2023-9-4 22:36 |
South Korea plans new legislation and a cybersecurity committee to combat North Korean crypto theft and strengthen digital defenses
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South Korea has set a new reserve requirement for crypto exchanges, mandating them to have at least $2.3 million in reserves. Cryptocurrency exchanges in South Korea with bank-issued real-name accounts will have to reserve 30% of their daily average deposits…
2023-8-29 10:20 | |
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South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain a minimum reserve of 3 billion won ($2. 3 million). This move comes as South Korea seeks to fortify consumer protection in the crypto domain.
2023-8-29 23:00 | |
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The FBI has warned cryptocurrency firms to scrutinize their blockchain data for wallets linked to the theft of hundreds of millions in crypto by North Korea's TraderTraitor-affiliated actors. The post FBI Issues New Warning To Crypto Firms About North Korean Hackers appeared first on BeInCrypto.
2023-8-24 02:37 | |
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South Korea, known for its tech-savvy populace and a strong inclination towards crypto investments, has thrown a new trend into the spotlight concerning XRP. A recent report from the South Korean news outlet News1 Korea indicates that the nation’s Generation Z (GenZ) displays a marked preference for altcoins, most notably XRP, over the more established […]
2023-8-24 00:00 | |
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North Korea's chronic cyberespionage isn't slowing down, according to a new analysis. The post North Korean Crypto Hacks Aren’t Slowing Down, Reports Say appeared first on BeInCrypto.
2023-8-10 19:30 | |
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The Financial Intelligence Unit recently held a meeting regarding this action. Five major crypto exchanges attended the meeting and shared what measures they have taken to address crypto crime.
2023-7-27 16:30 | |
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South Korea has launched the Joint Investigation Center for Crypto Crimes to fight escalating cryptocurrency misconduct. The investigation team will comprise 30 individuals from the customs, tax, financial, and judicial agencies.
2023-7-27 20:13 | |
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Superblock, a contributor to Over Protocol, has raised $8M in two fundraising rounds from well-known businesses and VCs in South Korea. SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ were among the investors.
2023-7-21 18:08 | |
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Superblock, a contributor to Over Protocol, has raised $8 million from prominent companies and VCs in South Korea across two funding rounds. Investors included SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ.
2023-7-22 15:00 | |
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Shiba Inu (SHIB) has scored a new listing: In the crypto space, fortunes can change overnight with a single exchange listing announcement. Riding the waves of its latest achievement, Shiba Inu (SHIB) has now secured a spot on Coinone, one of South Korea’s largest and most esteemed crypto exchanges.
2023-7-20 15:25 | |
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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.
2023-7-20 12:30 | |
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Shiba Inu collects set as SHIB achieves new listing on Coinone of South Korea
2023-7-20 12:25 | |
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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.
2023-7-13 19:00 | |
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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.
2023-7-12 17:00 | |
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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.
2023-7-4 11:12 | |
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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.
2023-6-30 21:50 | |
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Over one year after the collapse of Do Kwons Terra empire, South Korea is taking decisive action. The government has passed a groundbreaking piece of legislation, the Virtual Asset User...
2023-7-1 18:16 | |
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“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.
2023-7-1 16:40 | |
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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.
2023-7-2 15:39 | |
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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.
2023-6-30 15:39 | |
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In a unanimous decision, South Korean lawmakers have passed a new bill mandating public officials and candidates to disclose their cryptocurrency holdings starting in 2024.
2023-5-25 18:56 | |
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Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously passed by lawmakers and ratified on Thursday, 25 May. Strict rules around crypto holdings for public officials come after a scandal where one Kim Nam-kuk was said to have held $4.
2023-5-26 17:22 | |
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The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.
2023-5-24 13:42 | |
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Ripple secures major wins, the number of staked ETH soars to a new ATH, crypto adoption sees an uptick amid ongoing regulatory considerations
2023-5-22 20:45 | |
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A murder case in Seoul over crypto assets compelled lawmakers to push for stronger crypto regulation. The new proposed bill combines 19 distinct crypto-related policies into a single bill.
2023-5-18 16:00 | |
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Sumsung (KRX:005930), one of the biggest companies in the world, is considering launching a digital currency that will work with its galaxy devices. The central bank digital currency (CBDC) will be launched in collaboration with Bank of Korea, South Korea’s central bank.
2023-5-18 15:21 | |
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Coinspeaker Samsung to Work with Bank of Korea for Offline CBDC Payment Using NFC Samsung and BOK will continue to explore new ways of developing a CBDC ecosystem and leverage the NFC technology to power offline CBDC payments.
2023-5-15 13:47 | |
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The troubled co-founder of Terraform Labs responds with a plea of not guilty to new charges, this time in relation to alleged passport fraud in Montenegro. He also faces more serious charges in the United States and his home of South Korea.
2023-5-12 20:20 | |
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A new report on the growth of the Metaverse in South Korea highlights the burgeoning interest in the metaverse within the country. As the industry continues to grow, this report provides valuable insights into the size, trends, and dynamics of the South Korean metaverse market.
2023-5-5 17:58 | |
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The Terraform Labs CEO is now facing fraud charges in South Korea, the Securities and Exchange Commission and federal prosecutors in New York.
