trading platform

Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone

</header> <strong>South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will discuss the preliminary plans with the Financial Services Commission (FSC) this month.</strong> Also read: …

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South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb

</header> <strong>The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. </strong> Also read: Poles Hit With Backdated Tax on Crypto Trades …

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4 Beijing Regulators Issue New Crypto Activity Warning

</header> <strong>Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion.</strong> Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved …

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Banking Platform Cashaa Sees Indian Trading Volume Soar, Adding 5 More Cryptocurrencies

</header> <strong>Banking services platform Cashaa has seen significant growth in crypto trading volume in India since it began offering INR deposits and withdrawals. The platform has cut its fees by more than 50% and is getting ready to add five more cryptocurrencies for users in India, Cashaa has shared with news.Bitcoin.com.</strong> Also read: Regulatory Roundup …

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Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia

</header> <strong>Germany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several years.</strong> Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY …

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Poloniex Restores Unverified Accounts With Unlimited Trading

</header> <strong>In times of mounting pressure on crypto companies to comply with expanding due diligence</strong><strong> requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy access to unlimited trading and deposits. </strong> Also read: …

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Boerse Stuttgart’s Crypto Exchange Live for All Traders in Germany

</header> <strong>Germany’s second-largest stock exchange, Boerse Stuttgart, has opened up its cryptocurrency trading platform to all interested traders in the country. This move follows the passing of a bill allowing banks in Germany to sell and hold cryptocurrencies for their clients starting next year.</strong> Also read: Regulatory Roundup — Germany to Let Banks Sell and …

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Kuverit Launches Multi Trader Marketplace

<header class=”article__header”> </header> <small><i>This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.</i></small> To what was considered as the “dot-com bubble” in the year 2000, Blockchain technology has …

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Crypto Banking Expands With Positive Interest Rates and New Services

</header> <strong>Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks there have started passing the burden …

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