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Where Are They Now?: South Korea Prohibits ICOs, Keeps Crypto-Exchanges and Adopts Blockchain
In the global blockchain regulation race, there are a number of battlegrounds where the technology, or at least facets of it, are debated with intense fervor. South Korea is most certainly one of those nations where blockchain contention runs deep. дальше »
2018-12-31 04:00 | |
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National Assembly of South Korea has held crypto regulation debate with local crypto exchanges
The National Assembly of South Korea has held a crypto regulation debate arranged by major local cryptocurrency exchanges, Cointelegraph reported. The topics of the debate were proposed by seven crypto exchanges – Bithumb, CobitCoin, Coinone, Upbit, Gopax, Coinplug and Hanbitco. дальше »
2018-12-11 13:03 | |
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Constitutional Appeal Expected to Be Filed by Presto Blockchain Startup Against South Korea’s ICO Ban
Every country is handling the regulation of cryptocurrencies in a different way. Some of them have been incredibly welcoming, providing regulation that clearly describes the proper usage and issuance of digital assets, while others have decided to completely ban cryptocurrencies. дальше »
2018-12-10 03:52 | |
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Nydia Zhang of the Social Alpha Foundation: Using the Blockchain for Good
As chairman and co-founder of the Social Alpha Foundation (SAF), Nydia Zhang has left a solid mark on the blockchain and cryptocurrency space, though, as a young art student at the University of Washington in 2011, blockchain was far from the direction she saw her life taking. дальше »
2018-12-6 18:13 | |
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South Korea’s FSS Watchdog Warns 2 Banks for Lack of Crypto Trading AML Regulation Management
As South Korea has come in to the cryptocurrency market, they have been fairly strict about the regulations that exchanges and investors must adhere to. However, as the Financial Supervisory Service (FSS) has reviewed the local financial institutions, they have found that two major domestic banks are not doing their part in anti-money laundering (AML) […] дальше »
2018-12-5 03:28 | |
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Crypto Regulation Roundup: More Cryptocurrency Control Urged in South Korea and Thailand, France Plans to Ease Crypto Taxes
South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent them from being used to fund terrorism. дальше »
2018-11-9 00:00 | |
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Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange
Aiming to create an SEC and FINRA-compliant U. S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals. дальше »
2018-11-1 19:06 | |
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Hong Kong’s Securities Regulation Says Complete Crypto Exchange Ban is Overkill
Hong Kong: Total Ban on Crypto Exchanges Unnecessary Hong Kong’s Securities and Futures Commission (SFC) is reacting to the high interest in cryptocurrencies such as bitcoin, by imposing regulations on the sector. дальше »
2018-10-15 18:58 | |
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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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South Korea: Ruling Party Lawmakers Urge Government to Go Ease on ICO Regulation
According to a report by Business Korea, South Korea’s ruling Democratic Party lawmakers Min Byung-doo and Roh Woong-rae are spearheading an initiative to convince the government to reverse the ban on initial coin offerings (ICOs) enacted in Sept. дальше »
2018-10-7 20:59 | |
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South Korean Regulators Discuss Proposals for ICO Legislation
Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. дальше »
2018-10-6 08:15 | |
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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation
Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States. дальше »
2018-10-4 20:51 | |
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Major US Crypto Exchange Gemini to Expand to UK, Improvement For Europe
For many years, the crypto exchange market of Europe has lagged behind the US, Japan, and South Korea in terms of infrastructure, regulation, security, and liquidity. According to FT, two sources close to Gemini have stated that the major US-based crypto exchange has hired advisers to consult the company in the process of expanding into. дальше »
2018-9-24 11:06 | |
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China Blocks Access to Over 120 Offshore Digital Currency Exchanges
China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers. дальше »
2018-8-24 00:24 | |
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South Korea: ICOs and Blockchain Top Priority for Ongoing ‘Extraordinary’ Meeting
The South Korean National Assembly has kickstarted an “extraordinary” meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported. дальше »
2018-8-23 03:00 | |
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South African Revenue Service (SARS) Intensify Efforts to Clampdown on Cryptocurrency Tax Evaders
Since implementing the cryptocurrency tax regulation back in April 2018, the South African Revenue Service (SARS) appears not to be satisfied with the level of tax remittances by cryptocurrency investors in the region. дальше »
2018-8-21 12:00 | |
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Binance CEO talks about the company’s growth and the South Korean cryptocurrency market
In the recently concluded Blockchain Partners Summit 2018, Chanpeng Zhao “CZ”, the CEO of Binance touched upon the company’s growth story, the Binance perspective and the regulation of cryptocurrency rules in countries. дальше »
2018-7-28 13:13 | |
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South Korean Regulator Compels Lawmakers to pass the crypto bill urgently
Regulation South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. Japan Confirms Entrance Into the Crypto Space Crypto Law Urgently Needed South Korea’s top financial regulator, the Financial Services Commission (FSC), has urged lawmakers to “pass the country’s дальше »
2018-7-28 11:06 | |
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South Korea’s FSC Urges Legal Crypto Regulation to Combat Hacks and Theft
