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Nalezeno "South": 3321

Chinese Payments Giant UnionPay to Support Crypto Payments With New Virtual Card

4.11.2020
The world's biggest credit and debit card company will support payments with a South Korea-developed cryptocurrency for an upcoming virtual card offering

China's UnionPay and Korea's Danal to launch crypto-supporting digital card

4.11.2020
The new card will support crypto payments using Paycoin at over 30 million UnionPay merchants

‘Arbitrary’ Ruling May ‘Force South Korean Crypto Exchanges to Close’

4.11.2020
South Korean crypto-related firms said they are concerned that banks are being given too much power by the country’s financial regulators. In the latest regulatory rulings unveiled this week, regulators stated that banks would be obliged to decide whether or not they want to do business with crypto...

South Korean financial watchdog to ban privacy coins

3.11.2020
Virtual asset service providers in the country will not be allowed to handle “dark coins.”

South Korean Doctor Says Blockchain ‘Must Be Used’ to Fight Crisis

3.11.2020
A South Korean doctor said that it is an “inevitability” that medics in the country will turn to blockchain and other industry 4.0 technology advances in the wake of a flu vaccine error that has killed at least 59 people. Kim Mi-ri, an ear, nose and throat specialist who works in Seoul’s busy...

South Korean Regulator Bans Privacy Coin Trading, Beefs up Crypto AML

2.11.2020
South Korea’s financial regulator is flexing its muscles with a series of new amendments to forthcoming crypto regulations – with new anti-money laundering (AML) provisos and a ban on privacy coin trading. On Monday, Per Fn News and ZDNet Korea, as well as Paxnet, the regulatory Financial Services...

Remittance Costs Lower in Q3 World Bank Study Shows – Only Cryptocurrencies Meeting UN Goal

30.10.2020
The latest study by the World Bank shows that it costs 4.98% on average to remit funds to South Asia which makes it the least expensive region while sub-Sahara Africa is the most expensive with an average cost of 8.47%. The quarterly study also finds that it is costlier to remit funds when using...

MoAfrika – Africa’s Biggest Online Tour Operator now Accepts Bitcoin

30.10.2020
PRESS RELEASE. With relaxed restrictions on lockdown measures in numerous countries around the world, Africa has opened her doors to tourists on both national and international levels yet again – albeit with strict health regulations to ensure the safety of all personnel and visitors....

Leading South Korean Hospital Group Readies Blockchain Move

30.10.2020
South Korean hospitals could be set to usher in a new era of industry 4.0-era healthcare, and will look to use blockchain technology to upgrade the quality of the medical care they provide. Taking the lead is one of the country’s most prestigious hospital groups, Yonsei Medical Center, whose Vice...

South Korean, Mongolian Banks Prepare Crypto, Digital Fiat Offerings

29.10.2020
The Genghis Khan Equestrian Statue in Ulaanbaatar, Mongolia. Asian banks are edging yet closer to crypto and digital currency adoption – with South Korean and Mongolian banks unveiling ambitious new developments in the wake of reports of the launch of Singaporean giant DBS’ forthcoming digital...

Bitfarms Signs a Deal That Cuts Bitcoin Mining Power Costs in Half

27.10.2020
Blockchain infrastructure company Bitfarms said it has signed a beneficial mining deal in South America, with a lower power cost that they said 'revives' older mining machines and cuts the electricity costs in half. Bitfarms, which provides computing power to cryptocurrency networks such...

South African Regulator Raids Home of Key Members of an Alleged Crypto Ponzi Scheme

27.10.2020
A South African regulator along with the country’s police have reportedly seized electronics devices and computers belonging to two principal members of Mirror Trading International (MTI), an alleged bitcoin Ponzi scheme. The raid at Clynton and Cheri Marks’ home on October 26...

South Korean gov't doesn't know who will protect crypto exchanges from Kim Jong-Un’s hackers

23.10.2020
Can anyone hold North Korea responsible for its attacks on the crypto industry?

Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence

23.10.2020
The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization and money laundering. Fuentes, who has been in hiding since September, was arrested at one of his properties in the south of Tenerife....

Crypto-related Shares Surge in South Korea, Canada on PayPal News

22.10.2020
The ripple effects of PayPal finally getting on board the crypto gravy train yesterday – enabling bitcoin (BTC), ethereum (ETH) and other altcoin purchases in the USA – are being felt all over the world. In South Korea, firms with relationships with crypto companies have seen their share prices...

South Korean telecom launches blockchain wallet for official documents

22.10.2020
South Korea's SK Telecom is issuing a blockchain solution for the storage and management of government certificates

EY, Samsung SDS & Naver-Line Consortium Bids to Test South Korean CBDC

22.10.2020
There has been mixed news for the central Bank of Korea (BOK) as it prepares to launch its first pilot for the digital won. The bank is still yet to make an official decision on whether it will actually launch the central bank digital currency (CBDC) or not, but recently claimed that it would...