2021-5-11 14:34 |
With crypto demand skyrocketing in South Korea, the government is looking to regulate digital assets, and the local market is feeling the pressure.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Crypto.com has postponed its foray into the burgeoning South Korean market due to regulatory issues
2024-4-23 16:51 | |
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The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly.
2024-4-15 17:00 | |
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South Korea's political elite, led by Rep. Kim Nam-kuk, found to be key players on crypto market
2023-12-30 19:15 | |
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Explore the upcoming regulations from South Korea's Financial Supervisory Service (FSS) aimed at bolstering virtual asset investor security. The post New Legislation Promises Improved Protection for South Korean Crypto Investors appeared first on BeInCrypto.
2023-12-12 04:03 | |
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Approximately 6 million South Koreans became crypto investors this year South Korean traders have a strong preference for altcoins and are less enthusiastic about major tokens South Korea haThe post South Korea: Assessing 2023's unique growth trends in the crypto market appeared first on AMBCrypto.
2023-10-27 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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National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred.
2023-5-9 22:00 | |
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Crypto.com has obtained two licences in South Korea after acquiring two startups in the… The post Crypto.com expands in South Korea following key acquisitions appeared first on CoinJournal.
2022-8-8 11:21 | |
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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.
2022-5-7 05:00 | |
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The recent news that the incoming South Korean president is planning to boost the country’s crypto industry is welcome news, particularly in light of the economic power of South Korea not just regionally but also globally.
2022-4-25 09:00 | |
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South Korean presidential candidates have started calling for changes in the crypto tax rules… The post Crypto tax rule will be decisive in South Korea’s upcoming election appeared first on Coin Journal.
2021-10-18 15:46 | |
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South Korea is known to host significant crypto trading activity. South Koreans were among the major players during the 2017 crypto boom. The country accounts for less than 1% of the world’s population.
2021-8-18 18:00 | |
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It is suspected to be a money-laundering operation for international players. While South Africa’s FSCA is looking into Africrypt, they don't have jurisdiction as crypto assets are not legally considered financial products.
2021-6-24 18:51 | |
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South Africa’s financial watchdogs are gearing up to introduce a crypto regulation framework in the country. A report unveiled this news on June 14, citing a position paper published by the South African Intergovernmental FinTech Working Group (IFWG) via the Crypto Assets Regulatory Working Group (CAR WG).
2021-6-15 18:48 | |
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Strong retail interest in crypto has driven South African regulators to rethink how they classify cryptocurrencies.
2021-6-15 12:38 | |
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South Korea’s top financial regulator established dedicated crypto investigation teams across the country last week.
2021-4-19 11:35 | |
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South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments.
2021-3-31 09:30 | |
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The growing cost of compliance in South Korea could push smaller crypto businesses out of the country.
2021-3-25 12:53 | |
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The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.
2020-11-22 15:30 | |
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The government of South Korean is preparing to legislate crypto taxes by proposing a new amendment to the existing law.
2020-5-28 23:30 | |
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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.
2020-3-28 22:00 | |
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South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation.
2020-3-6 00:30 | |
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South Korea is working on legislation to tax crypto profits
2020-1-3 01:06 | |
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How the fast-growing South Africa could become the continent’s crypto leader?
2019-9-26 19:07 | |
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SAFCOIN, a South Africa-based cryptocurrency, in association with the Cancer Association of South Africa (CANSA) has kick-started the first-ever Crypto Pink Friday drive in order to raise awareness about breast and cervical cancer.
2019-8-31 01:00 | |
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The chairperson of the South Korean Financial Services Commission (FSC) has stated that he is in favour of a proposed reporting system for crypto exchanges operating in the nation. The regulations may serve to make digital currency trading platforms more transparent, as well as helping to protect against money laundering and other financial crimes.
2019-8-28 23:00 | |
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South Korea is a global crypto hot spot and its citizens are some of the most enthusiastic crypto traders in the world. The technology-focused country continues to adopt blockchain solutions with South Korea’s largest bank Kookin the latest to announce a new crypto initiative.
