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South Korea postpones digital asset law to 2026 amid stablecoin oversight dispute
South Korea's ruling Democratic Party is working to consolidate several lawmaker proposals into a revised digital asset bill. дальше »
2026-1-1 00:00 | |
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Cardano heads further south amid stablecoin launch. What holds for the token next?
The first stablecoin on Cardano (ADA/USD) has been launched. The USD-based stablecoin, iUSD, was launched by the decentralised synthetic asset issuance protocol, Indigo. The launch of iUSD comes two months after Cardano’s hard fork that allowed the building of dApps on the blockchain. дальше »
2022-11-23 20:27 | |
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ARGOS ID presents the World’s First Travel Rule Solution for Unhosted Wallets
Seoul, South Korea, 14th November, 2022, Chainwire ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage. дальше »
2022-11-14 10:52 | |
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South Korean regulators aim to toughen crypto fraud punishments
The legislation, separate from the upcoming Digital Asset Basic Act, may came into force already in 2023.
дальше »2022-11-1 12:55 | |
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South Africa Recognizes Cryptocurrencies as Financial Products
South Africa’s Financial Sector Conduct Authority (FSCA) has declared crypto assets as “financial products”, setting up the pace for the inclusion of the asset class under the country’s regulatory purview. дальше »
2022-10-22 14:58 | |
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Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’
Terraform Labs have described the South Korean prosecutor’s arrest warrant for its CEO Do Kwon as an overreach of their authorities, The Wall Street Journal reported September 28 Citing a Terraform statement, WSJ wrote that a spokesman for the firm claimed that the failed Luna crypto asset was not a security, so South Korea’s capital-markets law […] The post Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’ appeared first on CryptoSlate. дальше »
2022-9-29 00:46 | |
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South Korea Issues a Warrant of Arrest for Do Kwon, CEO’s Assets Frozen
After the warrant for CEO Kwon Do-arrest was issued in September, he abruptly transferred approximately 3313 BTC (Bitcoin) to two overseas virtual asset exchanges. дальше »
2022-9-28 06:00 | |
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Do Kwon Issued Red Notice From International Police After $60 Billion Crypto Wipeout Mess
International Police (Interpol) has issued a red notice on Do Kwon, Terra Labs co-founder, according to the information given by South Korean law enforcement officers. South Korea says Do Kwon is to blame for the $60 Billion digital asset wipeout… дальше »
2022-9-26 13:50 | |
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LG Electronics Set to Launch Digital Asset Wallet Called Wallypto
A South Korean technology company, LG Electronics, has applied for a patent registration for its newly invented digital asset wallet code-named Wallypto which is currently being beta tested to limit system errors and crashes. дальше »
2022-9-3 23:30 | |
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Bitcoin Price Below Psychological Level $22,000; Is The Next Stop At $17,000?
Bitcoin price over the last 24 hours moved south on its four-hour chart. Very recently Bitcoin had rose above the $20,000 price mark but the bears failed to hold the asset at that price mark. In the last 24 hours, the coin was mostly consolidating on its chart. дальше »
2022-8-31 04:00 | |
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South Korean financial majors want to create virtual assets exchange in 2023: Report
Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to create the exchange. дальше »
2022-8-23 23:59 | |
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South Korea: Crypto-airdrops might soon be subject to Gift Tax
According to a report by South Korean news agency Yonhap News, virtual asset transfers for free are subject to gift tax. This, as per the guidance of the Ministry of Strategy & Finance in the couThe post South Korea: Crypto-airdrops might soon be subject to Gift Tax appeared first on AMBCrypto. дальше »
2022-8-22 16:25 | |
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South Korea mulls gift tax on airdrops, staking rewards, and hard-forked tokens
Despite postponing crypto gains tax to 2025, the South Korean Ministry of Strategy and Finance has today declared that virtual asset airdrops, hard forked tokens, and staking rewards will be subject to a gift tax under the Inheritance and Gift Tax Act. дальше »
2022-8-23 14:20 | |
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16 Crypto Platforms Face Suspension in South Korea Amid Crackdown
The Korea Financial Intelligence Unit (KoFIU) said that it has alerted the investigating authority about the illegal business activities of 16 unregistered Virtual Asset Service Providers (VASPs) operating in South Korea. дальше »
2022-8-19 22:00 | |
