Bithumb, Cryptocurrency exchange of South Korea is now planning to issue its own token called, ‘Bithumb Coin’. Recently we could see that Binance a Crypto exchange also did the same earlier this year and released their own token ‘Binance Coin’. Is Bithumb following the same strategy? According to TokenPost, Bithumb...
The Korean Blockchain Association is planning for self-regulation of cryptocurrency exchanges in the country. They also conducted a survey on 33 exchanges operating in South Korea. In that 23 Cryptocurrency Exchanges have agreed to self-regulate and other 10 exchanges have refused for self-regulation. According to bitcoin.com the exchanges which...
South Korea cryptocurrency buying and selling are presently tax-free based from reports of South Korean media “Monday Today” said that a 41-year-old lawyer from South Korea mentioned, “last year his investment earnings was nearly 30 million through Bitcoin and Ether, but did not pay a penny tax.” The report reiterated:...
South Korea’s largest cryptocurrency exchange Bithumb introduces a cryptocurrency payment option to an unmanned order and payment system set up in restaurants and cafes in partnership with kiosks makers. Bithumb announced that it will introduce the “Touch B” brand and enter the kiosk business. Yonhap publications described: Bithumb has...
