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Zhuling Chen on cryptocurrency regulation in the East and West

Ripple moves towards decentralisation to bolster security

aelf co-founder Zhuling Chen talks about other approaches to significant cryptocurrency regulation. News of cryptocurrency crackdowns in China, South Korea, India and the USA has rocked the cryptocurrency markets time and again earlier than. News of tightening laws has left cryptocurrency speculators scratching their heads and emptying their wallet, however …

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“Bitcoin Blues” is becoming a real disease in Korea, doctors report

"Bitcoin Blues" is becoming a real disease in Korea, doctors report

South Korea’s unresolved financial issues are getting a new identify in the type of “Bitcoin Blues.” Psychologists in South Korea are reporting a rising spate of sufferers presenting with signs of the “bitcoin blues,” reviews Korea Biomedical Review. It’s been described as a roughly cryptocurrency-related despair, with many that have …

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Why is South Korea so big on cryptocurrency?

Why is South Korea so big on cryptocurrency?

Fertile flooring for virtual belongings, blended with some very bizarre cases, set the desk for crypto. By maximum measures South Korea is the sector’s primary cryptocurrency adopter via an overly massive margin. Despite accounting for approximately 1% of the worldwide well-liked it does 30% of world cryptocurrency buying and selling, …

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No, India is not banning bitcoin and cryptocurrency

No, India is not banning bitcoin and cryptocurrency

Any information, regardless of how delicate, can and will likely be used to expect the apocalypse. OPINION: “The government does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these cryptoassets in financing illegitimate activities or as part of the payment system,” mentioned …

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Korea FTC Chair: Closing cryptocurency exchanges “unrealistic”

Korea FTC Chair: Closing cryptocurency exchanges "unrealistic"

Quick, do not panic. According to Blockchain News Korea, Kim Sang-jo chairman of the South Korean Fair Trade Commission (FTC) commented throughout a radio interview that an outright ban on South Korean cryptocurrency exchanges used to be merely now not going to occur. The chairman’s feedback put paid to rumours …

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South Korea vs China cryptocurrency crash: How does this examine?

All-time low: Bitcoin market share halves in just 30 days

The South Korean Justice Ministry’s information that it is thinking about banning cryptocurrency buying and selling noticed US$100 billion fall off the crypto marketplace. In only a few hours, all of the crypto marketplace went into loose fall, with over US$100 billion wiped off its marketplace cap, whilst key currencies …

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Bitcoin and altcoin markets plummeting: only 6 major coins are in the green

Bitcoin and altcoin markets plummeting: only 6 major coins are in the green

The cryptocurrency marketplace is down US$70 billion following information that South Korea is also banning cryptocurrency buying and selling. Only 6 coins in the most sensible 100 marketplace cap are in the green over the ultimate 24 hours after information broke that the South Korean executive is placing ahead a …

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