Busy South Korean Beach Says ‘Yes’ to Crypto

Tyler Hromadka

HaeundaeBeach Source: Adobe/panyaphotograph. Holidaymakers at Haeundae, South Korea’s busiest and most popular beach, will be able to spend for services such as sun umbrella and inflatable tube leasings in bitcoin (BTC), ethereum (ETH) and other tokens next month. Haeundae Beach, in South Korea’s second city Busan, is a 1.5 km-long, 30-50 m broad stretch of […]

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Local Stabelcoin in Sleepy South Korean County Is a Runaway Success

Tyler Hromadka

Statue of the Resting Buddha of Miamsa Temple in Naesan-myeon, Buyeo-gun, South Korea. Source: Adobe/Yeongsik Im. A peaceful South Korean county with a high percentage of senior locals stated its blockchain-powered local stablecoin is growing, with USD 48.5 million worth of tokens utilized considering that the coin was provided in 2015. Buyeo County, in the […]

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Australia Joins List of Nations Rejecting China’s Maritime Claims in South China Sea

Sandra Loyd

Australia has actually sent out a diplomatic note to the United Nations rejecting China’s extensive maritime claims in the South China Sea, signing up with the growing list of nations that have actually pressed back versus Beijing’s anticipation of “historic rights” to the challenged waters. The note was sent out to the UN on Thursday […]

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Angry South Korean Crypto Traders Threaten to Quit over New 20% Tax

Tyler Hromadka

Source: Adobe/Parkpoom. Active crypto traders in South Korea stated they are ready to leave the scene permanently– slamming “unfair” 20% crypto trading tax law propositions revealed by the federal government previously today. It is a sign, possibly, of what traders in other countries will have to handle in the near future, with draft crypto tax […]

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Indonesian Navy Conducts Major Exercise Amid South China Sea Tensions

Sandra Loyd

Indonesia is staging a major marine exercise today in the Java Sea and the South China Sea, the objected to waterway where tensions have actually increased recently in between China and the United States. The Indonesian Navy’s Western Fleet held an exercise in the Java Sea on Wednesday as part of a series of drills […]

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South Korean Crypto Tax Plans to Be Unveiled this Wednesday

Tyler Hromadka

Source: Adobe/YetiStudio The South Korean federal government is apparently set to reveal additional information about its plans to present tax for cryptoasset holders. Per an unsourced report by SBS CNBC, Seoul will reveal a file detailing its propositions in a Tax Law Modification expense– to be unveiled on July22 The expense will look for to […]

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‘Entirely illegal’: US accuses Beijing of ‘intimidation’ and ‘bullying’ in South China Sea

Adrian Ovalle

China has actually implicated the US of “stirring up tension” after America’s secretary of state said it would take a harder position on Beijing’s “bullying” in the South China Sea. Territorial conflicts over little island chains in the area have actually been going on for several years in between China and neighbouring countries such as […]

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South Korean Central Bank Launches CBDC Legal Advisory Unit

Tyler Hromadka

The Bank of Korea in Seoul. Source: Adobe/tktktk. South Korea is as soon as again magnifying the rate of its central bank digital currency (CBDC) development– with a central bank-run team now examining legal challenges that may stand in the method of digital won issuance. Bitter political and financial competing Japan recently took an action […]

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US Toughens Stance on South China Sea, Calls Chinese Claims Illegal

Sandra Loyd

The United States on Monday revealed a harder stance versus China’s sweeping claims in the South China Sea, stating them illegal and implicating Beijing of dealing with the challenged waters as a “maritime empire.” In a declaration, Secretary of State Mike Pompeo stated there were “no legal grounds” for China’s extensive maritime claims. He officially […]

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