Company Placing Bitcoin ATMs All Over South Florida – CBS Miami
MIAMI (CBSMiami) – Bitcoin of America is making a push to expand its operation in South Florida. Its CEO, Sonny Meraban, took his plans to...
Tag : South
Frequent cryptocurrency-related phishing, South Korean regulators tighten crackdown
Strengthening the crackdown on cryptocurrency fraud The Ministry of Science and ICT (MSIT) of South Korea announced on the 9th that it will strengthen its...
South Korean Bitcoin miners can deduct electricity costs from crypto tax filings
Crypto investors involved in cryptocurrency mining may enjoy a significant tax break when the country’s digital currency tax regime commences in 2022. According to a...
South Korea to Impose a 20% Tax on Crypto Mining Activities – Mining Bitcoin News
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required...
South Korean Gov’t Has ‘Invested USD 44.5m in Crypto Firms Since 2017’
Source: Adobe/Henning Marquardt Opposition lawmakers have launched a stinging attack on the South Korean government, accusing it of hypocrisy after it emerged that publicly owned...
South Korean regulators tell banks to open the books on cryptocurrency exchanges
Financial regulators in South Korea have asked banks to provide information on their dealings with cryptocurrency firms, a local outlet reported on Wednesday, as authorities...
Chlorine prices soar in South Florida as nationwide shortage squeezes demand
PORT ST. LUCIE, Fla. — A nationwide chlorine shortage is being felt across South Florida causing consumers to stock up at supply stores. “We remain...
Survey shows South Koreans support crypto tax law
An opinion poll conducted by South Korean television station YTN has shown significant support for the planned cryptocurrency tax regime in the country. According to...
South African Women Lose Money To Crypto Scammer Who Convinced Them Botswana’s Pula Coins Are Bitcoins – Bitcoin Spotlight News
Meanwhile, Lizet adds that before the women realised they were being conned, the scammer would tell them that what they were “doing is what investors...
Bitcoin Daily: South African Exchange ICE3X Closes
Share Tweet Share Share Share Email South African cryptocurrency exchange ICE3X is closing down its operations almost a month after suspending deposits and trading when...
One of South Africa’s oldest cryptocurrency exchanges shuts down
ICE3x, a South African cryptocurrency exchange that has operated since 2013, has announced that it is liquidating the business. ICE3x was one of South Africa’s...
How South Africans lost money in a bitcoin scam on Facebook – The Citizen
TJ Naidoo (not her real name) works in a hospital in the Durban area and, sucked in by the buzz around bitcoin, decided she wanted...
Anatomy of a bitcoin scam that’s hit at least four South Africans
TJ Naidoo (not her real name) works in a hospital in the Durban area and, sucked in by the buzz around bitcoin, decided she wanted...
Ripple and Bitcoin SV-based Startups Get Added onto the South African Regulatory Sandbox to Test Crypto Assets Regulation
The South African Intergovernmental Fintech Working Group (IFWG) regulatory sandbox has added two more crypto startups projects. The two startups will be testing the regulatory...
Ripple ODL Partner Mercury Secures Entry to South Africa’s IFWG Regulatory Sandbox
advertisement South Africa is set to get a major overhaul in its cross-border payments facility. Mercury, Ripple’s partner for on-demand liquidity has secured a place...
South Korea new AML rules for digital currency comes into effect
Senior officials in South Korea have approved measures that will introduce a raft of new anti-money laundering provisions for digital currency companies, after accepting proposed...
ICON (ICX) unaffected by South Korean tax investigation into ICONLOOP, says chairman
The ICON Foundation, creator of the ICON (ICX) project, has issued an official response to the news that South Korean tax authorities are investigating its...
South Korea Imposes 20% Crypto Tax and New Cryptocurrency Regulations
Crypto tax regimes have generally drawn criticism from South Korean crypto enthusiasts who believe the imposed taxes are heavier on cryptocurrency trading when compared with...
South Africa Saw World’s Biggest Crypto Scam Of 2020
As far as cryptocurrency scams go, 2020 wasn’t exactly the biggest stunner ever, bearing in mind that 2019 was actually a bloodbath. In 2020, USD...
South Africa’s MTI was world’s biggest crypto scam in 2020
It’s official: Mirror Trading International (MTI) was the world’s biggest crypto scam of 2020, having roped in US$588-million (R8.6-billion) worth of bitcoin across 470 000 transactions,...
South Africa’s MTI named as the biggest crypto investment scam in the world
Data firm Chainalysis has named Mirror Trading International’s (MTI) scheme as 2020’s biggest investment scam in its latest review of cryptocurrency-related crimes. MTI is being...
