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.
Also read: 

Bitcoin

ACCREDITED CERTIFICATE AUTHENTICATION SYSTEM BASED ON BLOCKCHAIN, AND ACCREDITED CERTIFICATE AUTHENTICATION METHOD BASED ON BLOCKCHAIN, USING SAME (patentscope.wipo.int)

The present invention relates to an accredited certificate authentication system based on a blockchain, and an accredited certificate authentication method based on a blockchain, using the system, the system and method including: a user terminal (100) requesting blockchain-based accreditation; a blockchain-based accredited certificate authentication-requesting server (600) which, in response to the blockchain-based accreditation request of the user terminal (100), transmits personal…

Bitcoin

A BLOCKCHAIN-IMPLEMENTED CONTROL METHOD AND SYSTEM FOR CONTROLLING AN EXTERNAL PROCESS OR SYSTEM (patentscope.wipo.int)

The invention provides a computer-implemented method and corresponding system which is implemented using an electronic ledger such as a blockchain. This may or may not be the Bitcoin blockchain. The invention can be used to implement, execute and/or control the performance of a task or process. A method according to the invention comprises the steps of generating a blockchain Transaction which comprises: at least one signed input which comprises a value; and at least one modifiable output….

Bitcoin

Chairman, Federal Bank in Chicago on Bitcoin: “It’s hard to imagine a world where the main currency is based on an extremely complex code, understood by only a few, controlled by even fewer, without accountability, arbitration or recourse.” You just described the Federal Reserve Banking System!

Chairman, Federal Bank in Chicago on Bitcoin: "It's hard to imagine a world where the main currency is based on an extremely complex code, understood by only a few, controlled by even fewer, without accountability, arbitration or recourse." You just described the Federal Reserve Banking System! submitted by /u/Nedtherlandz
[link] [comments]

Bitcoin – The Currency of the Internet