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South Korea, holds one among the top 5 crypto markets across the world with almost 9% of global trade volume in August 2021, in crypto exchanges. In South Korea cryptocurrency is considered legal to buy, sell and own crypto assets but it is not considered and not legalised as official tender by the South Korean Government. It must be registered in Financial Supervisory Service (FSS) and when the exchanges are legal it holds the part of closely-monitored regulatory system. In South Korea, the cry...

The long standing question on people’s mind pertaining online rummy is its legality as it is perceived in akin with betting and gambling. The is not an Res Integra question as the Apex Court has already delivered a judgment on the issue as that the game of rummy is legal as the rummy is a game of skill and not a game of chance. In pursuance of Article 19(1) (g), playing a game of skill is considered as business under the aforementioned Article and which is legal. [State...

Block Chain is a digital ledger that is used for the transactions of the data in a computer network. The information that is passed from several networks will be stored in each block of the chain; each block consists of the number of transactions and forms a chain. Therefore it is known as Block chain technology.  Block chain is best for the crypto currency such as Bit coins; to store the information securely and decentralized record of transactions. The capacity to store the data in a...

Cryptocurrency is a digital currency that does not rely on banks for transaction rather uses cryptography. To the common knowledge it is a peer to peer transaction as it has no jurisdiction within which the transaction should be made. Unlike physical money being exchanged in real world, cryptocurrency transaction takes place only in cyberspace and payments exists as digital entries. Cryptocurrency got its name as it uses encryption to verify transaction. While bitcoin was the first found cryptoc...

SSL is digital certificate that provides an encrypted connection to the user and provides identity and details of the web server to the web browser. SSL stands for secure sockets layer which is a secure layer that is given to the web browser and establishes the trust. The website which is protected under SSL certificate will have the locked padlock near the web address and it will also have HTTPS before the web address instead of HTTP the ‘S’ denote security which is guaranteed by th...

Block-chain is the method of transaction that uses the decentralized record of transaction that means there is no one or a group of people are in control of your data which is transferred instead of that all the user of the network can view the data so altering the data in all the network we be almost not possible. Block chain collects data and stores in a group which is called as a block, and it will be stored in a linear and chronological manner whatever the data comes new will be added in the...