2023-5-25 18:56 |
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. origin »
Bitcoin price in Telegram @btc_price_every_hour
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In a move that will see South Korea become even more crypto-friendly, President Yoon has announced his intention to establish a new regulatory framework for the crypto industry by 2024. With this new legislation in place and increasing demand for cryptocurrency services across all areas of commerce, it seems likely they can pull off another […]
2022-5-14 00:00 | |
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A leaked document shows the government of South Korea is planning to introduce a crypto framework in 2023, with implementation expected in 2024. The post Leaked Document Shows South Korea Preparing Crypto Regulations by 2024 appeared first on BeInCrypto.
2022-5-13 13:00 | |
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The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research.
2022-5-13 12:23 | |
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The bitcoin price has been heading south in recent days. Nonetheless, quantitative analyst PlanB, the creator of the popular bitcoin stock-to-flow models, predicts that BTC could parabolically grow 3X from the $288K that the model currently projects.
2020-9-6 19:33 | |
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Nearly 50 years since man first walked on the moon, the human race is once more pushing forward with attempts to land on the Earth’s satellite. This year alone, China has landed a robotic spacecraft on the far side of the moon, while India is close to landing a lunar vehicle, and Israel continues its mission to touch down on the surface, despite the crash of its recent venture.
2019-5-11 12:00 | |
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South Korea’s third-largest crypto exchange, Coinone, is reportedly looking to sell part of its chairman’s stake, with Coinbase named as a potential participant in the early talks. According to a Seoul Economic Daily report citing a company representative, Coinone plans…
The one-exchange-one-bank model is not a legal requirement but is widely followed. A government study found the setup limits access for small crypto exchanges. Large platforms dominate Korean won-based trading due to better liquidity.
Only VASP-registered platforms will stay available on the Play Store. Local exchanges like Upbit and Bithumb could gain more market share. Some traders may shift towards DeFi and non-custodial wallets.
South Korean regulators plan to lift a nine-year ban on corporate crypto investments as the country continues to warm up to the digital asset space. South Korea’s Financial Services Commission has reportedly crafted new guidelines for listed corporations and professional…
Most breaches involved failures in customer due diligence and identity verification processes. The action coincides with reports of a potential majority acquisition by Mirae Asset. The case reinforces stricter regulatory expectations across South Korea’s crypto sector.
South Korea's ruling Democratic Party is working to consolidate several lawmaker proposals into a revised digital asset bill.
According to reports, Mirae Asset Group is in advanced talks to buy Korbit, South Korea’s long-running crypto exchange, in a deal valued at about 100 billion to 140 billion won — roughly $70 million to $100 million.