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 …

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China’s WeChat messenger denies storing user chats

(Reuters) – Tencent Holdings’ WeChat, China’s most popular messenger app, on Tuesday denied storing users’ chat histories, after a top businessman was quoted in media reports as saying he believed Tencent was monitoring everyone’s account. “WeChat does not store any users’ chat history. That is only stored in users’ mobiles, …

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South Korea seizes second ship transferring oil to North

S. Korean President Moon Jae-in South Korean authorities have seized a Panama-flagged vessel suspected of transferring oil products to North Korea in violation of international sanctions, a customs official said Sunday. The KOTI was seized at Pyeongtaek-Dangjin port, the official said without elaborating, due to the sensitivity of the issue. …

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