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Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse
Local reports have confirmed that the South Korean government will launch a Digital Asset Committee this month in the wake of the Terra collapse. The post Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse appeared first on BeInCrypto. дальше »
2022-6-1 20:15 | |
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South Korea Toughens Up Security In Response To Terra’s Crash
According to Local media accounts, South Korea’s Financial Supervisory Service (FSS) has moved to standardize risk assessment for virtual assets, the FSS reported these details during the “Enactment of the Digital Asset Framework Act and Emergency Inspection of Coin Market Investor Protection Measures” conference. дальше »
2022-6-1 21:59 | |
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Terra faces litigation from South Korean investors over failed UST investment
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to local media reports. дальше »
2022-5-18 19:30 | |
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ICOs are coming back following sweeping crypto reforms in South Korea
South Korea’s Presidential Transition Committee is proposing a crypto framework designed to foster the growth of the digital asset industry. The post ICOs are coming back following sweeping crypto reforms in South Korea appeared first on CryptoSlate. дальше »
2022-5-7 05:00 | |
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Why Is South Korea Leading in Crypto?
Over the last few years, the astronomical growth in cryptocurrency prices facilitated the surge of crypto and blockchain technology adoption in a few key markets. South Korea is one of them. The nation has always been a leading force and major participant in the emerging digital asset economy. дальше »
2022-4-7 11:55 | |
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What Could Change For South Korea’s Crypto Regulations
The new president of South Korea Yoon Suk-yeol wants the country to lead the crypto market. Recently, he vowed to deregulate the virtual asset industry and expects to set a more amicable regulatory framework in order to promote local growth. дальше »
2022-3-18 00:00 | |
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LABEL Foundation Debuts On South Korean Digital Asset Exchange Coinone
LABEL Foundation (LBL) has been listed on South Korean digital asset exchange Coinone. The listing is a huge milestone for the project given that South Korea possesses some of the strictest crypto listing regulations worldwide. дальше »
2022-2-26 11:00 | |
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LABEL Foundation debuts on top digital asset exchange in South Korea
LABEL Foundation recently gained authorization from one of South Korea's main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson The post LABEL Foundation debuts on top digital asset exchange in South Korea appeared first on AMBCrypto. дальше »
2022-2-25 09:00 | |
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South Korea’s Kookmin Bank Launching Crypto Investment Product
Kookmin Bank of South Korea has announced that it has now set up a Digital Asset Management Preparatory Committee, ahead of the impending launch of its digital asset investment products. The firm says the committee will focus on determining the… дальше »
2022-2-22 00:10 | |
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AnChain.AI, Doosan Corporation (Doosan Digital Innovation BU) on Flow
Silicon Valley-based digital asset platform company AnChain.AI today announced its partnership with Doosan Corporation (Doosan Digital Innovation BU- hereafter, DDI), a South Korean multinational conglomerate... дальше »
2021-12-10 09:20 | |
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Despite regulatory headwinds, P2P crypto trading surges in South Korea
Despite fears of another regulatory crackdown, South Korea’s digital asset market has been growing well, and peer-to-peer Bitcoin trading is still surging, hitting all-time highs over November. AThe post Despite regulatory headwinds, P2P crypto trading surges in South Korea appeared first on AMBCrypto. дальше »
2021-11-27 21:30 | |
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Baekdu Technologies Raises $1M From Mirae Asset Ventures
Mirae Asset Venture Investment is a South Korean venture capital specialized in incubation, buyout, growth, and cross-border investments. Mirae Asset's subsidiary Horizon ETF launched the world's first inverse Bitcoin ETF in Canada in 2021. дальше »
2021-11-10 11:25 | |
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Why Hong Kong Could Allow Retail To Dabble Into Crypto ETFs
The local securities regulator in Hong Kong will review the rules for people to be able to trade crypto-linked Exchange Traded Funds (ETFs). According to a report by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) will take another look into its digital asset transaction regulation. Related Reading | Bye-Bye China […] дальше »
2021-11-3 21:00 | |
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New York’s World Trade Center Shines Bright in First Ever All-American Diwali Celebration
CrossTower, one of the world’s fastest leading trading platforms and digital asset investment firms, announced today its partnership with the South Asian Engagement Forum to... дальше »
2021-11-2 06:52 | |
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NFTGO.io forms a Partnership with Korea University Blockchain Research Institute, Seeking Business Opportunities in Korean Market
