Cryptocoins News / The Cointelegraph - 3 years ago
Any overseas activity outside Korea that has domestic effects or consequences shall be subject to the amended crypto regulation. Due to their anonymity or pseudonymity...
More / Bitcoin Reddit - 3 years ago
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Cryptocoins News / The Cointelegraph - 3 years ago
Shinban Bank, K bank and NH Nonghyup Bank reported a total revenue of 16.9 billion won coming out of partnerships with four crypto exchanges. Three South Korean banks...
Cryptocoins News / NewsBTC - 3 years ago
The Financial Services Commission, the top financial regulator in South Korea, is supposedly staging a closedown for some cryptocurrency exchanges. This move is linked to allegations of fraud in these exchanges. The first move from the FSC is to temp...
Cryptocoins News / The Cointelegraph - 3 years ago
Sources claim that several mid-sized crypto exchanges in South Korea will be unable to get approval from the FSC. South Korea’s top financial regulator, the Financial...
Bitcoin News / Bitcoin.com - 3 years ago
The South Korean government has proposed an amendment to the tax code to allow the country’s tax authority to seize and sell cryptocurrencies belonging to delinquent taxpayers. “The revision will allow direct seizing without court-approve...
by COINS NEWS - 3 years ago
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Cryptocoins News / The Cointelegraph - 3 years ago
Crypto exchanges operating in the country that do not register by September 24 face potential fines or even jail time. The South Korean government announced today that...
Bitcoin News / Bitcoin.com - 3 years ago
Overseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms warning them a registra...
More / Etherum Reddit - 3 years ago
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Bitcoin News / Bitcoin.com - 3 years ago
South Korea is deliberating on four crypto-related bills for the regulation of cryptocurrencies. “We are currently doing groundwork by searching for and analyzing data on 578 coins that have various forms,” the chairman of the country&rsq...
Cryptocoins Exchanges / Binance - 3 years ago
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More / Bitcoin Reddit - 3 years ago
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Bitcoin News / Bitcoin.com - 3 years ago
Woori Financial Group, one of the biggest financial conglomerates in South Korea, will offer crypto custody services. The bank will develop a joint venture effort with Coinplug, a blockchain-based developing company. This conglomerate signals the thi...
Cryptocoins News / The Cointelegraph - 3 years ago
The Bank of Korea plans to select an operator to run a blockchain-based CBDC pilot next month that will test a digital won in various use cases. Affiliates of South K...
by COINS NEWS - 3 years ago
submitted by /u/Failed_Launch [link] [comments]
Cryptocoins News / CoinJournal - 3 years ago
Shinhan Bank is the first traditional financial institution in Korea to join the council, which already includes Celltrion and LG Electronics Public blockchain platform Klatyn announced yesterday that Shinhan Bank, one of south-east Asia’s larg...
Cryptocoins News / The Cointelegraph - 3 years ago
Apart from participating in the co-governance process of Klaytn, Shinhan Bank will also be involved in the development of Klaytn-based digital services. Shinhan Bank,...
Bitcoin News / Bitcoin.com - 3 years ago
One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a...
More / Bitcoin Reddit - 3 years ago
Although it is not a direct payment with Bitcoin, it is possible to pay after converting it to Paycoin (PCI) in the Paycoin app. This allows the transaction to be approved immediately, without having to wait 10 minutes. Currently, PayCoin can be paid...
Cryptocoins News / CoinJournal - 3 years ago
A renowned TV host and a doctor are among wealthy individuals whose crypto assets were confiscated by the government. South Korea authorities have seized over $47 million worth of Bitcoin and Ethereum as well as other cryptocurrencies, the Financial...
Cryptocoins News / The Cointelegraph - 3 years ago
Exchange tokens are falling under the scrutiny of South Korean regulators. The increased regulatory scrutiny that befell South Korea’s cryptocurrency space in recent t...
Cryptocoins News / The Cointelegraph - 3 years ago
Stringent regulatory policies in South Korea could force many small- and medium-sized crypto exchanges out of the country. Authorities in South Korea are continuing to...
Cryptocoins News / The Cointelegraph - 3 years ago
South Korean crypto exchanges are groaning under a new proposal that will prevent them from converting trading fees to fiat currency. South Korea’s Financial Services...
Bitcoin News / Bitcoin.com - 3 years ago
Regional reports disclose South Korea’s Financial Services Commission (FSC) had a closed-door meeting with roughly 20 different cryptocurrency exchanges on June 3. The report highlights that virtual asset business operators (VASPs) that attende...
