Tag Archives: Cryptomarket

How South Korea is Positioning Itself to become a Crypto Market Leader

  by David Drake     South Korea has been a key contributor to cryptocurrencies but in this country, the industry has had to contend with big challenges. Such challenges include an initial coin offerings (ICOs)  ban, regulatory changes and hackings that led to the loss of huge amounts of money, almost bringing the industry to its knees. However, things are […]

Will Korea’s Stance on Crypto Sway other G20 Summit Nations?

  by David Drake     After taking a series of hostile actions against the crypto market, South Korea’s Financial Services Commission (FSC) has declared that it does not oppose cryptocurrencies. For many people, this statement comes as a surprise considering that early this year, the regulatory authority launched a massive crackdown on crypto exchanges, shutting down a number of them, […]

How South Korea is Removing Obstacles of Crypto Development, Brick by Brick

  by David Drake     The Central Bank of Korea, also known as Bank of Korea has ‘affirmed’ its position that cryptocurrencies do not pose significant threat to the local financial landscape.  According to media reports, the bank stated that the level of investment in digital assets is not big compared to that in local financial institutions and equity markets. […]

How will Bank of Korea’s Stand Affect the Global Cryptocurrency Market?

  By David Drake   Despite banning initial coin offerings (ICOs) some months ago, South Korea seems to be re-positioning itself to become a major global player in the cryptocurrency industry. Other than lifting the ICO ban and rolling out strict cryptocurrency regulations, the Financial Services Commission (FSC) has stated that it is not opposed to cryptocurrencies as it plans to implement […]

What Benefits Will Institutional Investments bring to the Cryptoworld?

by David Drake Several events rocked the cryptocurrency market as we embarked on 2018. Market capitalization see-sawed losing more than 48% of its value on the first quarter of the year. From $612 billion, crypto market capitalization went down to $261 billion by the end of March while Bitcoin’s value went down by more than 50%. Japan, the United States […]

Market Volatility: Why Participation of Institutional Investors is Critical for the Crypto Market

by David Drake Over the last few weeks, institutional investors have turned their attention to the cryptocurrency market. In the UK, Barclays PLC announced it is gauging the market to determine whether it will set up a digital trading desk to assist institutional investors purchase digital assets. This is perhaps the most notable step that a financial institution has taken […]

Why are Institutional Investors Suddenly Interested in Cryptos?

by David Drake The cryptocurrency market has gained popularity over the past few years to the extent that those who viewed it as a speculative bubble are already having second thoughts. As the cryptocurrency adoption continues to grow, institutional investors now have their eyes set on this revolutionary market. Recently, several institutional investors have taken concrete steps to invest in […]

Can Institutional Investors Increase Transaction Volumes in the Crypto Market?

by David Drake After losing more than 50% of its value this year, the cryptocurrency market is likely to experience steady growth in terms of trading volumes and reduced volatility in upcoming months. This, analysts believe, will happen because governments are now taking steps to establish a regulatory framework for cryptocurrencies. At the beginning of the year, countries such as […]

Will the Flow of Institutional Funds Boost the Cryptomarket?

  by David Drake Institutional investors such as pension funds, mutual funds, endowments, and sovereign wealth funds, are slowly taking interest in cryptocurrencies. These investors have kept their eyes on this new asset class for the past three years. Despite the recent media controversies surrounding ads ban by tech firms and government crackdowns on cryptos, their interests seem to remain […]

Business Should Weigh Blockchain Rewards and Risks, Here’s Why

  By David Drake   Blockchain technology has been hailed as having the potential to revolutionize traditional business processes, especially in the supply chain management and finance sectors. This is because the distributed ledger technology provides security, transparency and significantly reduces transaction costs compared to centralised systems. These are the reasons why big companies such as IBM, Amazon, Royal Bank […]