2019-6-19 22:30 | |
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South Korea has overcome last year’s cumbersome relationship with crypto trading as a result of its lack of clarity and consensus at different levels of government on the legal status of these activities.
2019-1-26 17:06 | |
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South Africa’s Reserve Bank (SARB) has taken a step forward in forming regulation for the crypto space, releasing a… The post South Africa’s Reserve Bank Releases Consultation Paper on Crypto Assets appeared first on Invest In Blockchain.
2019-1-23 08:50 | |
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South Africa’s reserve bank released a consultation paper that includes favorable recommendations and guidelines for the crypto asset industry in the country. However, the agency is not looking to treat Bitcoin and other digital currencies as ‘currency.
2019-1-23 01:28 | |
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Goldilocks found porridge that was just right. The SARB looks to do the same with South Africa's treatment of crypto asset providers.
2019-1-18 22:10 | |
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As the cryptocurrency industry reels under pressure due to the high number of crypto crimes and continued security threats, the Regulators urged the government of South Korea to bring in new legislation at the earliest.
2018-7-27 22:12 | |
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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.
2018-6-29 21:32 | |
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South Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country.
2018-6-29 16:55 | |
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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.
2018-6-29 16:34 | |
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Not Really Your FaultPhone Porting Pretty basic: Scammers hijack people’s mobile accounts by calling their carriers and impersonating them. The thieves get their victims’ numbers transferred to new devices and ultimately gain access to crypto accounts.
2018-6-29 14:02 | |
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To approach the fourth industrial revolution, South Korea has to drop that ICO ban
2018-6-29 13:47 | |
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FOMO Moments Crypto land is in pain; Bitcoin Cash, EOS, Cardano and Monero are all hurting. The downward pressure has continued as the week draws to a close with markets plummeting further again today.
2018-6-29 08:04 | |
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South Korean crypto exchange Bithumb has announced the 11 cryptocurrencies stolen in last week’s theft and the amount of each coin missing. A compensation plan has also been unveiled for the equivalent value of the lost coins in an undetermined cryptocurrency.
2018-6-29 04:55 | |
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South Korea’s Financial Services Commission released new AML guidelines that require crypto exchanges to conduct proper customer ID due diligence
2018-6-29 21:55 | |
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Hacked South Korea crypto exchange Bithumb has lowered the estimated amount of money lost in the hack from 35 billion won (about $31 million) to 19 billion won (about $17 million), according to a support announcement Thursday, June 28.
2018-6-28 18:23 | |
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As previously reported by CoinDesk, Bithumb, one of the largest crypto exchanges in South Korea and the world by trading volume, was hacked on June 20 – an event that saw 35 billion Korean won ($31 million) in various cryptocurrencies stolen.
2018-6-28 16:50 | |
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One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to anticipate. The South Korean crypto […]
2018-6-27 17:00 | |
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Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.
2018-6-27 12:40 | |
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At the time, the popular South Korean cryptocurrency exchange tentatively announced a “cyber intrusion” that saw the loss of $40 million worth of cryptocurrencies. If that wasn’t enough, on June 20, Bithumb – South Korea’s largest by trade volume – also announced a major security breach in which $31 million was reported to be lost. No strangers to
2018-6-27 00:48 | |
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Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.
2018-6-26 20:35 | |
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Insurance companies in South Korea are not very forthcoming in providing insurance for crypto exchanges in the country. Despite being the nation with the most prolific cryptocurrency users, exchanges and thriving digital assets business, insurance companies in South Korea are wary of providing coverage for Crypto Exchanges.
2018-6-26 19:06 | |
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Is it me, or has ‘South Korea’ become a byword for ‘poor cryptocurrency exchange security’? It seems that of late, cryptocurrency exchanges in South Korea are surrounded by security issues that are seeing very large-scale hacks take place, hacks that have allowed for the theft of tens of millions of USD worth of crypto-assets.
2018-6-26 16:30 | |
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Recently, we are seeing more and more news from Jersey, a British island situated off the south coast of England, wedged between northern France in the English Channel. Quite an idyllic location by all accounts, not that I’ve been myself.
2018-6-26 15:30 | |
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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.