Tag: South Korea

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Survey: 40 Percent of Young South Korean Adults Are Willing to Invest in Cryptocurrencies

A new survey has found that 40 percent of young adults in South Korea are willing to invest in cryptocurrencies, highlighting the frenzy the...

Fundstrat Analyst Says the Cost of Mining Bitcoin is No Longer Profitable

Some estimates are suggesting that it's no longer profitable for miners to produce bitcoin, with March earnings half those of December's. In a report from...

South Korea Investigates Three Cryptocurrency Exchanges for Embezzlement

South Korean prosecutors are investigation three cryptocurrency exchanges after it was alleged that they used money stolen from customers' accounts to buy bitcoin. In a...

South Korean FSC Cracks Down on Three Local Exchanges

South Korea is a very important region when it comes to cryptocurrency. The government is keeping a very close eye on this industry, though...

South Korea is Preparing Plan to Allow ICOs for Domestic Traders

South Korea is reportedly putting a plan together that will permit initial coin offerings (ICOs) for domestic traders, despite initial reservations with the market. The...

Bithumb Looks to Enter the Bitcoin ATM Market

Cryptocurrency is still pretty big in the country of South Korea. More specifically, the region is home to quite a few big cryptocurrency exchanges....

Study: South Korea is the Most Expensive Country for Bitcoin Mining

A new study has found that the cost of bitcoin mining has become a lot more expensive to mine in some countries compared to...

South Korean Businesses Accept Ethereum from Olympic Guests

Cryptocurrency holders at the PyeongChang Winter Olympics can now use ethereum at seven locations in South Korea instead of won. According to a report from the...

Police Investigate the Death of South Korean Cryptocurrency Official Found Dead At His Home

A South Korean official who was drawing up measures against the cryptocurrency market has been found dead at his home, according to reports. Jung Ki-joon,...

S&P Global: Bitcoin Is Unlikely to be a Destructive Force in the Finance Sector…For Now

A market intelligence group has said that cryptocurrencies such as bitcoin are a long way off from being a destructive force in the financial...

South Korea Stands Firm on Stamping Out Illegal Cryptocurrency Trading

South Korea's government is remaining firm on eradicating illegal acts in cryptocurrency trading while stating that it will be actively pursuing the blockchain. In a...

Singapore’s Deputy Prime Minister: ‘No Strong Case to Ban Cryptocurrency Trading’

Singapore's deputy prime minister has said that there is 'no strong case to ban cryptocurrency trading' as they don't pose a risk to the...