2023-3-24 01:27 | |
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2023-3-21 22:37 | |
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The South Korean government is doubling down on its commitment to the metaverse, with the creation of the Metaverse Fund. South Korea is creating a new fund to assist the growth and development of the metaverse.
2023-3-13 12:39 | |
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A new meme coin, MTL, is gaining popularity in the cryptocurrency world, with its trading volume soaring on South Korea's Upbit exchange
2023-2-20 09:33 | |
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Coinspeaker South Korea Issues Guidelines on Security Tokens Ahead of New Regulation The government of South Korea is very open to crypto as an asset class. South Korea Issues Guidelines on Security Tokens Ahead of New Regulation
2023-2-6 13:51 | |
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The world’s largest cryptocurrency exchange, Binance, has always been used to making it to the headline most times for its new acquisition. Today’s news is no different as Binance is set to return to South Korea’s crypto market, given its stake in the troubled South Korea-based cryptocurrency exchange GOPAX. Binance shut down its operations in […]
2023-2-4 15:30 | |
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With the new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi.
2023-2-4 13:31 | |
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South Korean authorities contemplate the outcome of new bill around listing of cryptocurrencies However, South Korean regulators were divided on the idea As per a local news report from The post South Korea contemplates control over crypto listings after... appeared first on AMBCrypto.
2022-12-13 01:00 | |
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South Korea's Ministry of Science and ICT has released a new set of ethical guidelines to reduce crime on the Metaverse.
2022-11-30 12:38 | |
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Introducing SlateAsia, a new podcast from CryptoSlate focusing on the Asian markets within the crypto industry. The post FTX hits Asian markets hard as Korea, Hong Kong, Taiwan investors devastated – SlateAsia #1 appeared first on CryptoSlate.
2022-11-29 18:45 | |
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Troubled cryptocurrency mixer, Tornado Cash problems keeps going from bad to worse. The U. S Treasury now has amended sanctions highlighting its role in North Korea’s nuclear weapons program. The post Tornado Cash Sanctions By U.
2022-11-9 12:08 | |
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Everscale continues its expansion into Asian markets, this time with a focus on South Korea, as it adds two new leaders to its marketing and business development efforts. The network has added movie star Chohee Oh and consulting expert Young Joong Im as an ambassador and an advisor for the emerging South Korean market.
2022-10-28 13:00 | |
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North Korea seems to be using hacked funds to finance their new nuclear adventures. This is according to a new investigation that involves U.S. Intelligence. The post North Korea Uses Crypto Hack Funds to Develop Nuclear Weapons appeared first on BeInCrypto.
2022-10-12 04:59 | |
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On Monday, car manufacturer Renault Korea Motors and the Sandbox Metaverse jointly launched a new partnership to underpin the unique digital experiences for their customers by harnessing the power of emerging technologies.
2022-9-6 00:00 | |
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South Korea is looking to impose a new sort of tax on cryptocurrencies. The East Asian country has remained on the news within the crypto space of late as it seeks to institute proper regulation of the nascent industry.
2022-8-30 20:11 | |
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Do Kwon, the disgraced founder of the once multi-billion dollar Terra ecosystem, has hired new lawyers in South Korea to prepare for a legal brawl in light of an investigation by the Seoul Southern District Prosecutors Office.
2022-8-18 00:26 | |
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Kwon and Terraform Labs are facing multiple lawsuits following Terras collapse in May. Terra’s Do Kwon Reportedly Enlists New Lawyers Do Kwon has hired a new team of lawyers in...
2022-8-18 17:01 | |
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Iskra took the stage at Korea Blockchain Week, outlining their vision of game publishing in the era of Web3. “The technology is now available for...
2022-8-13 18:01 | |
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The head of the country's Financial Services Commission said 13 bills related to virtual assets are to be debated in parliament, a local news outlet reported.
2022-8-11 13:55 | |
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Hackers from North Korea has reportedly found a new victim in DeBridge Finance, a cross-chain interoperability and liquidity transfer protocol, multiple sources disclose, Saturday. Based on DeBridge’s initial assessment, the attempted cyberattack likely originated from the notorious North Korean hacking syndicate, Lazarus Group.
2022-8-7 13:51 | |
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The AIOZ Network's token has seen a significant surge in market value, climbing over 17% in the last 24 hours to trade at approximately $0.85.
Kraken’s CF Benchmarks achieves dominance in the crypto ETF market with $24 billion in reference data, gears up for expansion amid unprecedented demand surge. CF Benchmarks, a branch of the cryptocurrency exchange Kraken, is making big gains from this year’s…
South Korean regulators are proactively addressing the rise in crypto crimes by considering establishing a permanent investigative unit.
South Korea, a nation long enamored with cryptocurrency, is tightening its belt on the digital asset frontier. Faced with a surge in crypto-related crimes, the country is bolstering law enforcement and implementing its first-ever comprehensive crypto regulation, set to take effect in July 2024.
Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic decision came just six days before the planned launch, and according to the report, this delay is due to the company’s need for more comprehensive engagement with local regulatory bodies. Related Reading: South Korean […]
The Singapore-based exchange is postponing its expansion plans for South Korea, citing the need to communicate with regulators. The post Crypto .com postpones expansion plans for South Korea, talks with regulators appeared first on Crypto Briefing.
The firm maintains the "highest" anti-money laundering standards in the industry, it said in a statement to CoinDesk.