Oct.26, South Korea. NFTGO.io reached official partnership with Korea University Blockchain Research Institute aiming to help the NFT industry grow in healthy and sustainable way. As NFT creates a trend in Korean market, Korean companies are eager to join the emerging NFT-based digital blockchain market and artists, museums and digital asset holders are exploring theRead More дальше »
2021-10-29 11:00 | |
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South Korea’s FSC Nominee Is Not a Cryptocurrency Enthusiast
Koh Seung-beom, the nominee for South Korea’s Financial Service Commission (FSC), said that he does not see cryptocurrencies as a financial asset. FSC Nominee Says Crypto Not a Financial Asset According to the Korean Times on Wednesday (August 25, 2021), Seung-beom made the statement while speaking with journalists. Seung-beom, who is a board member ofRead More дальше »
2021-8-26 04:00 | |
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South Korea CBDC To Appear on Samsung Galaxy Smartphones
Samsung will participate in South Korea’s CBDC pilot program, with the asset set for integration with its flagship Galaxy smartphones. The post South Korea CBDC To Appear on Samsung Galaxy Smartphones appeared first on BeInCrypto. дальше »
2021-8-16 09:35 | |
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Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will be enforced in September. дальше »
2021-7-19 00:30 | |
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South African asset manager denies stealing billions from users, claims $5M was lost in hack
AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.” дальше »
2021-6-29 06:50 | |
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South Africa Working Group Releases New Position Paper Calling for Regulation of Crypto Asset Providers
South Africa’s Intergovernmental Fintech Working Group (IFWG) has a released new position paper that calls for the regulation of the country’s cryptocurrency ecosystem. In the document, the IFWG, which is a creation of the South Africa Reserve Bank (SARB), recommends “a staged approach to bring crypto-assets within the regulatory remit through the regulation of crypto […] дальше »
2021-6-13 08:30 | |
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South Africa’s Financial Watchdog to Regulate Crypto Assets in ‘A Phased and Structured Manner’
South Africa is ready to set crypto asset controls to curb the growing cases of fraud and scams and improve the management of cross-border flows. According to a statement by the Intergovernmental Fintech Working Group (IFWG) and the Financial Sector Conduct Authority (FSCA), the nation will start regulating cryptocurrencies with a “structured approach. дальше »
2021-6-13 17:16 | |
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South Korea’s Financial Regulator Holds Closed-Door Meeting With 20 Crypto Exchanges
Regional reports disclose South Korea’s Financial Services Commission (FSC) had a closed-door meeting with roughly 20 different cryptocurrency exchanges on June 3. The report highlights that virtual asset business operators (VASPs) that attended the meeting all had ISMS (Information Security Management System) certification. дальше »
2021-6-5 02:00 | |
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South Korean Regulators Working With Banks in a Bid to Regulate Cryptocurrencies
Regulators in South Korea are now taking an interest in the cryptocurrency industry with plans to introduce regulations for the emerging asset class. The nation’s financial authorities are now seeking the help of banks to aid in these efforts, and have asked them to declare their cryptocurrency businesses to ascertain the exact number of cryptoRead More дальше »
2021-5-6 08:00 | |
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Uppsala aids Bithumb exchange fraud victim in complete recovery of stolen crypto
CryptoNinjas » Uppsala aids Bithumb exchange fraud victim in complete recovery of stolen crypto Uppsala Security, a provider of tools for crypto AML, risk management, regulatory compliance, and cybersecurity, has announced that in cooperation with Bithumb — a South Korea based bitcoin and cryptocurrency exchange, it has helped a victim to recover approximately 20 million KRW ( around USD $18,000) by timely identifying the suspect of a virtual asset […] CryptoNinjas » Uppsala aids Bithumb exchange fraud victim in complete recovery of stolen crypto дальше »
2021-4-27 04:23 | |
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Bank of Korea Governor becomes latest to attack crypto-assets' 'limitations'
South Korea has seen a dramatic increase in crypto-investments lately. Unlike in the U.S, South Korean regulatory bodies had initially kept themselves from intervening in the digital asset ecosystemThe post Bank of Korea Governor becomes latest to attack crypto-assets' 'limitations' appeared first on AMBCrypto. дальше »
2021-4-17 07:00 | |
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South Korea's Gyeongju targets tax defaulters via virtual asset seizures
The South Korean city of Gyeongju is in the news today after it announced that it is investigating the virtual asset possessions of tax evaders with the help of crypto-exchanges. The city has reportedThe post South Korea's Gyeongju targets tax defaulters via virtual asset seizures appeared first on AMBCrypto. дальше »
2021-4-15 23:30 | |
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Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin
CryptoNinjas » Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin Uppsala Security, a provider of cybersecurity tools for crypto AML, risk management, and regulatory compliance, announced today the signing of a contract to build a ‘Virtual Asset AML’ solution for crypto exchange Coin&Coin that complies with the amendment of the Special Money Act in South Korea. дальше »
