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Korean Exchanges Delist High-risk Coins as They Face Tough Regulations
Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. дальше »
2021-6-17 07:00 | |
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South Korea: Crypto Exchanges to Be Designated as High-Risk Clients by Banks
South Korean regulators want banks to classify crypto exchange clients as high-risk while financial service institutions clamor for greater indemnity regarding potentially illegal activities of trading platforms. дальше »
2021-6-15 13:00 | |
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South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban
Crypto regulation is gaining traction by the day, and the latest is in the Asian nation South Korea. ‘Bicycling’ Creates ‘Conflict Of Interest’ The top regulatory body of the South Korean financial market, the Financial Services Commission, is bringing to an end the practice of ‘bicycling' by crypto exchange operators, per reports from a local […] The post South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban first appeared on BitcoinExchangeGuide. дальше »
2021-6-7 20:32 | |
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Korean Crypto Exchange Employees Could Face Heavy Fines for Trading
Reports are emerging that the government in South Korea is mulling a proposal to fine employees of cryptocurrency exchanges for trading in digital assets. The post Korean Crypto Exchange Employees Could Face Heavy Fines for Trading appeared first on BeInCrypto. дальше »
2021-6-7 12:09 | |
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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 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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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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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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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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Why The Return Of The Kimchi Premium Doesn’t Bode Well For Bitcoin
Bitcoin price is currently trading at a substantial premium on South Korean crypto exchanges – more than $6,000 per coin in USD equivalent. However, in the past this so-called “Kimchi Premium” has signaled the end of the bull trend. дальше »
2021-4-6 23:00 | |
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Chinese authorities greenlight DBX’s subsidiary to run a crypto exchange
The Chinese government has approved a South Korean crypto exchange to operate in the country despite barring all local crypto trading services. A report unveiled this news on February 7, noting that DBX had become the first South Korean crypto exchange to establish a subsidiary dubbed Tabi in China. дальше »
2021-2-12 17:03 | |
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South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. дальше »
2021-2-10 04:00 | |
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South Korean Government to Start Taxing Crypto Trading Profits in 2022
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will be enacted in February, and profits from […] дальше »
2021-1-9 13:15 | |
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Korean crypto exchange Korbit lists Cardano (ADA) token
Popular South Korean-based cryptocurrency exchange company Korbit, announced today that it has listed Cardano (ADA) token. Deposits, withdrawals, and trading are all now supported. ADA is the digital asset of the blockchain platform Cardano network. дальше »
2020-12-18 22:27 | |
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Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. дальше »
2020-12-12 09:30 | |
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Coinbit Execs Charged with Market Manipulation; ‘Wash Traded’ $84 Million in Crypto
South Korean authorities are pushing for Coinbit executives' prosecution for wash trading and market malpractices on their exchange. Local reports from Seoul’s financial website, Newspim, confirm that Seoul Metropolitan Police Agency has handed over Coinbit’s chairman Choi Mo and two other unnamed executives at the exchange to the prosecution office for market manipulation charges, forgery, […] The post Coinbit Execs Charged with Market Manipulation; ‘Wash Traded’ Million in Crypto first appeared on BitcoinExchangeGuide. дальше »
2020-12-9 19:53 | |
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Huobi Plans Takeover of Major Japanese and South Korean Crypto Exchanges
Huobi, China’s largest crypto trading desk Huobi is reportedly pursuing an aggressive globalization agenda that involves the acquisition of major crypto exchanges across Asia. Huobi Eyes bitFlyer and Bithumb Acquisition According to an exclusive report by Chinese crypto news source @WuBlockchain, Huobi is set to purchase major Asian crypto exchanges bitFlyer and Bithumb. дальше »
2020-11-18 00:00 | |
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South Korean court freezes Bithumb investor’s shares
