Tuesday, 14 August, 2018

Ripple, Ethereum and Bitcoin: What is Really Happening in South Korea

Ripple, Ethereum and Bitcoin: What is Really Happening in South Korea Ripple, Ethereum and Bitcoin: What is Really Happening in South Korea
Russell Knight | 17 January, 2018, 06:02

While the South Korean and the Chinese governments are planning to take decisive steps in monitoring and limiting trading in cryptos, the Russian government has drafted a new bill for the legalisation of cryptos trading in authorised platforms.

For example, ripple was down 26 percent, bitcoin cash was down 24 percent, iota was down 27 percent and monero was down 22 percent as of 8:51 a.m. HK/SIN. One is the recent regulatory warnings issued by South Korea. "A government-wide plan will be announced later after sufficient consultation and coordination of opinions", the Office for Government Policy Coordination said in a statement.

"Of course, the cryptocurrency investment rush is a free market trend and can not be fully stopped but the government's role is to suggest predictable legal guidelines upon which investors may make their decisions".

On Thursday, Justice Minister Park Sang-ki even said that the government is working on legislation that includes a complete shutdown of all virtual currency exchanges in the country.

South Korea's unease over cryptocurrency trading follows drastic moves taken by China, which shuttered cryptocurrency exchanges previous year and is now trying to shut operations that produce bitcoin, a process known as mining.

Liverpool chasing star duo as Coutinho replacements
It was his dream as everyone knows and he left Liverpool for only club and it was Barcelona and we have to accept that. But it was clear - that's over now so we made that decision. "We like talking about him, actually.

Traveller arrested for trying to avoid excess baggage
After he gave his statement to police he returned to the airport to get an EasyJet flight he had booked for the next day. A BRITISH Airways passenger claims he was kicked off a flight to England and arrested for wearing too many CLOTHES.

Galaxy S9 retail box spotted online, Seems to be real
According to Forbes , the worldwide models of Samsung Galaxy S9 and S9 Plus were referenced as SM-G950U and SM-G955U respectively. You can also expect Bixby, Samsung's home baked Artificial Intelligence voice assistant to be available on the Galaxy S9 .

In most cases, however, it was simply the vast losses they incurred as a result of extreme volatility of these currencies, Roets said. It will be possible to use their virtual accounts only for withdrawing funds.

In South Korea, shutting down cryptocurrency exchanges is still an option, Finance Minister Kim Dong Yeon said in an interview with TBS radio. "The bottom line is that, although governments need to put in place efficient regulations that prevent investors getting into hard situations, the way such regulations are drafted will largely depend on their view of cryptos as a useful financial innovation rather than a threat".

It comes as South Korea considers a ban on trading in cryptocurrency completely and implementing new regulation on the cryptocurrency market.

KB Kookmin Bank, which does not offer virtual accounts to cryptocurrency exchanges, said it will introduce a real-name system for virtual accounts, but no decision has been made on whether it would offer such accounts to cryptocurrency exchanges.

Recommended

  • Burma leader says probe of mass grave 'positive'

    Burma leader says probe of mass grave 'positive'

    While many Rohingya say they want to go back to Myanmar, most of the more than a dozen who spoke to Reuters said they were scared to do so now.

    Wall Street Stock Recommendations: Frank's International NV (FI), Intel Corporation

    Intel Corporation (INTC ) has been given an average price target of $47.08 from analysts, according to data collected by Finviz. The chip maker reported $1.01 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.80 by $0.21.
    MAN: HOMECOMING Writers In Talks to Direct DC's FLASHPOINT

    MAN: HOMECOMING Writers In Talks to Direct DC's FLASHPOINT

    The minds behind one of Marvel's most successful movies of 2017 are switching sides to helm an upcoming DC Comics film adventure. As it were though, the pair's collaborations together won't extend to behind the camera on Flashpoint .
  • Australian Open 2018 results and bracket: Roger Federer, Simona Halep advance

    Australian Open 2018 results and bracket: Roger Federer, Simona Halep advance

    His response? "They remind me of my name - it's good", the athlete said. "There was no talks about boycott or anything like that". Some things are coming a little slower than I wanted. "It was similar to what I felt like in practice and the week before".
    Nelson Named 17th Church President

    Nelson Named 17th Church President

    Nelson is a 93-year-old former heart surgeon with three decades of experience with the Mormon church's top leadership panel. Prior to full-time Church service, President Eyring was president of Ricks College in Rexburg, Idaho, from 1971 to 1977.
    Ben Roethlisberger won't commit to playing past 2018

    Ben Roethlisberger won't commit to playing past 2018

    Minnesota played in four Super Bowls from 1969 and 1976 without a victory, and the Vikings haven't reached the big game since. Roethlisberger's last rushing attempt came against the Seattle Seahawks in Week 12 of the 2015 season, per NFL Research.
  • More snow showers expected for Joliet, Will County

    More snow showers expected for Joliet, Will County

    A Winter Weather Advisory is in effect for the low possibility of snow , ice, and rain this afternoon and evening. When the forecast looks tough, the weather service advises folks to protect pipes, people, plants and pets.
    Big names make progress at the Australian Open

    Big names make progress at the Australian Open

    Unfortunately this injury has been with me for a while and it escalated a year ago around Roland Garros and Wimbledon. Sloane Stephens, Venus Williams and CoCo Vandeweghe were all eliminated on Monday.
    West Ham willing to listen to offers for Andy Carroll

    West Ham willing to listen to offers for Andy Carroll

    Shrewsbury boss Paul Hurst, meanwhile, expects a much-improved West Ham showing at the London Stadium. Five FA Cup third round replays take place on Tuesday with two Premier League clubs on upset alert.
  • Lookout for Price Target? Kimberly-Clark Corporation (KMB), SunPower Corporation (SPWR)

    Lookout for Price Target? Kimberly-Clark Corporation (KMB), SunPower Corporation (SPWR)

    Also, it has an estimated price-earnings (P/E) multiple of 16.86 and a trailing 12-month price-earnings (P/E) multiple of 24.99. The company reported $1.60 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.54 by $0.06.

