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Tag: FSC
Taiwanese Government Amends Cryptocurrency Laws for Privacy-Focussed Transactions
Category: Altcoins, Bitcoin, Finance, News, Regulation, Tech
The Taiwanese Government recently amended their anti-money laundering and Countering Finance Terrorism (AML/CFT) laws concerning cryptocurrency regulations. According to an Asia Times article published on November 5, 2018, these revisions and changes will give Taiwan’s Financial Supervisory Commission (FSC), the ability to crack down on any anonymous cryptocurrency transactions. The Legislative Yuan Passes Cryptocurrency Laws On Friday, November 2, 2018,…
South Korea: “Kimchi Premium” Causes Digital Assets to Trade at 600 Percent Premium
Category: Altcoins, Bitcoin, Exchange, News
Throughout this week, many tokens including 0x (ZRX), Ethos (BQX), ICON (ICX), and Aeternity (AE) have been traded in South Korea with 300 to 600 percent premium rates. As of August 1, 2018, Ethos on Bithumb, a major crypto exchange in the local market of South Korea, is being traded at $5.82, up 582 percent from its global average price…
