The South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. “It is impossible in reality,” said the KFTC chairman. T he agency is currently investigating 13 major exchanges operating in the country for alleged violations of the e-commerce law.
Virginia Beach Government Backs Bitcoin Mine With $500K Grant CoinDesk Full coverage
Decentralized exchange Radar Relay has partnered with Ledger to allow for hardware wallet-to-wallet direct transfers.
The decree signed by Belarusian president Alexander Lukashenko which legalizes cryptocurrencies, initial coin offerings, and smart contracts, will enter into force in March. Cryptocurrency activities are not restricted by the decree and will be tax exempt until 2023.
Indian consumers prefer biometrics to PINs or passwords to authenticate payments, a new report by Visa suggests. According to the report, 99% of those surveyed said they would like to use at least one biometric form of authentication (fingerprint, voice recognition, eye scan, etc.) to make payments. The reason for this overwhelming support in favor of biometrics is that 48% of respondents believe it to be more secure than a password or PIN, while 81% believe that biometrics is the quicker option. An additional 84% believe it is easier than using than passwords. Read the full analysis here. Indeed, this
Analysts: Bitcoin’s Sharp Decline A Temporary Pullback Forbes Full coverage
The rise and fall of Bitcoin The Economist (blog) Full coverage
Source: The rise and fall of Bitcoin
Visa, the world’s largest credit card company, is widely regarded as being hostile to Bitcoin. It would seem intuitive that a traditional financial provider should look unkindly on anything that threatens its hegemony. Publicly, though, the company has had very little to say about Bitcoin, preferring to focus on matters within its own domain.
Brief: After being the only top ten crypto yesterday to buck the bitcoin downtrend, $NEO continues in the same vein today. NEO is up 0.12% in 24 hours, up 49.54% on the week and up 384.13% on the month on a last price of 0.01239398 BTC or about $129.94.
Bitcoin drops below $10000; $30B value wiped in a day as cryptocurrency sell-off deepens USA TODAY Full coverage