Japan and Korea Officially Approve Their Biggest Crypto Exchanges

South Korea’s Internet & Security Agency (KISA) has granted an important certification to the country’s leading cryptocurrency exchange Bithumb. Meanwhile, in Japan, Coincheck, the country’s largest exchange, is now registered with the Financial Services Agency.  Bithumb Granted ISMS Certification Cryptocurrency exchange Bithumb has managed to obtain Information Security Management System certification from the country’s KISA. According to the official release, this is the highest certification system in the country. Cryptocurrency exchanges, which earn more than $8.99 million are required by law to obtain this certification. The company says it will continue…

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70% of Central Banks are Working on Digital Currencies, No Hurry to Issue Them: BIS

A survey commissioned by the bank of central banks, the Bank of International Settlements, has disclosed that even though Central Bank Digital Currencies (CBDC) are being researched by a big number of reserve banks, the work is mostly conceptual. Consequently, only a handful of them have any intentions of issuing a CBDC in the near The post 70% of Central Banks are Working on Digital Currencies, No Hurry to Issue Them: BIS appeared first on CCN

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Notable Bitcoin Critic Claims Price Likely to Hit $5,000 In Near Future

Although the crypto markets are seeing a bout of volatility that has sent them spiraling downwards today, one notable critic of Bitcoin and cryptocurrency in general is now predicting that Bitcoin could hit $5,000 in the near future. The comments came about as the markets are seeing increased weakness after Bitcoin failed to stabilize above $4,000, which means that it is plausible the markets will see further losses before reaching the $5,000 mark. Risk Tolerant Investors Could See Easy Profits on Bitcoin  The comments regarding Bitcoin hitting $5,000 came from…

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