2021-4-7 22:40 | |
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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »
2021-3-30 03:00 | |
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Breaking Down What South Korea’s Crypto Crackdown Means for the Industry
With a blistering start to the year, cryptos have enjoyed the highs of what seemed like a never-ending bull run. Bitcoin, Ethereum, and other altcoins made headlines every day, surging far past their previous highs as institutions rushed to get their hands on the red-hot asset class. дальше »
2021-3-25 13:01 | |
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Bank of Korea Governor Bashes ‘Volatile’ and ‘Invaluable’ Bitcoin
Lee Ju-yeol, South Korea’s central banking chief, has slammed Bitcoin for its volatility. Several policymakers have also criticized Bitcoin, following a week of extreme volatility in the asset’s price. дальше »
2021-2-25 22:51 | |
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Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related Services
A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan Bank is looking to offer digital asset custody services. дальше »
2021-1-9 02:00 | |
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Korean crypto exchange Korbit lists Cardano (ADA) token
Popular South Korean-based cryptocurrency exchange company Korbit, announced today that it has listed Cardano (ADA) token. Deposits, withdrawals, and trading are all now supported. ADA is the digital asset of the blockchain platform Cardano network. дальше »
2020-12-18 22:27 | |
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Bitcoin, Crypto.com, Compound Price Analysis: 28 October
The divergence is the digital asset industry is fairly evident at the moment with Bitcoin moving up and the rest of the altcoins moving south. While major altcoins in the top-20 depreciated largely ovThe post Bitcoin, Crypto. дальше »
2020-10-28 18:15 | |
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XRP, VeChain, FTX Token Price Analysis: 14 October
XRP had formed a bullish pattern but was rejected and the pattern invalidated as the asset looked to be headed south. VeChain appeared to have lost a level of support it had held tenuously over the paThe post XRP, VeChain, FTX Token Price Analysis: 14 October appeared first on AMBCrypto. дальше »
2020-10-14 20:00 | |
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South Korea Lawmakers Mull New Crypto Legislation
South Korea’s National Assembly is working with industry stakeholders to draft a “Virtual Asset Business Law. ” With the country falling behind the likes of China in the emerging digital economy, South Korean lawmakers and blockchain industry insiders are working to create clear-cut regulations for digital assets. дальше »
2020-10-8 18:57 | |
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Crypto Exchange UpBit Scores Full Deck of Licenses From Thai SEC
South Korean exchange UpBit received four licenses to operate a digital asset exchange in Thailand.
дальше »2020-8-13 09:57 | |
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South Korea to Implement 20% Income Tax on Crypto Gains After Finalizing on New Tax Code
South Korea's government has tabled its final proposed tax code on cryptocurrencies with the tax rule set to be implemented from October 2020. The new tax rule will see a 20% income tax on crypto gains take effect as South Korea's government scales its effort to capture digital asset revenue. The final documentation was agreed […] дальше »
2020-7-22 18:59 | |
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Bithumb Global Reflects On Its Journey As It Celebrates First Anniversary
Today, South Korean cryptocurrency exchange Bithumb Global celebrates its first anniversary as it continues to meet the ever-increasing demand for digital assets. Established in 2019 during the boom period in the cryptocurrency industry, Bithumb Global has quickly established itself as one of the leading digital asset exchanges in the world by reported trading volume. дальше »
2020-5-14 12:21 | |
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South Korea Banking Giant Plans to Launch Crypto Custody Service
KB Kookmin Bank, South Korea’s largest bank, is planning to launch a crypto custodial service known as KB Digital Asset Custody (KBDAC). The entry of the South Korean financial giant into the crypto market could spark widespread adoption across financial institutions in the country. дальше »
2020-3-28 22:00 | |
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South Korea May Get A New Crypto Custodian After Largest Bank Files Trademark App
KB Kookmin Bank, the largest bank in South Korea, is preparing to launch its cryptocurrency custody service as soon as possible. As per the local news outlet Digital Today reported on March 27, KB Kookmin Bank filed a KBDAC trademark application in which it referred to the Digital Asset Custody subsidiary it proposed in January, […] дальше »
2020-3-27 18:10 | |
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BitMax.io and Bithumb Korea Announce Strategic Partnership to Enhance Product Platform and Accelerate Global Expansion
BitMax. io, a Singapore-registered digital asset trading platform with a global footprint, and Bithumb Korea, a South Korean-based cryptocurrency exchange, are pleased to announce a strategic global paThe post BitMax. дальше »
2020-2-17 16:00 | |
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