Representative of South Korea FSC Urges Crypto Regulation, As Hacks and Theft Increase South Korea has been both praised for and concerned about when it comes to cryptocurrencies. The former is due to its growing number of crypto exchanges. дальше »
2018-7-27 12:56 | |
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Korea Needs To Establish Cryptocurrency Regulations, Now
Cryptocurrency fraud and crime is rife in South Korea. This year alone with have seen countless reports of fraud and hacks taking place within the country in instances that could have otherwise been stopped with adequate regulation. дальше »
2018-7-27 00:30 | |
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Crypto regulation agreement: A joint effort by South Korea and China
In a new initiative, South Korea is working towards an organizational change that would create a dedicated department for establishing and regulating crypto policies with the crypto regulation agreement. дальше »
2018-7-24 23:15 | |
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South Korea to Establish Digital Currency Policy-Making Department
South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising Technology “Leads Financial Innovation” As reported on The Korea Times, the country’s Financial Services Commission decided after careful consideration of the burgeoning blockchain industry and a crucial need for regulation to […] The post South Korea to Establish Digital Currency Policy-Making Department appeared first on CryptoSlate. дальше »
2018-7-23 09:00 | |
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South Korea’s Crypto Regulation Overhaul: New Bureau, Agreement With China
Regulation South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. In addition, an agreement with Chinese authorities relating to crypto and initial coin offerings has also been reached. дальше »
2018-7-23 07:51 | |
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South Korea’s Crypto Regulation Shakeup: New Bureau, Agreement With China
South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. A bureau dedicated to financial innovations that include cryptocurrencies is being set up. дальше »
2018-7-23 06:45 | |
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G20 Economics Group Want To See Worldwide Cryptocurrency Regulation
G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union. дальше »
2018-7-16 18:30 | |
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Cryptocurrencies are the ‘future of money’: The United States Congress
On 14th July, The United States House of Representatives has gone so far as to say that digital currencies are the ‘future of money’. This latest development comes in the wake of countries such as South Korea, Malta, and Switzerland adopting and implementing clear regulation for the $250 million cryptocurrency market. The United States will begin […] дальше »
2018-7-15 12:15 | |
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South Korean Regulators to Introduce New Cryptocurrency-Related Proposals This Month
A lot of things are changing in South Korea’s cryptocurrency ecosystem. With all major exchanges adhering to self-regulation, the government has bought additional time prior to introducing official guidelines. дальше »
2018-7-14 19:00 | |
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South Korea to Simplify Blockchain Investment With New Legislative Changes
Regulation overhauls this week see South Korea aim to simplify blockchain investment
дальше »2018-7-13 17:21 | |
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New Bills On Cryptocurrency Regulation Expected From South Korea
The stage is set for the debate over cryptocurrency and blockchain legislation in South Korea.
дальше »2018-7-12 21:49 | |
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More crypto regulation coming to south korea
According to the recent annoncement made by South Korea’s Financial Services Commission (FSC), the main financial agency of South Korea, the new anti-money-laundering and know-your-customer rules for crypto exchanges will come into force on July 10, 2018, and will be actual for one year. дальше »
2018-6-30 00:15 | |
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South Korea Further Advances Crypto Regulation
South Korea’s Financial Services Commission has revealed its new anti-money-laundering and know-your-customer rules for for crypto exchanges. The post South Korea Further Advances Crypto Regulation appeared first on CoinSpeaker. дальше »
2018-6-29 21:32 | |
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Its Stance on Crypto To Become Blockchain Haven South Korea Reviews
Brief history of crypto regulation in South Korea South Korea has been closely regulating the crypto industry. The demand for crypto was so high that cryptocurrencies were traded at prices more than 30 percent higher than in other countries. дальше »
2018-6-29 16:34 | |
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South Korean Firms Flock to Singapore for ICO Purposes
Even though the initial coin offering industry has attracted a lot of attention, it is also a problem. Especially when it comes to regulation, the opinions on ICOs are quite divided. With South Korea still banning this activity, a fair few domestic firms are organizing ICOs in Singapore due to its regulatory-friendly climate. Singapore Welcomes […] дальше »
2018-6-26 21:00 | |
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Bitcoin, Ethereum Slide Back in to Red as Market Reacts to Japanese Regulation, South Korean Tax Confusion
The cryptocurrency market has swung violently back into the red due to a series of regulatory movements from Asia, spooking skittish market participants. Bitcoin and Ethereum plummeted by almost 10% as Japanese regulators crack down on exchange action. дальше »
2018-6-23 02:13 | |
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Korea begins probe into crypto-currency hacking attacks
Regulation Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it has formally launched an investigation into the cause of the alleged security дальше »
2018-6-22 09:11 | |
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Multiple Crypto Exchange Hacks Lead to Detailed Plans Made by Korean Government
Regulation Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges. дальше »
2018-6-21 07:04 | |
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Korean crypto exchanges step up to aml compliace. Banks are burning out
Regulation As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. дальше »
2018-6-18 10:37 | |
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