South Korean Telecoms Giant KT Posts ‘Sevenfold’ Blockchain Profits
Source: Adobe/JHVEPhoto The coronavirus pandemic has slowed down trade in a huge swathe of industries, but some, such as the telecommunications sector – appear to...
South African watchdog warns against growing digital currency scams
South Africa’s financial services watchdog is warning the public against the rising number of cryptocurrency scams in the country. The warning comes after over 260,000...
South Africa’s Tax Regulator Goes After Crypto Traders
As cryptocurrency is gradually gaining recognition globally, authorities worldwide are putting some restrictive measures in their respective region. Local Media reported last week that the...
South Africa Faces Increase In Crypto-Related Scams
As the crypto industry grows globally, bad actors are using the success to enrich their pockets. One of Africa’s biggest economy, South Africa currently sees...
South African Regulator, FSCA, Wants Tighter Regulation for Trading Cryptocurrencies, Says a Bloomberg Report
Following the widely-publicized expose’ of Mirror Trading International crypto ponzi scheme in South Africa, it looks like the regulator wants tighter control of the industry....
‘Over-Regulation’ May Scupper South Korea’s Fledgling Crypto Sector
Source: Adobe/y fran_kie Critics have accused Seoul of “over-regulation,” claiming that a new South Korean crypto law – which will promulgate in a matter of...
South Korean Carrier SKT Launches Blockchain-powered Certification App
Source: Adobe/pvl The South Korean mobile carrier SK Telecom (SKT) has announced the launch of a blockchain-powered ID and authentication certificates service. According to Gvalley...
Liquidators demand a detailed investigation of a rumored South African Bitcoin plan
High Court’s order of liquidation Lquidators of Mirror Trading International demand an expanded inquiry of the alleged Bitcoin multi-tiered marketing project Herman Buster, one of...
Following Successful Pilot, South Korea’s Jeju Island Launches Blockchain-Based Contact Tracing App to All Visitors
South Korea’s Jeju Island Launches Blockchain-Based Contact Tracing App to All Visitors Following Successful Pilot, South Korea’s Jeju Island Launches Blockchain-Based Contact Tracing App to...
Liquidators seek expanded probe of alleged South African Bitcoin scheme
Less than a month after a Cape Town High Court granted a provisional order of liquidation against Mirror Trading International, the liquidators are seeking expanded...
South Korea’s tourist hotspot launches DLT-based app tracing COVID-19
Jeju Island, a major tourist destination in South Korea, is introducing a government-backed, system for tracking COVID-19 contacts based on blockchain technology. On Jan. 14,...
South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million
Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about...
Order Book Sharing Ban Could Shake South Korean Exchanges to the Core
Source: iStock/TwilightShow New government regulations that will force South Korean crypto exchanges to cease order book sharing with overseas trading platforms could have a seismic...
CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked
In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed....
South African Regulator’s Probe Into Mirror Trading International Unearths Previously Undeclared Losses and Missing Bitcoins
South African financial regulator, the Financial Sector Conduct Authority (FSCA), has filed criminal charges with local law enforcement against Mirror Trading International (MTI), the alleged...
South Korean Province to Create Youth Blockchain Jobs with New Fund
Buddha statues at the Unjusa temple in Hwasun, South Jeolla Province. Source: Adobe/Hannizhong South Korea’s South Jeolla Province has announced plans to spend USD 14m...
A City in South Korea is Expanding Its Blockchain Payment Program
A major satellite city in South Korea, Seongnam, is preparing to expand its existing blockchain-powered payment program by issuing new digital gift certificates. According to...
South Korean’s Silicon Valley Turns to Blockchain-powered Pay
Source: Adobe/weyo Seongnam, a major satellite city on the outskirts of the capital Seoul, South Korea, is set to expand its blockchain-powered payment program with...
South Korean Highways Will Have Blockchain-Powered Toll Payments
KEB Hana Bank, one of the biggest commercial banks in South Korea, reached an agreement with the state-backed highway operator, the Korea Expressway Corporation, to...
South Korea’s Largest Bank Unveils Bitcoin Custody Services | Fintech Zoom
South Korea’s Largest Bank Unveils Bitcoin Custody Services | Fintech Zoom – World Finance
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South Korea’s Largest Bank Unveils Bitcoin Custody Services
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland...
South Korean Beachgoers Can Now Use Bitcoin to Pay for Services
A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for...
Major South Korean Bank Joins the Crypto Custody Business
KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to...
