South Korea's strict laws on crypto exchanges come into force

July 20, 2024
The Last Cryptocurency
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Cointelegraph Feed

The new regulations issued by South Korea’s watchdog to protect user assets on crypto exchanges went into effect on July 19.

Proof of reserves (PoR) has gone from a buzzword to a roar in recent weeks as the crypto world tries to recover from the shock and losses of the current crypto winter. After a flurry of discussion and work, criteria and rankings for adequate PoR are beginning to appear, but the fine points of how…

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Speaking to Cointelegraph, Pertsev’s lawyer explained how bail will help Pertsev in his efforts to coordinate a defense.

Mike Novogratz has 50% of net worth in crypto, advocates up to 5% for investors

“I think a new investor could put 5% into Bitcoin. Bitcoin’s not going back to zero.” 1617 Total views 9 Total shares Galaxy Digital founder and CEO Mike Novogratz is encouraging investors to devote a larger percentage of their portfolios to crypto.In an interview with CNN’s Julia Chatterley today, Novogratz said he had “changed his…

Latinx communities continue to rise above Bitcoin adoption obstacles

Digital assets have recently become more and more prevalent in our daily lives — in the news, popular culture and our personal interactions. In the first quarter of 2021, the number of global daily Bitcoin (BTC) transactions hit 367,536. Bitcoin alone now accounts for around $20 billion of daily online transactions. Not only this, but…

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Russian Social Media Giant VK Eyes Launching its Own Crypto: Report

The most popular social media platform in Russia, VKontakte (VK), is considering developing its own cryptocurrency, local news outlet RNS reported on March 28.Per the report, an unspecified person familiar with the company’s plans told the outlet that the project involves the creation of individual cryptocurrency accounts for all the users of the platform. Still,…

The view from Paris Blockchain Week 2023: Web3 builds while the city burns

Paris Blockchain Week celebrated its fourth edition in spring 2023 against a backdrop of riots, protests and general civil malaise. The builders in the Bitcoin (BTC), crypto, and Web3 spaces were unfazed by protesters chanting and dancing on the doorstep of the conference venue. The event took place against the backdrop of ongoing protests in Paris…

Bitcoin Price Slips Below $7.4K to 2020 Lows After Trump Europe Ban

Bitcoin (BTC) fell to around its lowest levels this year on March 12 as another wave of coronavirus panic gripped both cryptocurrency and traditional markets.Cryptocurrency market daily overview. Source: Coin360BTC price sheds another 7%Data from Coin360 and Cointelegraph Markets showed BTC/USD sliding under $7,400 on Tuesday. The last time such levels were seen was on…

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