During the company's quarterly business performance conference, KakaoBank's CEO Yun Ho-young revealed that the bank is currently reviewing a partnership with a local digital currency exchange. [...] Read More... The post South Korea’s KakaoBank considers partnerships with digital currency exchanges appeared first on CoinGeek.
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The Independent Electricity Market Operator of the Philippines is working on a futures offering for the country’s Wholesale Electricity Spot Market (WESM) which it has been operating since 2018. [...] Read More... The post Philippines: Electricity market operator explores blockchain tech for P2P energy trading appeared first…
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In its report, Moneyval acknowledged that the emerging virtual assets sector and the increasing use of digital currencies is becoming a significant challenge to combat money laundering. [...] Read More... The post Council of Europe wants members to crack down on digital asset money laundering appeared first…
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Ratings agency Weiss Ratings has issued a warning against mortgages backed by BTC and ETH, noting these offerings look a lot like the lead-up to a 2008-like financial crisis. [...] Read More... The post Weiss Ratings issues warning against BTC-backed mortgages appeared first on CoinGeek.
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The central bank said that digital currencies aren’t regulated, and it hasn’t licensed any firm to offer related services while reminding the public of Bitcoin’s risks. [...] Read More... The post Uganda central bank issues warning against digital currencies appeared first on CoinGeek.
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In an opinion piece published in the Hill, Mairead McGuiness shared that digital assets offer many opportunities for innovation but still pose significant risks, especially if not regulated properly. [...] Read More... The post EU commissioner calls for global collaboration in digital assets regulation appeared first on…
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According to a recently published ministerial order, all miners will have to submit their business registration data, along with information about all their employees who must be legal residents of Kazakhstan. [...] Read More... The post Kazakhstan wants status reports, full disclosures from block reward miners appeared…
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Newly-elected president Yoon Suk-yeol announced that his government would push back the tax scheduled for 2023 in favor of consumer protections. [...] Read More... The post No taxes before proper regulation: South Korea president pushes back 20% digital currency tax appeared first on CoinGeek.
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The European Commission pointed out that the same regulatory approach used for traditional finance won’t work for DeFi as it hailed the benefits of DeFi. [...] Read More... The post EU Commission calls for unique DeFi regulatory approach in new report appeared first on CoinGeek.
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Coinbase can't simply dismiss or ignore Dr. Craig Wright’s claim, that they'll have to acknowledge the suit and inform their investors about the potential risks, Joshua Henslee noted in his latest video. [...] Read More... The post Joshua Henslee on Craig Wright suing Coinbase and Kraken: ‘From…
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