The news comes after South Korean police conducted two consecutive seizures in a matter of a week. Bithumb is among the biggest cryptocurrency exchanges in South Korea. Though its customers have started to worry about using the platform for trading and storing their digital assets due to privacy reasons. дальше »
2020-9-18 00:42 | |
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Bithumb Ranks First in Korea and Third in the World in Crypto Trading Volume
According to South Korean Exchange Market Review, a report published by Blockchain Transparency Institute (BTI) on August 20th, Bithumb was ranked third in the world... дальше »
2020-9-9 09:23 | |
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South Korean Police Seize Coinbit Crypto Exchange Over $84 Million Wash Trading Allegations
Police in South Korea has seized Coinbit, the third-largest cryptocurrency exchange in the country, over allegations of wash trading activity, amounting to over 100 billion WON ($84 million) in faked income. дальше »
2020-8-28 01:31 | |
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Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well as other sites elsewhere. дальше »
2020-8-28 07:45 | |
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South Korean Exchange, Coinbit, Accused Of Wash Trading 99% Of Its Volume; Profited Close to $84 Million
One of Korea’s largest cryptocurrency exchange is under investigation after the Seoul Metropolitan Police found evidence of wash trading of over 99% of its volumes. According to local reports from Seoul Shinmun, the police have seized Coinbit exchange headquarters in Gangnam district and some property around the country as investigations continue. дальше »
2020-8-26 19:46 | |
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South Korean Cryptocurrency COST COIN + Lists on ProBit Exchange with an Eye on International Adoption
Cost Coin + (AKM) has announced a KRW market listing on global cryptocurrency platform ProBit Exchange, where trading is available as of June 10, 2020, at 17:00 KST. COST COIN+ is a global blockchain project that connects services in travel, resort, and lifestyle. дальше »
2020-6-25 17:31 | |
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South Korea Could Tax Cryptocurrency Trading Profits from 2021
The South Korean government has decided to tax profits on cryptocurrency trading, which could take effect from 2021. Capital Gains Tax on Crypto Trading According to a report from News Asia on Thursday (June 11, 2020), cryptocurrency traders in South Korea could be taxed capital gains on their crypto trading activities come 2021. дальше »
2020-6-13 01:07 | |
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Gemini Exchange Brings Crypto Trading to Over 4 Million Samsung Users in U.S., Canada
Winklevoss brothers-backed Gemini cryptocurrency exchange has inked a partnership with South Korean multinational conglomerate Samsung Electronics Co. Per the terms of the partnership, as reported by Bloomberg on May 28, 2020, Gemini’s app will integrate with Samsung’s blockchain wallet to allow users to trade and store digital assets on mobile phones. дальше »
2020-5-30 21:00 | |
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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: Unlisted Stock Trading Platform “Be My Unicorn” Taps Blockchain for Trading Efficiency
South Korean financial services startups including Koscom, are now leveraging the immutability property of distributed ledger technology (DLT) to curb forgery in the trading of unlisted stocks, while also boosting the efficiency of the platforms, reports BusinessKorea May 11, 2020. дальше »
2020-5-12 19:00 | |
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Crypto Exchange Bithumb to Launch Staking As a Service With IOST
In a blog post published on April 14, 2020, South Korean cryptocurrency exchange Bithumb announced it would be launching staking as a service on April 20, 2020, with IOST (IOST) as the first cryptocurrency available for staking on the trading platform. дальше »
2020-4-15 19:30 | |
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Bithumb Debuts Crypto Margin Trading Service with 5x Leverage
Bithumb global has announced to its users, the launch of the platform’s crypto margin trading service for Bitcoin (BTC) and Ether (ETH) against Tether (USDT). Details of the Bithumbbrin Global Margin Trading Service In a blog post published on its website, Bithumb Global — the international arm of the South Korean Bitcoin exchange behemoth announcedRead MoreRead More. дальше »
2020-4-5 17:00 | |
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Binance Korean Cloud Exchange Adds Zero-Fee Trading
The leading crypto exchange quietly dropped the news that it was entering the South Korean market with Binance KR earlier this week. Not only will this be the first exchange to run on the Cloud but it will be zero-fee as well. дальше »
2020-4-2 12:24 | |
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Binance To Launch Korean Crypto Exchange on Binance Cloud
SEOUL – March 31, 2020 – The global blockchain company behind the world’s largest digital asset exchange by trading volume and users, Binance, today announced Binance KR, a crypto exchange for Korean users will launch on April 2nd for registrations and deposits. дальше »
