Tuesday, February 18, 2020
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Bithumb May Pour Over $8M Into South Korea’s Regulation-Free Zone

Bithumb, one of the world’s largest cryptocurrency exchanges, could invest more than $8 million into South Korea’s regulatory sandbox. Via its daughter company GCX Alliance, Bithumb has shown intent to put 10 billion won ($8 million) into South Korea’s “regulatory free zone” in Busan, according to reporting from Seoul on

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South Korea’s National Tax Service to Take $70M from Crypto Exchange Bithumb

In a shocking turn of events, South Korea’s National Tax Service (NTS) is planning to withhold tax from Bithumb, the largest crypto exchange in the country, on income from foreign clients.This is the first time that the NTS has moved to withhold tax on income obtained from cryptocurrency transactions. There

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Altcoins Soar, Zuckerberg Turns on Charm, North Korea’s Coin: Hodler’s Digest, Sept. 16–22

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekAltcoins continue explosive bull run while

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South Korea’s CJ Corp Taps Amazon’s Blockchain for Music Copyrights

An IT arm of South Korea’s major conglomerate CJ Corp is using Amazon’s blockchain tech to improve music copyright management.CJ Corp implementing Amazon Managed BlockchainCJ OliveNetworks has implemented Amazon Managed Blockchain in its new digital copyright system for recording and tracking music in broadcast content, local news agency Yonhap

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South Korea’s Kakao Considers Listing Klay Cryptocurrency on Chinese Exchange

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

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South Korea’s Crypto Firms Leave the Country Due to Tough Domestic Regulations

As reported by BusinessKorea, one of South Korea’s leading business news portal, a new trend of South Korean blockchain projects listing their crypto ventures on foreign exchanges has started to increase significantly in magnitude. Overseas exchanges have now started focusing on the Korean won market to attract more blockchain initiatives

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South Korea’s ‘Bit-Island’ Jeju Announces New Blockchain Initiative

South Korea’s “Bit-Island” Jeju announced the Blockchain Hub City Development Research Service on Aug. 13.An island with blockchain ambitionsLocal news outlet JejuDomin reported on Aug. 14 that Jeju announced the Blockchain Hub City Development Research Service on Aug. 13. Furthermore, the author of the report stated that cloud services

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