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Terraform appoints new CEO as Do Kwon remains in jail
Do Kwon is facing charges in both South Korea and the U.S., with both countries seeking his extradition. Amani expressed hope that Terra could be resurrected with new projects. As per a receThe post Terraform appoints new CEO as Do Kwon remains in jail appeared first on AMBCrypto. дальше »
2023-7-20 12:30 | |
South Korean central bank charts out future course of payment systems, CBDC
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. дальше »
2023-7-20 00:40 | |
North Korea Stole $700 Million in Cryptocurrency – 30% of Its Foreign Currency Earnings
North Korea stole approximately $700 million in cryptocurrency in 2022 to fund its ballistic missile program, contributing 30% to the country's foreign currency income, according to South Korea’s National Intelligence Service. дальше »
2023-7-19 16:15 | |
Shinhan Bank, SCB TechX pilot cross-border stablecoin payments on the Hedera
Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances. The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the Thai Baht (THB), and the New Taiwan dollar (NTD). дальше »
2023-7-19 23:45 | |
South Korea’s Oldest Bank Completes Stablecoin Trial On Hedera Network
Shinhan Bank, one of the oldest banks in South Korea, has announced the successful completion of a stablecoin remittance test on Hedera’s open-source public network. This trial was carried out in collaboration with Siam Commercial Bank’s technology innovation business unit (SCB TechX), Taiwan’s largest financial institution, and other financial companies. дальше »
2023-7-18 22:00 | |
Hedera (HBAR) tapped by Shinhan Bank for stablecoin remittance solution
Hedera Network (HBAR) has been adopted by Shinhan Bank and Siam Commercial Bank for a distributed ledger technology-powered stablecoin remittance solution. Hedera, Shinhan Bank, and SCB join forces South Korea’s Shinhan Bank and Siam Commercial Bank’s tech innovation business arm… дальше »
2023-7-19 18:16 | |
Why crypto attracts South Korea like iron to magnets
South Korea was the third largest cryptocurrency market in the world at press time. In contrast to the 'Digital Gold' narratives in the west, the growth is largely based on the trading of cryptThe post Why crypto attracts South Korea like iron to magnets appeared first on AMBCrypto. дальше »
2023-7-15 14:30 | |
Coinbase pauses staking services in four US states following regulators' orders
According to the U.S. crypto exchange, only regulators’ actions in California, New Jersey, South Carolina, and Wisconsin require the pause in staking additional assets. дальше »
2023-7-15 01:07 | |
XRP Trading Volumes Hit $2.5B on South Korean Exchange UpBit
The trading volume of XRP against the Korean won was the highest among all other counterparts . дальше »
2023-7-14 12:16 | |
South Korea sets rules for clear accounting in crypto
The South Korea Financial Services Commission reviewed and approved the exposure draft for revising Corporate Accounting Standards to enhance transparency in crypto дальше »
2023-7-14 21:56 | |
South Korea To Implement New Accounting Rules For State’s Crypto Companies
The top financial regulator in South Korea has now mandated crypto-related companies to be more detailed in their financial statements. The new rule, which will kick off in January 2024, aims to boost transparency in crypto disclosures. дальше »
2023-7-13 19:00 | |
South Korea takes a stern stand on crypto with this new directive
The regulator was aiming to align crypto reporting standards in line with traditional financial reporting. South Korea has passed laws around crypto regulations in recent months. The South KThe post South Korea takes a stern stand on crypto with this new directive appeared first on AMBCrypto. дальше »
2023-7-12 17:00 | |
South Korean companies to disclose crypto holdings from 2024
Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial statements. The aim is to improve accounting transparency amongst companies operating in the country. дальше »
2023-7-12 15:17 | |
South Korea to ask firms to disclose crypto holdings from 2024
After initially mandating public officials to declare their crypto, the South Korean authorities now want all local firms to disclose such holdings. дальше »
2023-7-12 15:05 | |
Terra Co-Founder Faces Legal Proceedings In South Korea As 1st Hearing Unfurls
Terra’s legal trouble continues with South Korea’s Seoul Southern District Court conducting the initial preliminary hearing for Daniel Shin, the co-founder of Terraform Labs, along with seven other former Terra employees. дальше »
2023-7-10 13:00 | |
Elon Musk says that China is ‘going to be great’ at AI development
Tesla CEO Elon Musk expressed confidence in China’s ability to succeed in the field of artificial intelligence, the South China Morning Post (SCMP) said on July 6. Musk made his comments at the World AI Conference (WAIC), an event hosted by Chinese authorities to highlight Beijing’s AI ambitions. дальше »
2023-7-7 08:00 | |
Hashed Emergent to host the first multi-chain web3 conference in India
The conference will run from December 4 to December 10. The conference will include hackathons, side events, parties, a headline conference, and an ETHIndia hackathon. The conference is organized by Hashed Emergent, a subsidiary of Hashed, a prominent web3 venture fund from South Korea. дальше »
2023-7-7 18:47 | |
South Korean Regulator Sets Crypto Reporting Guidelines for Its Employees
South Korea's Financial Services Commission (FSC) has ordered its employees to report their cryptocurrency holdings. The move is part of the country's efforts to regulate the crypto market. The post South Korean Regulator Sets Crypto Reporting Guidelines for Its Employees appeared first on BeInCrypto. дальше »
