South Korea Takes Steps To Regulate Digital Currencies
South Korea’s top financial regulators have jointly announced their plans to deal with digital currencies such as bitcoin and ether. Specific measures were outlined such as requiring banks to perform due diligence on bitcoin exchanges and strengthening user verification procedures. Also read: South Korea Legalizes Bitcoin International Transfers, Challenging Traditional Banks Attempt to Regulate Digital […]
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The Atlantic has reported that Venezuelan bitcoin mining continues despite government efforts to crack down on miners. Venezuela has long suffered from extreme hyperinflation, inspiring many Venezuelans to mine cryptocurrency to supplement their incomes. Also Read: Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued Bitcoin Mining Is Gaining Popularity in Venezuela in Part Due […]
