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Crypto exchange BitMEX grants $150,000 to Korean Bitcoin developer
Crypto exchange BitMEX announced a one-year grant extension for Bitcoin developer Calvin Kim yesterday, it shared in a blog post. The post Crypto exchange BitMEX grants $150,000 to Korean Bitcoin developer appeared first on CryptoSlate. дальше »
2021-6-2 19:00 | |
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Bank account flows for South Korean crypto exchanges surge 40% since 2020
Upbit exchange paid 10 times more in fees to South Korean internet bank K bank Q1 2021 than in the previous quarter.
дальше »2021-6-1 12:01 | |
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South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. дальше »
2021-6-1 13:00 | |
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South Korean crypto exchange Korbit launches NFT marketplace
Korbit, a South Korean crypto exchange, has announced the launch of its new NFT marketplace service. Firstly, any Korbit user can join the marketplace and participate in auctions after creating an Ethereum-based NFT wallet. дальше »
2021-6-1 11:10 | |
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South Koreans lost $5 billion to crypto crimes in the past four years
South Korean police arrested 14 people involved in a cryptocurrency fraud case totaling $3. 5 billion earlier this month, bringing the country’s losses to $5 billion in the last five years, reported the South Korean daily newspaper Hankyoreh on the 26th. дальше »
2021-5-28 19:00 | |
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BoK says leveraged crypto trading poses a threat to the banking system
The Bank of Korea (BoK) has come out to warn that the increasing cases of leveraged crypto trading by South Korean citizens pose a significant threat to the country’s financial system. A report unveiled this news on May 27, citing remarks from BoK’s governor, Lee Ju-yeol, who spoke after a monetary policy committee meeting yesterday. дальше »
2021-5-28 18:31 | |
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Korean students say crypto trading gives them stress, causes insomnia
Blinded by the promise of fast cars, luxury hotels, and stacks of dollar bills, young Koreans turned to crypto trading as a means of building wealth but ended up with the exact opposite, reports local daily The Korea Times. дальше »
2021-5-26 19:00 | |
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South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average
As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global crypto market prices have increased across the board on Monday. дальше »
2021-5-24 17:54 | |
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South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country
Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he had made investments in virtual currencies publicly. дальше »
2021-5-22 01:30 | |
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South Korean Deputy Prime Minister Eases Anti-Crypto Rhetoric, Aims to Create More Domestic Market Opportunities
The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics. дальше »
2021-5-21 05:30 | |
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South Korea’s Capital Flow Control Enabling Kimchi Premium, Says BoA
With the Kimchi premium back in the South Korean market, the Bank of America (BoA) believes that the persistent premium is as a result of the government’s capital flow control policy. Kimchi Premium Persists Because of Capital Flow Control According to Reuters on Tuesday (May 18, 2021), BTC price on Tuesday was $4000 higher thanRead More дальше »
2021-5-19 15:00 | |
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Samsung the Latest to Embrace Crypto By Adding Ledger Wallet Service
Earlier today, Samsung Electronics announced that its users can now access and trade cryptos directly on its Galaxy smartphones. This latest update from the Korean conglomerate will allow crypto traders and blockchain users to process transactions by transferring cold storage wallets to the Samsung Blockchain. дальше »
2021-5-14 07:08 | |
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South Korean Banking Association Concerned Over Surge of the Altcoin Trading Frenzy
A banking association in South Korea recently added weight to regulatory discussions across the country, raising concerns about the high altcoin trading volume. The Korea Federation of Banks (KFB) requested its members to audit trading volumes through their crypto exchanges’ customers’ altcoin activity. дальше »
2021-5-12 10:00 | |
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South Korea To Monitor Cryptocurrency Phishing Due To High Phishing Reports
South Korea's Ministry of Science and ICT is working with the Korean National Police Agency to bust the growing crypto phishing websites through a new system, Yonhap reports. This follows a rise in phishing attempts targeting crypto users. дальше »
2021-5-11 20:05 | |
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Korean banks sound alarm as altcoins volumes grow in the country
The Korea Federation of Banks (KFB) has recently urged its members to estimate the total number of altcoins their crypto exchange clients are offering to measure risks associated with them, local outlet The Korea Herald reported yesterday. дальше »
2021-5-11 19:00 | |
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South Korean Company Crypto Holdings Pass 10 Billion Won
Local media outlets report that several well-known South Korean companies are holding cryptocurrencies as intangible assets, demonstrating the growth of the market. The post South Korean Company Crypto Holdings Pass 10 Billion Won appeared first on BeInCrypto. дальше »
2021-5-10 10:51 | |
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South Korea to Crack Down on Phishing Websites Attacking Crypto Users
South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users. дальше »
2021-5-10 06:45 | |
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Digital Currency Group Makes Strategic Investment in South Korean Cryptocurrency Exchange Operator Streami
DCG previously participated in Streami’s pre-series A round in 2016 South Korean blockchain company… The post Digital Currency Group Makes Strategic Investment in South Korean Cryptocurrency Exchange Operator Streami appeared first on Coin Journal. дальше »
2021-5-8 12:17 | |
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Digital Currency Group invests in South Korean crypto exchange company Streami
CryptoNinjas » Digital Currency Group invests in South Korean crypto exchange company Streami South Korean blockchain company Streami, today announced that Digital Currency Group (DCG) has made an investment in the company, becoming its second-largest shareholder. дальше »
2021-5-7 19:18 | |
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Korean crypto exchanges could face harsh laws if new proposal is passed
The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital assets and increase their liability in case of a hack, local news outlet Naver reported today. дальше »
2021-5-7 19:00 | |
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South Korean Police Raid Crypto Exchange Allegedly Involved in a $214M Multi-Level Marketing Fraud
Authorities in South Korea have launched a major raid against a domestic crypto exchange allegedly involved in a millionaire multi-level marketing (MLM) fraud. The police accuse V Global platform of running an illicit operation that reportedly stole hundreds of millions of dollars from investors. дальше »
2021-5-6 09:00 | |
