24 April 2018 | Blockchain techs | Cryptocurrency | Mobile payments | News

SK Telecom, a South Korean wireless telecommunication operator owned by SK Group, nation’s largest industrial conglomerate, announced the introduction of a new blockchain system to enable identity verification for its customers with higher level of reliability and security.

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23 April 2018 | Banking techs | Blockchain techs | Cryptocurrency | News

A regulatory guideline, adopted in December 2017 by anti-money laundering agency of Iran, has been published last week saying that financial institutions in the country are prohibited from dealing with Bitcoin and other cryptocurrency assets.

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20 April 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Authorities in South Korea sentenced two criminals for allegedly defrauding Bitcoin investors leaving them out of pocket for about $20 million. Reports in the media unveil that Incheon District Court in Seoul charged the two Ponzi scheme con-artists and imposed the fines amounting to $15 million and $8 million respectively.

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19 April 2018 | Banking techs | Blockchain techs | Cryptocurrency | News

The U.S. Securities and Exchange Commission held a private meeting in March this year with the prominent cryptocurrency market investors Andreessen Horowitz and Union Square Ventures, according to the report published by the Wall Street Journal. The panel discussion touched the issues of exempting blockchain tokens from the monitoring activity of the regulator.

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18 April 2018 | Analytics | Articles | Blockchain techs | Cryptocurrency

A couple of years ago, the blockchain society was speculating about future of the crypto money and that someday it will become possible to buy real things in exchange for Bitcoin, coffee, for instance. Today, the reality is a little different. With the growth of the Bitcoin rate, transactions fees are getting high as well. This makes it impractical to buy everyday products, including a cup of Starbucks coffee. Originally, Bitcoin was meant to be low-cost, safe and quick for transactions. However, lately, each transaction was made for about $5 on average with slight decrease occurred later that lowered Bitcoin […]

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