Cryptocoins News / The Cointelegraph - 3 years ago
The FSC is in dialogues with South Korea’s crypto exchanges amid expanded regulatory oversight. Small and medium-sized exchanges in South Korea had a chance to express...
Cryptocoins News / The Cointelegraph - 3 years ago
Upbit exchange paid 10 times more in fees to South Korean internet bank K Bank Q1 2021 than in the previous quarter. As cryptocurrency markets grew in the first quarte...
Bitcoin News / Bitcoin.com - 3 years ago
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be re...
Bitcoin News / Bitcoin.com - 3 years ago
As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global cryp...
Cryptocoins News / CoinJournal - 3 years ago
South Korea has made significant progress towards development of its digital currency. South Korea’s central bank has revealed it will be launching its CBDC pilot program. The move represents the country’s latest efforts to develop a cent...
Bitcoin News / Bitcoin.com - 3 years ago
Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he had made investments in virtual currencies publicly. Won Hee-ryong, the Governor of Jeju Isla...
Bitcoin News / Bitcoin.com - 3 years ago
The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics. Hong Nam-ki unveiled that officials are assessi...
Bitcoin News / Bitcoin.com - 3 years ago
The crypto regulation crisis is on fire in South Korea, as politicians have struggled to reach agreements with top government officials to ease rulings. A local media outlet reveals that South Korean ministries “do not want” to take charg...
Bitcoin News / Bitcoin.com - 3 years ago
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 throug...
