Bitcoin News / Bitcoinist - 2 months ago
South Korea’s top financial regulator, the Financial Services Commission (FSC), is reportedly initiating a review process to reconsider its stance on the ban on spot cryptocurrency exchange-traded funds (ETFs).
This comes after forming a new cr...
Bitcoin News / Bitcoin.com - 2 months ago
Two South Korean lawmakers have called for a full investigation into the KOK token after its value collapsed to almost zero. Victims have accused Korea’s largest newspaper of promoting the scam, sparking concerns about its role. The alleged cry...
Bitcoin News / Bitcoin.com - 2 months ago
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while makin...
Bitcoin News / Bitcoin.com - 2 months ago
According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in S...
Bitcoin News / Bitcoinist - 2 months ago
South Korea’s Personal Information Protection Commission (PIPC) has imposed a fine on Tools for Humanity, the developer behind the Worldcoin project, for violating local data privacy laws.
The commission announced that the company was fined over 1.1...
Bitcoin News / Bitcoin.com - 2 months ago
Worldcoin, the biometric identification project, and its parent company, Tools For Humanity (TFH), have been fined by the Personal Information Protection Commission (PIPC), South Korea’s data protection agency, for violating the Personal Inform...
Cryptocoins News / Finance Magnates - 3 months ago
South
Korea's financial regulator is ramping up oversight of the virtual asset
market. It is warning of severe consequences for illegal transactions just two months
after implementing new protective legislation. Cryptocurrency scammers can now serve...
by COINS NEWS - 3 months ago
South Korea’s Personal Information Protection Commission announced today that it has fined Tools for Humanity over $830,000 for local privacy law violations. Tools for Humanity, the developer behind Worldcoin, welcomed the announcement and added tha...
Cryptocoins News / Finance Magnates - 3 months ago
The Financial Services Commission (FSC) of South Korea announced
today (Wednesday) that it has approved the creation of a nonprofit organization
aimed at protecting virtual assets for consumers in the event that a
cryptocurrency exchange goes out of...
Bitcoin News / Bitcoin.com - 3 months ago
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chai...
Bitcoin News / Bitcoin.com - 3 months ago
The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il,...
Bitcoin News / Google News Bitcoin - 3 months ago
20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 3 months ago
South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compl...
Bitcoin News / Bitcoin.com - 3 months ago
South Korean police are investigating Telegram for allegedly facilitating deepfake sex crimes. They plan to work with French investigators following the detention of Telegram founder Pavel Durov in France for similar investigations. “Telegram d...