2023-7-6 10:01 | |
South Korea to launch second phase of virtual asset legislation
In a move aimed at further strengthening regulations and protecting users in the crypto market, South Korean financial authorities are reportedly gearing up to initiate a research project for the second phase of the country’s virtual asset legislation. дальше »
2023-7-5 17:56 | |
South Africa to Require Crypto Licenses for Exchanges by 2023 End
South Africa plans to enforce licensing for crypto exchanges by the end of 2023, with potential actions against unlicensed operations including fines or closures. The post South Africa to Require Crypto Licenses for Exchanges by 2023 End appeared first on BeInCrypto. дальше »
2023-7-5 16:45 | |
South Africa announces deadline for crypto exchange licenses
Crypto exchanges operating without a license after 30 November could invite enforcement action. 9.44% of South Africa’s total population owned cryptocurrency. South Africa has announced a The post South Africa announces deadline for crypto exchange licenses appeared first on AMBCrypto. дальше »
2023-7-6 16:00 | |
South Korea prepares further crypto legislation focused on asset issuance, stablecoin regulation
South Korea’s financial authorities are preparing for the second phase of virtual asset legislation to regulate various aspects of the country’s crypto market, local media ChosunBiz reported on June 5. дальше »
2023-7-5 13:55 | |
Crypto Exchanges In South Korea Roll Out Volatility Monitoring System
A consortium of leading cryptocurrency exchanges in South Korea has introduced a system designed to notify users about price volatility and fluctuations in cryptocurrency prices. This initiative aims to provide users with timely information and alerts regarding the dynamic nature of cryptocurrency markets, helping them make informed decisions and manage their investments effectively. The newly […] дальше »
2023-7-5 22:30 | |
South Africa’s financial regulator to require licenses for crypto exchanges by year-end
The Financial Sector Conduct Authority (FSCA) of South Africa has made an announcement, stating that all cryptocurrency exchanges operating within the country must obtain licenses by the end of the year. дальше »
2023-7-5 20:14 | |
South Africa Imposes Year-End Licensing Deadline For Crypto Exchanges
In a move to regulate the fast-growing crypto industry, South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), has announced a year-end deadline for mandatory licensing of all crypto exchanges operating in the nation. дальше »
2023-7-4 16:30 | |
How Will South Korea’s New Digital Asset Regulations Affect Crypto Companies?
South Korea's National Assembly has passed its first standalone legislation for digital assets, the Virtual Asset User Protection Act, which establishes safeguards for crypto traders and users, and mandates supervision of virtual asset services providers. дальше »
2023-7-4 11:12 | |
South Korea Pioneers Crypto User Protection with Significant Legislation
In a landmark move, South Korea has passed a significant piece of legislation aimed at safeguarding users in the rapidly evolving cryptocurrency sector. The Virtual Asset User Protection Act, approved by the National Assembly, is set to revolutionize the crypto landscape in the country. дальше »
2023-7-3 14:19 | |
Haru Invest Fallout Spreads As Revix Withholds 24% of Crypto Asset Balance
South African crypto investment company Revix has announced it will be withholding 24% of customers’ crypto balances. This comes in the wake of one of its partners, Haru Invest, unexpectedly suspending all deposits and withdrawals on its platform. дальше »
2023-6-30 22:00 | |
South Korea passes new crypto legislation focusing on investor protections
The South Korean National Assembly passed the Virtual Asset User Protection Act on June 30 during a plenary session, local media SBS reported. The legislation combines 19 different crypto-related bills that aim to establish a regulatory framework for the industry and define digital assets that are securities. дальше »
2023-6-30 21:50 | |
Today’s Unprecedented Happenings in the World of Digital Assets
“Crypto Chronicles Unveiled: South Korea Enacts New Law to Safeguard Investors, Australia’s Crypto Association Urges Collaborative Efforts against Scams, and UK Crypto Bill Nears Final Approval” South Korea Takes a Stand: New Crypto Legislation Passed to Safeguard Fair Trading In a bid to shield cryptocurrency investors from potential setbacks like the recent Terra ecosystem incident […] Сообщение Today’s Unprecedented Happenings in the World of Digital Assets появились сначала на Coinstelegram. дальше »
2023-7-1 16:40 | |
Bitcoin Cash jumps to 14-month high amid South Korea volume spike
Bitcoin Cash has skyrocketed to a 14-month high above $320, hitting highs of $326 on Coinbase. BCH upside momentum has increased since Wall Street-backed EDX listed the coin alongside BTC, ETH and LTC. дальше »
2023-7-1 16:26 | |
South Korea enacts comprehensive laws to protect crypto users
South Korea’s National Assembly has officially approved new legislation to safeguard users of virtual assets and amend the country’s capital market law. It prohibits unjust trading practices and provides user protection. дальше »
2023-7-2 15:39 | |
South Korea enacts comprehensive laws to protect crypto users
South Korea’s National Assembly has officially approved new legislation to safeguard users of virtual assets and amend the country’s capital market law. It prohibits unjust trading practices and provides user protection. дальше »
2023-6-30 15:39 | |
South Korea passes cryptocurrency bill to tackle unfair trading
South Korea’s crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading. дальше »
2023-7-1 13:04 | |