Business and Economy

South Korea plans to ban cryptocurrency trading

South-korea plans to ban cryptocurrency trading The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil. This is coming as the nation’s police and tax authorities raided local exchanges on alleged tax evasion. Also Read: BENEFITING …

Read More »

South Korea Banning Bitcoin Trade, Financial Regulators Clarify

Don’t panic just yet, South Korean regulators are putting a stop to the rumours that the government is banning all crypto transactions. Bitcoin The confusion came after local publications quoted a government official saying they are “considering” a ban in the country as a way to cool down the digital currency craze. Sound …

Read More »

Innoson’s CEO rejects release from EFCC custody


The chief executive officer (CEO) of Innoson Group, Innocent Chukwuma, has reportedly rejected his release from the custody of the Economic and Financial Crimes Commission (EFCC). The anti-graft agency had earlier announced his release on bail following allegations that Chukwuma, used forged documents to secure tax waivers. However, Innoson revealed …

Read More »

South Korea to hold emergency meeting on cryptocurrencies

(Reuters) – South Korea’s government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday. The official declined to give further details, but the announcement underscores how global regulators are grappling with …

Read More »
HTML Snippets Powered By : XYZScripts.com