald Kyungjae, recently released data from Vidente, a minority shareholder in the market-leading Bithumb exchange, showed that...
South Korea faces strict crypto regulation and fears of centralization
24.3.2021
The growing cost of compliance in South Korea could push smaller crypto businesses out of the country
Experts say new South Korean crypto rules will create a monopolized market
23.3.2021
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators' new requirements
OKEx Korea crypto exchange to shut down as new reporting laws take effect
23.3.2021
OKEx Korea announced that it's shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday
South Korean Deputy PM Make Crypto ‘Overheating’ Claim as Alt Interest Rises
23.3.2021
In a potentially ominous sign for the South Korean crypto community, the nation’s deputy prime minister Hong Nam-ki has called the crypto market “overheated.”
Politicians speaking out in disapproval of crypto is not uncommon in many regions, but readers with good memories may recall that the last...
Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa
22.3.2021
Blockchain Africa highlights the remaining hurdles that stand in the way of widespread adoption of crypto and blockchain on the continent
South Korean internet giant Naver reportedly joins Bithumb stake race
22.3.2021
Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange
Africa’s solarized digitalization agenda in the time of coronavirus
20.3.2021
The COVID-19 pandemic has highlighted the necessity for the digitalization and sustainable development of African economies
South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
20.3.2021
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges. No Details...
South African Exchange Ice3x Suspends Trading After Noting Discrepancies in Balances of BTC and LTC
18.3.2021
A South African crypto exchange, Ice3x, suspended trading on its platform on March 16 after noting discrepancies in balances of bitcoin and litecoin held on the platform. At the time of writing, the exchange had not revealed the cause of the mismatches in balances or when it expects trading...
South Koreans Warned to Pay Tax on Crypto Held on Foreign Exchanges
18.3.2021
South Korea’s National Tax Service (NTS) is on the warpath – and has crypto firmly in its sights.
Fresh from swooping on over 2,400 individuals it said have sought to conceal their earnings by buying cryptoassets like bitcoin (BTC) and ethereum (ETH) – in some cases seizing crypto and freezing...
Bullish Bitcoin trading in Korea provides tailwinds for Kakao share price
17.3.2021
Analysts in South Korea are predicting a significant share price increase for Kakao amid the current Bitcoin bull market
South Korean Tax Agency Identifies Over 2,400 Evaders Who Used Cryptocurrencies to Bypass Taxation
17.3.2021
South Korean authorities seem to be focusing on strengthening measures to combat tax evasion across the nation. The country’s tax watchdog profiled thousands of evaders that relied on cryptocurrencies to hide assets worth billions of Korean won. Evaders Hid a Total of $32.24 Million in Assets...
South Korean Authorities Liquidate Tax Dodgers’ Crypto Holdings
17.3.2021
South Korea’s tax authorities said they have evidence that 2,416 South Korean people have hidden their income by buying cryptoassets including bitcoin (BTC), ethereum (ETH) and more in efforts to avoid having to pay tax on their earnings – and have moved to seize and liquidate their crypto.
Per...
Report all crypto transactions or face 5-year jail term in South Korea
16.3.2021
Strict reporting rules for crypto businesses in South Korea are set to come into effect with existing firms given six months to comply or face stiff penalties