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Task Force to Expedite Review of South Korean Virtual Asset Bills
South Korea’s top financial regulator has assigned a task force to “expedite the review process of bills on virtual assets,” said its chairman Kim Joo-hyun. The post Task Force to Expedite Review of South Korean Virtual Asset Bills appeared first on BeInCrypto. дальше »
2022-8-12 18:00 | |
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What Do We Know About The Crypto.com Expansion Into South Korea
Crypto. com is one of the world’s fastest growing digital asset trading platform. It has recently spoken about its acquisitions in South Korea which would help in Crypto. com’s South Korea expansion plan. дальше »
2022-8-9 04:00 | |
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Crypto.com secures South Korea regulatory licenses with key acquisitions
Crypto. com has announced expansion into South Korea via the acquisition of two locally registered firms – the payments provider PnLink Co. and virtual asset platform OK-BIT Co. With the deals, Crypto. дальше »
2022-8-9 12:40 | |
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Korean crypto exchange KODA to use Uppsala to boost AML and threat detection
Uppsala, a blockchain security service provider for crypto AML/CTF, transaction risk management, regulatory compliance, and transaction tracking, has announced today that it has signed a contract to supply digital asset AML solutions to KODA (Korea Digital Asset), a South Korean crypto exchange. дальше »
2022-8-2 04:01 | |
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South African Central Bank to Look at Regulating Crypto
South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo has said "our view has changed" from five or six years ago when there was "no intent on regulating this from a currency point of view" to regarding crypto "as a financial asset that we hope to regulate." дальше »
2022-7-14 19:56 | |
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Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse
Local reports have confirmed that the South Korean government will launch a Digital Asset Committee this month in the wake of the Terra collapse. The post Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse appeared first on BeInCrypto. дальше »
2022-6-1 20:15 | |
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South Korea Toughens Up Security In Response To Terra’s Crash
According to Local media accounts, South Korea’s Financial Supervisory Service (FSS) has moved to standardize risk assessment for virtual assets, the FSS reported these details during the “Enactment of the Digital Asset Framework Act and Emergency Inspection of Coin Market Investor Protection Measures” conference. дальше »
2022-6-1 21:59 | |
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Terra faces litigation from South Korean investors over failed UST investment
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to local media reports. дальше »
2022-5-18 19:30 | |
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ICOs are coming back following sweeping crypto reforms in South Korea
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. дальше »
2022-5-7 05:00 | |
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Why Is South Korea Leading in Crypto?
Over the last few years, the astronomical growth in cryptocurrency prices facilitated the surge of crypto and blockchain technology adoption in a few key markets. South Korea is one of them. The nation has always been a leading force and major participant in the emerging digital asset economy. дальше »
2022-4-7 11:55 | |
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What Could Change For South Korea’s Crypto Regulations
The new president of South Korea Yoon Suk-yeol wants the country to lead the crypto market. Recently, he vowed to deregulate the virtual asset industry and expects to set a more amicable regulatory framework in order to promote local growth. дальше »
2022-3-18 00:00 | |
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LABEL Foundation Debuts On South Korean Digital Asset Exchange Coinone
LABEL Foundation (LBL) has been listed on South Korean digital asset exchange Coinone. The listing is a huge milestone for the project given that South Korea possesses some of the strictest crypto listing regulations worldwide. дальше »
2022-2-26 11:00 | |
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LABEL Foundation debuts on top digital asset exchange in South Korea
LABEL Foundation recently gained authorization from one of South Korea's main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson The post LABEL Foundation debuts on top digital asset exchange in South Korea appeared first on AMBCrypto. дальше »
2022-2-25 09:00 | |
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South Korea’s Kookmin Bank Launching Crypto Investment Product
Kookmin Bank of South Korea has announced that it has now set up a Digital Asset Management Preparatory Committee, ahead of the impending launch of its digital asset investment products. The firm says the committee will focus on determining the… дальше »
2022-2-22 00:10 | |
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Bithumb Global Reflects On Its Journey As It Celebrates First Anniversary
