States Continue to Explore issuing National Cryptocurrencies With Mixed Results

As cryptocurrency adoption and blockchain development grows, states across the globe continue to explore the idea of issuing 'national cryptocurrencies.' This concept is fiercely debated, with various nations taking different approaches to the subject. The results are an emerging patchwork of various policies and projects, which serves to demonstrate the tremendous challenge central banks are…

November 12, 20180Comments

ByTrevor Smith

Markets

South Korea Enacts Rules Regulating Cryptocurrency

The South Korean government has announced a number of new restrictions on cryptocurrency trading amid a surge of crypto popularity by the South Korean public. The government claims these rules are designed to control fraud and to protect the public from losses incurred from wild price fluctuations. Bitcoin prices fell 11 percent after the announcement,…

December 31, 20170Comments

ByTrevor Smith

News

Korea Bans ICO: Another Case Like China?

On September 29th, South Korea's Financial Services (FSC) announced a ban on all forms of initial coin offerings regardless of the technology or terminology employed. The FSC reasons that ICOs are too speculative and volatile and wants to protect investors from scams and market manipulation. Furthermore, the FSC will continue to discuss regulations regarding established…

October 3, 20170Comments

ByJohn Benner

Bitcoin Featured

Korea’s Central Bank Thinking About Creating A “Supernode”

The Korea's Central Bank just published a report where they express their concerns about privacy questions at the moment where they are about to adopt the distributed ledger technology. But this report entitled "Present Status and Key Issues of Distributed Ledger Technology" goes even further. The authors of the report - the blockchain firm Coinplug,…

January 6, 20170Comments

ByKewl