Cryptocurrencies Archives | Be Korea-savvy
Fast ROI with Lyre Miner and Harp Miner

Fast ROI with Lyre Miner and Harp Miner

WELLINGTON, New Zealand, Sept. 24 (Korea Bizwire) — BitHarp Group Limited ( www.BitHarp.com ), an experienced manufacturer of crypto mining hardware, is rapidly emerging as a trusted name amongst individuals looking to make a profit by mining cryptocurrencies at home. The company’s recently launched products Lyre Miner and Harp Miner are characterized by low heat and noise [...]

S. Korean Banks’ Investment in Crypto-assets Totals 2 tln Won in 2017

S. Korean Banks’ Investment in Crypto-assets Totals 2 tln Won in 2017

SEOUL, Jul. 6 (Korea Bizwire) — South Korean banks’ investment in crypto-assets remained low despite a recent craze for the new type of digital currencies, a central bank report said Friday. The outstanding balance of virtual accounts in local banks reached 2 trillion won (US$1.79 billion) as of December last year, according to the report [...]

Regulators Inspect Virtual Bank Accounts for Corporate Customers over Cryptocurrency Worries

Regulators Inspect Virtual Bank Accounts for Corporate Customers over Cryptocurrency Worries

SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s financial regulators have inspected banks that have opened virtual accounts for corporate customers amid concerns that such accounts could be exploited as a loophole to attract new investors for cryptocurrencies, an official said Wednesday. Regulators have banned banks from offering virtual accounts, which are needed to sell [...]

31 pct of Workers Have Invested in Virtual Currencies: Survey

SEOUL, Dec. 27 (Korea Bizwire) — More than three out of every 10 South Korean workers have invested in cryptocurrencies to make a quick buck, a recent survey showed Wednesday. Of the 941 salaried people questioned, 31.3 percent have invested in virtual currencies, according to the survey conducted by online job portal Saramin. The average [...]

S. Korean Gov’t to Publicly Embrace Cryptocurrencies

SEOUL, Jul. 4 (Korea Bizwire) — The South Korean government is accelerating its efforts to embrace the use of cryptocurrencies typified by bitcoin in the public sector, amid growing demand for digital assets that could replace physical money in the future. Lawmaker Park Yong-jin, a member of South Korea’s ruling Democratic Party, announced on Sunday plans [...]