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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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Dogecoin volumes in Korea exceeded those of its entire stock market yesterday
South Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows. The post Dogecoin volumes in Korea exceeded those of its entire stock market yesterday appeared first on CryptoSlate. дальше »
2021-5-5 19:00 | |
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Bitcoin and Ether Aren’t the Top Traded Crypto’s on Binance Or the Biggest South Korean Exchange
DOGE is the one that is yet again leading the market, closing in on a $100 bln market cap, and is accounting for 41. 55% of Upbit’s overall volume, which is also more than Coinbase Pro’s entire volume. дальше »
2021-5-5 17:46 | |
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Survey: South Korean Investors Welcome Controversial Crypto Tax Law
A new survey has revealed that a majority of South Korean investors support the proposed crypto tax law set to be unveiled next year. 53. 7% Support Crypto Gains Tax According to a recent survey sponsored by local television station YTN, many South Korean crypto investors support the government’s move to tax crypto gains. дальше »
2021-5-4 19:43 | |
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‘Extremely Bullish On Bitcoin’ – South Korean Gaming Giant Nexon Invests $100M In Bitcoin
While some companies strategically await a hike in Bitcoin’s price to seal the deal and key them into accumulating, the South Korea Gaming giant Nexon has quickly swept in a whopping $100 million worth of Bitcoin. дальше »
2021-4-29 21:32 | |
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Young Koreans hooked on Bitcoin trading sparks “crypto addiction” fears
An article today from the leading South Korean newspaper Chosun Ilbo detailed the phenomenon of obsessive Bitcoin tracking and mentioned the impact of price fixation on the lives of young Koreans, even to the point of interfering with their work commitments. дальше »
2021-4-29 19:00 | |
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South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto Comments
As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of the country’s Financial Services Commission (FSC). дальше »
2021-4-28 11:30 | |
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Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC)
South Korean–Japanese game maker Nexon today announced a $100 million investment in Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as per a release. The post Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC) appeared first on CryptoSlate. дальше »
2021-4-29 11:16 | |
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Korea weighs delaying crypto taxation laws to appeal to young voters
South Korean officials are in talks to delay a crypto taxation law scheduled for later this year, as per a report by local daily Hankyung today. The post Korea weighs delaying crypto taxation laws to appeal to young voters appeared first on CryptoSlate. дальше »
2021-4-27 19:00 | |
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South Korean Prime Minister nominee to look into controversial crypto tax law
South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county.
дальше »2021-4-27 12:38 | |
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Korean Financial Authority Launches Crypto Investigation on Employee Investments
The Korean Financial Services Commission, South Korea’s financial regulator, has launched an internal investigation relating to crypto investments by employees. Local media outlet Yonhap News reported on April 26 that the FSC will receive reports on the investment status of employees until May 7. дальше »
2021-4-26 12:01 | |
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Korean tax officers seize $22M in crypto directly from exchange accounts
South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday. дальше »
2021-4-25 03:33 | |
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Opposition to Crypto Tax Plans Gaining Momentum in South Korea
The South Korean government has seen a swell in opposition towards plans to levy taxes next year against crypto trading. The post Opposition to Crypto Tax Plans Gaining Momentum in South Korea appeared first on BeInCrypto. дальше »
2021-4-24 11:03 | |
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Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits
South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s middle class to profit from the crypto market, even with very successful stories. дальше »
2021-4-24 07:30 | |
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Korean minister says all 200 crypto exchanges in the country face a risk of closing down
Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun. дальше »
2021-4-22 19:00 | |
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South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’
The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government. The latest reports suggest that the country is planning to regulate international remittances tied to kimchi premium-driven transactions. дальше »
2021-4-22 03:30 | |
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South Koreans to Face Tougher Crypto Laws to As Regulators Tackle Cases of Money Laundering
The South Korean financial authorities are tightening up regulations in a bid to combat illegal transactions and money laundering. The post South Koreans to Face Tougher Crypto Laws to As Regulators Tackle Cases of Money Laundering first appeared on BitcoinExchangeGuide. дальше »
2021-4-21 23:51 | |
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South Korean authorities tighten grip on crypto regulations in the country
South Korean regulatory authorities recently met to discuss a clampdown on illegal cryptocurrency transactions in the country. The focus of the discussion is the potential use of cryptocurrencies in money laundering as well as the volatility of digital assets. дальше »
2021-4-19 15:08 | |
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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 Korean City Threatens to Seize Cryptos From Tax Evaders
Crypto tax evasion is becoming a hot potato for the authorities in some Asian countries, such as Japan and South Korea. A South Korean city is now actively fighting against tax evaders who are suspiciously reporting meager earnings in their filings. дальше »
2021-4-16 01:30 | |
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Former South Korean Social Media Giant in Talks ‘With Major Gaming Companies’ to Implement Its Crypto
A former South Korean social media giant is still keeping alive its promise to relaunch its business with the help of the cryptocurrency industry. A local media outlet reported that Cyworld is in talks with “major gaming companies” that involve crypto-related ventures. дальше »
2021-4-15 05:30 | |
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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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Bitcoin Hits a New ATH Above $63,000 & Ether $2,200 Amidst Extreme Excitement & Wariness About Coinbase IPO
The crypto market is either hyper bullish or bearish of the direct listing of the largest US crypto exchange on Wednesday while BTC, after a month from last high and trading above $72k on Korean exchanges, and Ether both hit a new ATH. дальше »
2021-4-13 15:28 | |
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South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’
Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. дальше »
2021-4-10 06:30 | |
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