Today, South Korean cryptocurrency exchange Bithumb Global celebrates its first anniversary as it continues to meet the ever-increasing demand for digital assets. Established in 2019 during the boom period in the cryptocurrency industry, Bithumb Global has quickly established itself as one of the leading digital asset exchanges in the world by reported trading volume. дальше »
2020-5-14 12:21 | |
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South Korea Banking Giant Plans to Launch Crypto Custody Service
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. дальше »
2020-3-28 22:00 | |
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South Korea May Get A New Crypto Custodian After Largest Bank Files Trademark App
KB Kookmin Bank, the largest bank in South Korea, is preparing to launch its cryptocurrency custody service as soon as possible. As per the local news outlet Digital Today reported on March 27, KB Kookmin Bank filed a KBDAC trademark application in which it referred to the Digital Asset Custody subsidiary it proposed in January, […] дальше »
2020-3-27 18:10 | |
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BitMax.io and Bithumb Korea Announce Strategic Partnership to Enhance Product Platform and Accelerate Global Expansion
BitMax. io, a Singapore-registered digital asset trading platform with a global footprint, and Bithumb Korea, a South Korean-based cryptocurrency exchange, are pleased to announce a strategic global paThe post BitMax. дальше »
2020-2-17 16:00 | |
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Nedbank Not Looking to Shut Down Crypto Exchange Bank Accounts
Contrary to reports, prominent South African bank, Nedbank is not considering closing down accounts belonging to crypto exchanges in the country. Nedbank Not Taking New Digital Asset Exchange Customers According to South African crypto news outlet SACrypto, reports stating that Nedbank is planning to shut down bank accounts of crypto exchanges are false. дальше »
2020-1-26 14:00 | |
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Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s financial system, allowing financial institutions to directly offer a range of crypto products, including derivatives, […] The post Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream appeared first on Bitcoin News. дальше »
2020-1-8 10:30 | |
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Why the Recent Developments in South Korea and the Swelling tide of Regulation Could be not so bad for the Crypto Industry
The coming calendar change has regulators rethinking how they stand in relation to cryptocurrency moving forward. Reports out of South Korea have lawmakers in the country drafting up bills for legislature that would levy taxes on capital gains earned with crypto and increase the transparency of the virtual asset market. дальше »
2019-12-17 12:00 | |
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Korean blockchain project ICON unveils new transaction fee system
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceICON, one of the largest blockchain projects in South Korea, today has unveiled ‘Fee 2. 0’ – the new transaction fee system of the ICON Network. дальше »
2019-7-16 20:05 | |
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Upxide exchange begins Telegram (GRAM) token sale in South Korea
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceUpside, a crypto services provider including cryptocurrency exchange Upxide and subsidiary of Tokyo listed company Metaps Plus, announced today it has acquired marketing rights for Telegram Messenger’s GRAM token sale in partnership with Liquid, the cryptocurrency exchange run by QUOINE Pte. дальше »
2019-7-13 01:40 | |
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Brazil’s BTG Pactual Selling $1 Billion in STOs Using Tezos Blockchain
Coinspeaker Brazil’s BTG Pactual Selling $1 Billion in STOs Using Tezos BlockchainThe Tezos Foundation announced signing a $1 billion deal with South America’s largest standalone investment bank, Banco BTG Pactual, and the Dubai asset management firm Dalma Capital to use Tezos blockchain for Security Token Offerings (STOs). дальше »
2019-7-6 12:07 | |
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South American e-commerce platform to reportedly integrate Facebook’s Libra for user payments
In their quest to release their much-awaited cryptocurrency, Facebook has been consistently active in the virtual asset ecosystem over the past few days. Facebook had recently announced the introduction of the Libra Association on June 18th, which was indicated to be the operating unit of Libra crypto. дальше »
2019-6-18 00:30 | |
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Korea’s Largest Bank KB Kookmin Enters the Digital Asset Custody Race
The race for Digital Asset Custody is heating up and South Korea's largest bank KB Kookmin is the latest to compete with Coinbase and Fidelity Investment. The post Korea’s Largest Bank KB Kookmin Enters the Digital Asset Custody Race appeared first on Ethereum World News. дальше »
2019-6-12 15:26 | |
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