Tag: South Korea
ICON: A New “Icon” In Smart Contracts, Or a Project Lost In Translation?
A $4 billion Korean blockchain conglomerate has released their own cryptocurrency, and they are calling it ICON. ICON has its sights set firmly on Ethereum and some are even calling it Korea’s answer to both Ethereum and Neo. Since the...
South Korean Finance Minister Confirms no Crypto Ban
It has been the cause of much consternation in the cryptocurrency markets over the past week. News that South Korea may be banning cryptocurrency exchanges have driven the price of all cryptocoins to monthly lows. However, it seems as if...
Soldiers in South Korea Restricted from Purchasing Bitcoin
There are many threats that South Korean soldiers have to deal with in today’s day and age. With a nuclear armed North Korea, they are constantly on the front line of danger. Now it seems there is something else that...
S. Korea Threatens Ban on Exchanges, Asset Prices Tank in Response
In many instances, trends that occur in Asian nations like Japan and South Korea have been harbingers for what is to come in the West. For better, or worse. The rapid adoption and near feverish demand for cryptocurrency in South...
South Koreans Are Going Cryptocurrency Crazy
Much has been discussed about how cryptocurrency mania has taken over the mainstream population. There are stories of wide ranges of people suddenly investing in the markets. However, there is one country where this is particular substantial, South Korea. This...
Panic as S. Korean Crypto Exchange Hacked, Files for Bankrupty
For a variety of reasons, South Korea has rapidly become a center of attention in the cryptocurrency ecosystem. That dynamic was on full display today, December 19th, as the markets reacted to the S. Korean Youbit exchange’s bankruptcy filing on...
Ripple (XRP) Rockets Upwards After Series of Bullish Developments
Some hate Ripple (XRP), some love it. But there’s no denying the Ripple project has been at the center of some great adoption developments as of late. The team’s been keeping their heads down, consolidating collaborations, and essentially doing all...
South Korea Bitcoin Trading Ban: Just Rumors, Or Something More?
Ever since China banned Initial Coin Offerings (ICOs) and cryptocurrency exchanges a few weeks ago, crypto investors the world over have been a bit paranoid. We’re all wondering: could the next black-swan regulatory ban drop at any moment? And if...
Why Responsible ICO Regulations Are Welcome
There has been a great deal of unease surrounding Initial Coin Offerings (ICOs) in recent weeks and much of it is amply justified. When China moved to ban them outright back in early September many saw the move as typically...
South Korea Announces Ban on all ICOs
South Korea is now the next Asian country that has decided to outlaw Initial Coin Offerings (ICOs). This follows from the move by China to do the same earlier this month and raises many questions about what the ban will...