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Historical Korean Peace Treaty Now Immutable on Blockchain

Historical Korean Peace Treaty Now Immutable on Blockchain

When Korea leaders, North Korea’s Kim Jong-un and South Korea’s Moon Jae-in, met at the border between the two nations on 27 April, the historical event was recorded for posterity on the Ethereum blockchain. According to a CoinDesk Korea report, Ryu Gi-hyeok, a 27-year-old South Korean game developer, captured the momentous occasion when the two leaders declared before 80 million …

National Regulations Main Factor When Choosing Crypto Exchange Says Morgan Stanley

A Team of Morgan Stanley researchers, led by analyst Sheena Shah, after conducting a study of cryptocurrency exchange distribution, have concluded that local crypto businesses regulations are one of the main factors that exchanges take into account when selecting where to register. In terms of popularity Malta, with its well defined regulatory framework, has become a crypto-hub, now accounting for …

Philippines “Silicon Valley” OKs First Crypto and Blockchain Businesses

Cagayan Economic Zone

It has been announced that the Cagayan Economic Zone in the Philippines is about to grant licenses to 10 cryptocurrency and blockchain exchanges so that they can conduct business there. The exchanges, from Japan, Hong Kong, Malaysia, and South Korea, according to CEZA chief Raul Lambino, “…can go into cryptocurrency mining, initial coin offerings, or they can go into exchange.” …

Asia and Australia: Crypto and Blockchain News Roundup, 6th to 13th April 2018

Asia and Australia: Crypto and Blockchain News Roundup, 6th to 13th April 2018

Asia and Australia Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Japan Japanese cryptocurrency traders exceed 3 million: Japan is one of the most crypto-friendly countries out there with more than 3 million Japanese trading in cryptocurrency according to …

South Korean Financial Watchdog to Investigate Banks Under New Crypto Rules

South Korean Financial Watchdog to Investigate Banks Under New Crypto Rules

The South Korean Financial Services Commission (FSC) will inspect three of its banks to see if they are conforming to new anti-anonymity regulations. In January, the financial watchdog announced that cryptocurrency investors in South Korea would have to use their real-name bank accounts in order to be able to deposit funds. The new regulation intended to remove multiple trading accounts on …

Crypto Exchange Execs Arrested In South Korean Raids

It was revealed on Thursday that four executives from two cryptocurrency exchanges are being questioned by South Korean police over alleged embezzlement. The detentions of Kim Ik-hwan, CEO of Coinnest, and the other executives, whose names have not been published, is part of a crackdown on cryptocurrency fraud over the past few months. This arrest of Kim follows another raid …

Seoul Mayor Pushes Ahead With Blockchain

Seoul Mayor, Park Won-Soon, has announced plans to continue to develop the use of blockchain technology in the South Korean capital. This renewal of interest in the technology comes after South Korea’s official announcement earlier this year that there would be no ban on cryptocurrency in the East Asian country. The original declaration by the South Korean ministry of justice …

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