Tag: Local

Markets Update: Leading Cryptocurrencies Briefly Break Local Resistance

Markets Update: Leading Cryptocurrencies Briefly Break Local Resistance The cryptocurrency markets have seen significant volatility over the last 24 hours, with BTC rallying by 7% to test resistance at $ 4,200, before violently crashing approximately 10% back below $ 3,800. BCH has posted comparable volatility, currently trading for $ 135 […]

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market An official at South Korea’s sole securities exchange operator, the Korea Exchange, says the bourse is closely eyeing developments from U.S. regulators in regard to crypto ETFs Cointelegraph.com News

Malta’s Regulatory Framework Attracts Crypto Players, but Int’l Watchdogs and Local Opposition Are Skeptical

Malta’s Regulatory Framework Attracts Crypto Players, but Int’l Watchdogs and Local Opposition Are Skeptical After introducing crypto regulation, Malta attracted foreign blockchain companies — but also drew criticism from both global watchdogs and local opposition Cointelegraph.com News

Bank of Korea Report: Crypto Price Gap Between Local, Foreign Exchanges Could Widen Again

Bank of Korea Report: Crypto Price Gap Between Local, Foreign Exchanges Could Widen Again A Bank of Korea official has warned of the possibility of another “kimchi premium,” or the widening in the price gap between crypto listed on domestic and foreign exchanges Cointelegraph.com News

Japanese E-Commerce Major Rakuten to Acquire Local Crypto Exchange Everybody’s Bitcoin

Japanese E-Commerce Major Rakuten to Acquire Local Crypto Exchange Everybody’s Bitcoin Japanese e-commerce giant Rakuten has announced a 265 million yen ($ 2.4 million) deal to acquire domestic crypto exchange Everybody’s Bitcoin Cointelegraph.com News

Bank of Korea Says Crypto Investment Poses ‘Insignificant’ Risk to Local Financial Market

Bank of Korea Says Crypto Investment Poses ‘Insignificant’ Risk to Local Financial Market South Korea’s central bank says crypto poses “insignificant” risks for financial institutions, with domestic banks holding a “not really big” $ 1.79 bln in crypto at the end of 2017 Cointelegraph.com News