Posts Tagged ‘cryptocurrency’

South Korea says no plans to ban cryptocurrency exchanges, uncovers $600 million illegal trades

South Korea’s finance minister Kim Dong-yeon said the government has no plans to shut down cryptocurrency trading. “There is no intention to ban or suppress cryptocurrency (market),” Kim said, adding the government’s immediate task is to regulate exchanges. The country’s customs earlier on Wednesday announced it had uncovered illegal cryptocurrency foreign exchange trading worth nearly […]

Facebook bans all cryptocurrency ads

Facebook has said it will block any advertising promoting cryptocurrency products and services, because many companies are not acting in “good faith” when extolling the virtues buying into virtual currencies. Under the new policy, advertising using phrases such as “New ICO! Buy tokens at a 15% discount NOW!” or “Use your retirement funds to buy […]