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...
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,...
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...
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 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...
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...
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...
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....
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...
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...
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...
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...
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...
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,...
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...
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...
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 financial regulator, the Financial Sector Conduct Authority (FSCA), has filed criminal charges with local law enforcement against Mirror Trading International (MTI), the alleged...
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 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...
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...
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...
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...
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...
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...