"By the end of 2017, several researchers had reported additional spear phishing campaigns against South Korean cryptocurrency exchanges, numerous successful thefts, and even Bitcoin and Monero mining". The recent indecision and constant threat of exchange closures has created a few dips in the prices.
The government plans to require cryptocurrency exchanges to share users' transaction data with banks, in a potential move to impose taxes on the transactions, an official at financial authorities said Sunday.
"Korea Financial Intelligence Unit announced that financial companies are in the process of drawing up a guideline to prevent cryptocurrency-related money laundering, although any specific measures are yet to be confirmed", the Financial Services Commission said in a statement in response to the news.
Opening anonymous cryptocurrency accounts is also banned until banks install a system that ensures only real-name bank accounts and matching accounts at cryptocurrency exchanges to be used for deposits and withdrawals.
The shift toward tighter regulation sparked a strong reaction from many South Koreans, thousands of whom signed a petition on the website of the presidential Blue House to stop a ban on cryptocurrency trading.
A lot of confusion has been built around in the past two weeks about regulating cryptocurrency trading in the country.
According to reports, the government has previously indicated it would ban non-resident foreigners and minors from trading cryptocurrencies.
Virtual currency exchanges should pay the corporate tax on income earned a year ago by the end of March and the local income tax by the end of April, an official from the Ministry of Strategy and Finance said.
Under the existing laws for Income Tax in South Korea, local corporations are asked to pay 2.2 percent local income tax and 22 percent of corporate income tax on any income over 20 billion won (US$18.7 million).
Bithumb, one of Korea's major cryptocurrency exchanges, is expected to pay about 60 billion won in corporate and local income taxes as its estimated earnings reached 317.6 billion won a year ago, according to Yujin Investment & Securities. Its estimated earnings reached nearly $300 million a year ago. The first known North Korean cryptocurrency operation occurred in February 2017, with the theft of $7 million (at the time) in cryptocurrency from South Korean exchange Bithumb.
Microsoft is announcing a new update for Minecraft: Education Edition today which will start rolling out this Spring. Microsoft, PBS and NASA will deliver "Bringing the Universe to America's Classrooms" to AR and VR headsets.
Profit-booking was witnessed in telecom, metal, utilities and power segments which restricted the index gains. Meanwhile, the broad based NSE Nifty climbed by 77.70 or 0.72% at 10,894.70 with 34 components posting rise.
The ship was on a four-day Bahamas journey from Jacksonville that withdrew on Thursday; the lady has not yet been recognized. Coast Guard, Jacksonville Sheriff's Department, FBI, and Bahamian law enforcement are now assisting in the investigation.
If you want to believe the rumours, blockbuster director Christopher Nolan could be taking the reins of the next Bond film . After speculation continues to amount over who will take over from Daniel Craig after the next Bond film.
The best performing regions were Greece and the Nordics, which delivered LFL revenue growth of 23% and 11% respectively. Dixons confirmed this morning that he will be replaced by Alex Baldock, who now runs online retailer Shop Direct .
However, the app developer will first need to add support for Notifications Channel, in order for users to put this to use. With these channels, users will now be able to pick and choose the notifications that they want to pay attention to.
When she returned, Diaz claimed she found the water level had risen and that her daughter was submerged in water up to her nose. Diaz said she pulled Gabrielle out of the tub, the girl vomited and her boyfriend attempted to provide CPR, the petition said.
The state would use its own funds from the Departments of Parks and Tourism to keep the national park open and fully operational. Once a budget deal is reached, these essential employees are retroactively paid for their hours worked.
NASA has bumped an astronaut off an upcoming spaceflight, a rare move for the space agency so close to launch. She went on to say, "When people come back from space, I see how much they want to go again".
That includes a thorough debadging, with only the Bullitt-logo fuel cap on the outside marking the vehicle as something special. Of the estimated 30,000 kids that the Boys Republic rescued and helped so far, one was known to make it big in Hollywood.
Trump received the highest approval in Alberta, where 29 per cent viewed him positively, and 16 per cent had mixed feelings. But Trump's number in Minnesota does not foretell the kind of election wave that many Democrats are hoping for.
Bristol team makes waves with acoustic tractor beam
In effect, this combination creates an acoustic mini-tornado, with a loud, twisting outer structure encasing a silent core. The new findings open the door for the technology to be used in a variety of settings, according to the researchers.
Apple to CANCEL the iPhone X, new report claims
The projected weak iPhone X sales are not likely to have a negative impact on the overall growth of iPhone models in the market. The latest research note from KGI Securities' analyst Ming-Chi Kuo (via Apple Insider ) might come as a shocker for many.
Upcoming Xiaomi Mi 6X Leaked in the Images and Case Renders
The Xiaomi Mi A1 sports a dual rear camera setup consisting of the 12-Megapixel wide-angle lens+12-Megapixel telephoto lens. The fingerprint sensor is expected to be at the back side as Xiaomi will be using trendy 18:9 display aspect ratio.
Berdych sweeps past Fognini into quarterfinals
The only time he's failed to reach at least the quarters was a year ago when he lost in the third round to Roger Federer. Berdych last beat Federer back in 2013 and has lost his last eight matches against the veteran. "I'm happy for him".
USA plotting another Korean War: North Korea
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Pawan Kalyan's wife Anna does an arathi
Later at a meeting, the ambassador explained to Pawan Kalyan the scenic locations in Poland where films should be shot. On Monday morning, Anna gave haarathi and put tilakam on forehead of Pawan Kalyan in traditional Hindu ritual.