    Akamai Technologies, Inc. (AKAM) EPS Estimated At $0.45

    Sandhill Capital Partners Llc decreased Akamai Technologies Inc Com (AKAM) stake by 40.08% reported in 2017Q3 SEC filing. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.
    Trump's Doctor Dismisses Questions About Mental Stability, Stresses 'Excellent' Health

    Trump's Doctor Dismisses Questions About Mental Stability, Stresses 'Excellent' Health

    Mr Trump's cholesterol reading from Friday's exam was borderline high even though he takes a low dose of the statin drug Crestor. Trump received deferments from serving in the Vietnam War, including one that cited bone spurs in his heels in 1968.

Bitcoin, Ethereum and Ripple Are Suffering Massive Plunges Yet Again Bitcoin, Ethereum and Ripple Are Suffering Massive Plunges Yet Again Ether was down by 16 percent, Ripple by 23 percent, Bitcoin Cash by 22 percent, Litecoin by 14 percent at the time of reporting. Now the government is planning to block domestic access to homegrown and offshore platforms that enable centralized trading .

Donald Trump says he is not racist Dick Durbin (D-Ill.) said on Friday that the president not only made the remark, but said " hate-filled things " repeatedly. Many US media outlets reported the comments on Thursday, quoting witnesses or people briefed on the meeting.

Spectacular Fireball Meteor in SE Michigan! Spectacular Fireball Meteor in SE Michigan! In January 2017, the AMS received 145 reports of a fireball seen over seven states and Ontario, Canada. "People from all parts of SE Michigan are reporting a bright flash in the sky and a loud boom".

The Coca-Cola Co (KO) Shares Sold by Reliance Trust Co. of Delaware The Coca-Cola Co (KO) Shares Sold by Reliance Trust Co. of Delaware For the trailing twelve months, this company is paying dividend with the payout ratio of 2.58% to its shareholders. (NYSE:LM). Coca-Cola European Partners PLC, formerly known as Coca-Cola Enterprises Inc., is headquartered in Uxbridge, United Kingdom.

Facebook admits Messenger app is cluttered, vows to clean up Facebook admits Messenger app is cluttered, vows to clean up Maybe you used the phrase "what time" in a message, and a notification popped ... The mobile community has a love/hate relationship with Facebook Messenger .

Closing Comments: The legacy of Dr. Martin Luther King Jr Closing Comments: The legacy of Dr. Martin Luther King Jr Over five years, more than 145,000 meals, 2,100 blankets and 200,000 diapers have been produced and shared with the community. Students at North Carolina Central University are giving back for Martin Luther King's Day of Service at the university.

Former Celtics great Jo Jo White dies at 71 Former Celtics great Jo Jo White dies at 71 He finished his National Basketball Association career with the nearby Kansas City Kings for the 1980-1981 season. Celtics fans are saying goodbye to a legend Tuesday after learning point guard Jo Jo White has passed away.

David Decastro calls out Steelers for 'stupid' comments on Patriots David Decastro calls out Steelers for 'stupid' comments on Patriots Jackson said he'd learned about Bell's Twitter comment from Jaguars Coach Doug Marrone . "We're going to go out there confident". The Patriots got there with a 35-14 victory over the Tennessee Titans on Saturday. "I love the guys here, love the coaches".

A Star Wars Story A Star Wars Story With just over four months until its theatrical release, the details surrounding the plot of Solo: A Star Wars Story are still surprisingly scarce.

January Jones is dating 'Bachelor' Nick Viall January Jones is dating 'Bachelor' Nick Viall He may have not gotten her to participate in a lip sync battle , but it looks like their lips have been in sync ever since. She joked, " You don't know if you like him or if he's a scumbag, but that's why I'm attracted to him, maybe ".

Volunteers take 'day on' to commemorate Martin Luther King Jr Volunteers take 'day on' to commemorate Martin Luther King Jr Some gave sweat, some gave hope, and some gave their lives in the struggle for a better world. King and other activists protested at during The Civil Rights Movement.

Samsung Galaxy S9, Galaxy S9+ battery specs, launch date revealed But China-based smartphone vendors in India, led by Xiaomi, have threatened the company's dominance. Reports are coming that Samsung is all set for the launch of Galaxy On7 Prime launch in India .

Sharapova finds her groove on Melbourne return Sharapova finds her groove on Melbourne return Sharapova was a class above in the opening set as she broke in the first game but Maria produced a spirited display in the second. The Serb, returning from a long break with an elbow injury, plays American Donald Young on Margaret Court Arena.

Pentagon planning two new nuclear weapons Pentagon planning two new nuclear weapons The U.S.is planning to develop two new nuclear weapons, including a "low-yield" warhead, according to a Wall Street Journal report .

Ex-CIA Officer Arrested From New York Airport For Retaining Classified Information Ex-CIA Officer Arrested From New York Airport For Retaining Classified Information There is also no explanation for why Lee is being charged so many years after he was found in possession of classified documents. The FBI agent wrote that Lee and his family left Hong Kong in August 2012 to travel to northern Virginia.