2020-4-1 14:00 | |
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South Korea’s UPbit, Bithumb Reveal Substantial Drop in Trading Volumes In Last 2 Years
Top South Korean crypto exchange platforms, Upbit and Bithumb, have witnessed a massive decrease in their trading volumes of 70% and 63% respectively compared to their 2018 results, Decrypt reports. According to Financial Supervisory Services (FSS), Dunamu, which is Upbit’s parent company, saw its annual profits decrease by 93% to approximately $7.4 million. The nosedive […] дальше »
2020-3-24 22:04 | |
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South Korean National Assembly Passing Of Two Amendments, Making Crypto Legal
First, it was India, now South Korea has taken a positive step towards cryptocurrencies. The recent amendment of the Act on Reporting and Use of Specific Financial Information passed today during a session of the National Assembly, which officially allows crypto trading and holding. дальше »
2020-3-6 21:03 | |
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South Korean Parliament Legalizes Bitcoin Trading
The National Assembly of South Korea unanimously approved what could be the official entry of cryptocurrency trading and holding into the nation’s legal system. Cryptocurrency Trading Is Now Legal in...The post South Korean Parliament Legalizes Bitcoin Trading appeared first on Crypto Briefing. дальше »
2020-3-6 16:35 | |
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Bullish Signal: South Korean Parliament Passes Law That Fully Legalizes Cryptocurrency Holding And Trading
Yesterday, India’s Supreme Court quashed the Central bank’s crypto ban that was curtailing cryptocurrency trading in the country. The crypto community perceived this as a big adoption boost for bitcoin and cryptocurrencies in general. дальше »
2020-3-6 16:14 | |
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Breaking : Crypto Trading is now legal in South Korea
In a dramatic turnaround, the South Korean parliament, the National Assembly, has voted in favor of the country’s first cryptocurrency-specific legislation in the past few hours. Bitcoin is currently trading at 9080$. дальше »
2020-3-7 13:17 | |
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Breaking: Cryptocurrency Now Fully Legal in South Korea
In another significant development for the cryptoverse, the South Korean National Assembly has officially passed the “Act on Reporting and Use of Specific Financial Information” bill into law, making cryptocurrency trading and holding a legal activity in the nation, reports TheNewsAsia on March 5, 2020. дальше »
2020-3-6 12:00 | |
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Two Asian Crypto Exchange Giants Partner to Expand Global Reach
South Korean crypto exchange Bithumb has announced a strategic partnership with Singapore-based exchange, Bitmax. io. This move will create new opportunities to reach global traders and investors. дальше »
2020-2-18 00:00 | |
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Binance Adds 15 New Instant Fiat-to-Crypto Conversions With Simplex Partnership
Trying to corner local markets, the Malta-based crypto exchange Binance has added support for 15 more fiat currencies through the integration with Simplex. Gateways for currencies like the Korean won, the Swiss franc, the Polish zloty, the South African rand and the Australian dollar have been created and made available through the exchange’s fiat-to-crypto trading […] дальше »
2020-2-14 19:06 | |
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South Korean Crypto Exchange APRObit Adopts Bitfinex Joint Order Book System, Launching in March
It will be the only cryptocurrency exchange available in South Korea that adopts an international joint order book system. APRObit will be the first exchange in South Korea to adopt Bitfinex’s joint order book system, which shares the market depth of Bitfinex’s BTC, ETH, and USDT trading pairs APRObit will be the only exchange inRead MoreRead More. дальше »
2020-2-13 16:00 | |
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Report: North Korean Hackers Created Realistic Trading Bot to Steal Money
North Korean hackers created a realistic trading bot website to phish DragonEx employees
дальше »2020-2-5 15:06 | |
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South Korean Authorities Are Considering 20% Tax on Crypto Gains
Coinspeaker South Korean Authorities Are Considering 20% Tax on Crypto GainsAccording to Korean experts, the government will now treat crypto trading gains as 'other income'. As a result, a 20% tax on such incomes may be introduced. дальше »
2020-1-21 12:40 | |
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South Korea Set to Impose Crypto Tax on Trading Profits
The South Korean government is making plans to implement a 20 percent crypto taxation policy on income and profits made from crypto trading and transactions. 20 Percent Crypto Tax Coming to South Korea According to reports from PulseNews, the South Korean government is making plans to implement a new crypto tax policy on gains fromRead MoreRead More. дальше »
2020-1-20 16:00 | |
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