Archive

Tag: South Korea

BITHUMB STOPS OPERATIONS IN 11 COUNTRIES

BITHUMB STOPS OPERATIONS IN 11 COUNTRIES The South Korean crypto exchange Bithumb ceased operations in 11 countries, including North Korea, Iran, and Iraq, suspecting possible money laundering among users. The crypto exchange reported on further compliance with global standards for…

ESTABLISHING BEST PRACTICE WORLDWIDE

South Korea‘s crypto-exchange Bithumb and the service of the mobile payment system Korea Pay will work together. The exchange Bithumb has expanded its list of support services and own consulting services. Together with the company Korea Pay’s Service which has…

TOURIST BOOM IN SOUTH KOREA

You can book a room with cryptocurrency, and pay bills for tourist services using applications. The major crypto-exchange of South Korea Bithumb has teamed up with Seoul-based Innovation Corp. Thanks to this partnership, more than 50 000 hotels, motels, inns,…

BLOCKCHAIN CHANGES THE WORLD

The development of blockchain technology can change the world because the blockchain already becomes a key infrastructure in the forthcoming fourth industrial revolution. This is the opinion of South Korean Finance Minister Kim Dong-yeon. The minister does not make such…

WHY PEOPLE NEED BITCOIN

Why do you need bitcoin, if there is no problem that it was going to solve, — says the former chief economist of the World Bank and Nobel Laureate in Economics Joseph Stiglitz. The only characteristic that bitcoin users interest…