Seoul police raid Bithumb exchange twice in one week
South Korean Police have raided the Bithumb office twice in just one week; this time around, the police seized documents related to a fraud investigation.
South Korean Police have raided the Bithumb office twice in just one week; this time around, the police seized documents related to a fraud investigation.
The Seoul Central District Court ruled that Bithumb exchange and the claimant were both partly responsible for the data breach.
The move signals the original Bitcoin is gradually gaining more acceptance, despite disinformation campaigns from competitor cartels.
BXA token holders are looking to press charges against Bithumb for falsely advertising the token sale, according to local news reports.
Bank of Korea is looking for a firm to partner with on the CBDC’s second phase which involves building the infrastructure.
An analysis of transactions reportedly showed that Coinbit allegedly manipulated up to 99% of its total transaction volume.
The licenses will allow Upbit Thailand to offer services in four categories: digital token exchange, digital token broker, digital currency broker and digital currency exchange.
Seongnam city will issue gift certificates to its residents via the Chak mobile app, and residents will be able to make payments without the need for QR codes.
Kookmin Bank’s move into digital currency custody comes at a time when regulators have progressively taken a positive approach towards the sector.
Authorities are looking into the source of a leak that exposed South Korea government’s digital currency taxation plan.
Bank of Korea is seeking to step up its digitalization efforts with the launch of a new department that will focus on blockchain and artificial intelligence.
The proposal will be voted on September 3, 2020, and is expected to take effect on October 1, 2021—if passed.