215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond (news.bitcoin.com)

A national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government to respond. The petition entitled “Has the government ever dreamed a happy dream for the people?” was filed on December 28. Meanwhile, another related petition calls for the removal of the governor of the country’s Financial Supervisory Service.
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South Korea Announces Crypto Traders Could Face Fines Under New System (news.bitcoin.com)

The South Korean government has announced that cryptocurrency traders will be fined if they do not convert from existing virtual accounts, which allows for anonymous trading, to real-name accounts. Regardless of their service levels to crypto exchanges, banks have been ordered to implement the new system this month as planned.
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Crypto Companies Cashing in on the Name of Bitcoin’s Founding Fathers (news.bitcoin.com)

Bitcoin is a powerful brand. Even uttering its name – or that of its underlying technology, blockchain – can be enough to revive tired companies and send stock prices soaring. But Bitcoin isn’t the only name strategically deployed for marketing purposes: companies are also shamelessly cashing in on the name of the cryptocurrency’s founding fathers.
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"Our challenge now is the extra millions" – A Finnish bitcoin broker is riding the crypto wave

The company offers a wide range of bitcoin services, including Coinmotion, a European bitcoin investment and trading platform; Bittiraha.fi, Finland's most popular bitcoin portal; and Denarium, a leading physical bitcoin online store. Prasos also advices companies in different applications of blockchain …
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South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading (news.bitcoin.com)

The South Korean government has called for financial regulators and central bankers of 23 other countries as well as 12 organizations, including the International Monetary Fund and the European Union, to collaborate on curbing cryptocurrency trading.
Also read: Russian Regulators Draft Law to Restrict Crypto Mining,

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Microsoft Drops Bitcoin Payment Methods Thanks to Crypto Volatility

Following Valve's footsteps, it was reported on Monday that Microsoft has stopped accepting bitcoin payments. While the tech company has not released an official statement regarding this potential change, a Bleeping Computer article claimed that it has halted Bitcoin payments because to the volatility …
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