Cryptocurrency Analysis and News Portal
The renowned internet company Kakao, known as one of the largest conglomerates in South Korea, is looking to list its cryptocurrency Klay on one of China’s exchanges and add it to its impressive list of products in the financial sector.The conglomerate, which already has an admirable reputation in the financial
Read More
South Korean internet giant Kakao is reportedly planning to list its cryptocurrency Klay on a Chinese crypto exchange and one local exchange.Kakao might have trouble listing Klay in KoreaAccording to a report by local news daily News1 Korea on Aug. 31, Kakao’s blockchain arm Ground X is in talks
Read More
EOS scored an awareness boost after being featured on Chinese television, but critics warn China has become a systemic risk to the cryptocurrency. | Source: Shutterstock EOS received a major boost in awareness this week thanks to a Chinese television show that featured a popular blockchain RPG called Crypto Sword &
Read More
Ever since Bitcoin and other cryptocurrencies became far more mainstream following the remarkable rally in 2017, there has been a lot of talk about large institutions getting into this space. For instance, banking giant JP Morgan came up with its own digital coin last year. However, in 2019, a bigger
Read More
Ever since cryptocurrencies first captured the global consciousness a few years ago, several institutions from around the world have expressed their willingness to issue crypto tokens of their own and the most recent one is the Chinese central bank. A few weeks ago, it emerged that People’s Bank of China was
Read More
Three Chinese nationalists have been charged under the Foreign Narcotics Kingpin Designation Act (Kingpin Act) by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Treasury’s Financial Crimes Enforcement Network (FinCEN). The accused were using cryptocurrencies for money laundering.According to the allegations, the three manufactured and
Read More
According to a press release dated August 21, 2019, the U.S. Treasury Department has blacklisted three Chinese citizens and one Chinese Entity for allegedly leading an online-based drug trafficking organization that was smuggling opioids inside the US. Criminals have been blacklisted and personal data have been disclosed including several bitcoin
Read More