2022-5-26 02:38 |
The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying.
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South Korea has emerged as a global technology powerhouse in recent decades, giving rise to industry giants like Samsung, LG and Hyundai. If the country’s government gets its way, a metaverse company could be the next big thing to ride the Korean wave.
2022-5-26 18:24 | |
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The ruling party of South Korea is likely to host an urgent meeting on Tuesday with officials from the state’s top five largest crypto exchanges. The officials look forward to holding crypto exchanges accountable for their failure to save traders during the Terra crash.
2022-5-24 11:00 | |
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Two of South Korea’s largest cryptocurrency exchanges, UPbit and Bithumb, issued investment warnings against Litecoin (LTC) on May 23, citing the altcoin’s privacy upgrade. The post Litecoin’s privacy upgrade could lead to delisting from South Korean exchanges appeared first on CryptoSlate.
2022-5-24 22:40 | |
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South Korean prosecutors are reportedly weighing whether they could charge Do Kwon for running a Ponzi scheme by promising unsustainably high fixed interest rates on UST deposits via Anchor Protocol....
2022-5-20 13:16 | |
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Complying with the rules puts South Korea ahead of the curve for regulating virtual assets but could be harming the domestic industry with overbearing transfer restrictions between exchanges.
2022-3-26 09:00 | |
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The long debate in the country’s legislature could soon be over meaning cryptocurrency gains made in South Korea may not be considered taxable events until 2023 at the earliest.
2021-11-30 04:36 | |
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With South Korean regulators set to shut down local cryptocurrency exchanges that fail to meet up the requirements before the deadline later in September, investors in the country could experience losses worth over $2.
2021-9-14 23:00 | |
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This could result in “huge investor losses” as users lose access to about 42 local altcoins. Currently, Polkadot (DOT), XRP, Cardano (ADA), and Cosmos (ATOM) are leading cryptos on the four top legit exchanges in the country.
2021-9-14 22:36 | |
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Delisting of smaller altcoins and exchange shutdowns could see investors lose more than $2.6… The post Up to 40 South Korean crypto exchanges face ‘shut down’ – report appeared first on Coin Journal.
2021-9-13 14:49 | |
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South Korea examines ways to expand its tax base, with proposals to strengthen the government’s ability to seize tax evaders’ crypto assets directly from their personal wallets.
2021-7-26 12:02 | |
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South Korean Deputy Prime Minister, Hong Ham-ki, recently spoke about the cryptocurrency industry, with a particular focus on the CBDCs, noting that a central bank digital currency could act as a cryptocurrency if implemented.
2021-6-30 15:19 | |
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Several exchanges could press a constitutional appeal against the Korean government and the financial authorities as they face the risk of being banned. The development follows the amended Act on Reporting and Use of Certain Financial Transaction Information.
2021-6-29 04:00 | |
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With many crypto exchanges in South Korea now on a precipice as a new regulatory framework kicks in, some are threatening to sue the government over its alleged shirking of key responsibilities.
2021-6-29 15:36 | |
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Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local media, financial regulators are now developing rules that could relieve Korean banks from responsibility when screening the crypto exchanges they work with.
2021-6-28 14:00 | |
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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.
2021-6-7 12:09 | |
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The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital assets and increase their liability in case of a hack, local news outlet Naver reported today.
2021-5-7 19:00 | |
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The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More
2021-3-27 15:00 | |
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South Korean financial regulators are developing a penalty regime for Anti-Money Laundering and Know Your Customer violations by cryptocurrency exchanges.
2021-3-10 13:24 | |
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South Korean largest cryptocurrency exchange Bithumb is reportedly on sale again. The deal could be worth $600 million.
2020-9-25 17:44 | |
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Blockchain could soon be integrated into South Korean apartments.
2020-9-17 00:18 | |
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After two weeks, Bitcoin finally jumped above $12,000 on the first day of September but again failed to hold onto its position. Today, BTC/USD dropped to $11,155, which could be on the back of the news of South Korean authorities seizing one of the country's biggest crypto exchanges, Bithumb, for a $25 million token sale […] The post This is Only the Testament of How 'Powerful' Bitcoin is: Galaxy Digital CEO Mike Novogratz first appeared on BitcoinExchangeGuide.
2020-9-2 15:30 | |
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Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal.
2020-7-22 14:32 | |
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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.
2020-6-13 01:07 | |
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South Koreans cryptocurrency traders could soon find themselves busy doing taxes. According to a report by Decrypt published on May 30, 2020, the South Korean Ministry of Strategy and Finance has proposed taxing profits made via crypto-fiat transactions.
2020-5-31 17:07 | |
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IT experts believe that South Korean authorities could not track the crypto payments made from overseas exchanges
2020-5-7 23:33 | |
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KB Kookmin Bank, South Korea’s largest bank, is planning to launch a crypto custodial service known as KB Digital Asset Custody (KBDAC). The entry of the South Korean financial giant into the crypto market could spark widespread adoption across financial institutions in the country.
2020-3-28 22:00 | |
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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.
2020-3-6 16:35 | |
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Sanctions experts from the United Nations have warned blockchain enthusiasts against attending an upcoming cryptocurrency conference in North Korea. Attending the Pyongyang Event Could Breach Sanctions According to Reuters, a confidential report will be submitted to the UN Security Council warning that the event will include discussions that cover sanctions evasion and money laundering.
2020-1-16 16:25 | |
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A stimulated wargame held by previously high-ranking officials in the United States government has revealed what could be a North Korean missile takeover through China’s digital currency. The meeting held at Harvard Kennedy School projected a few years into the crypto space and highlighted the looming danger on the dollar’s dominance. The attendees stimulated a […]
2019-11-21 18:42 | |
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A recent ruling by a court in South Korea could see cryptocurrency exchanges held responsible for compensating hack victims. The post South Korean Court Sets Compensation Precedent for Cryptocurrency Exchanges appeared first on Bitcoin Magazine.
2019-10-3 21:54 | |
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The delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial Action Task Force (FATF) issuing new global standards, Korean exchanges Okex and Upbit have announced they will delist and put warnings on several privacy coins […] The post FATF-Driven Delistings Capture the Criminalization of Privacy appeared first on Bitcoin News.
2019-9-17 11:30 | |
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South Korean electronics giant, LG, is likely to launch a cryptocurrency-enabled smartphone soon, according to industry insiders. LG must respond to industry rivals, Samsung, who recently released a limited-edition version of its bitcoin-wallet toting Galaxy Note 10.
2019-9-10 16:00 | |
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South Korean media reports that LG is considering a dive into the crypto space to make DLT phones, following the suit of Samsung and HTC
2019-9-9 14:46 | |
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It’s a big year for ICON. The Korean “blockchain of blockchains” is about to launch the first stage of its ICONSENSUS program, where its participants will vote on-chain in the election of full nodes, called P-Reps.
2019-8-13 17:41 | |
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Samsung announced its new lineup of smartphones today which includes the Galaxy Note 10, Galaxy Note 10+ and Galaxy Note 10+ 5G. While traditional specs are getting most of the attention (battery life, screen size, camera), one new feature could truly set this lineup apart.
2019-8-8 05:00 | |
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Samsung is bringing the Galaxy Fold back from the dead. The South Korean smartphone maker had initially launched the device in April this year, but it was forced to beat a retreat when it emerged that the innovative device’s fold mechanism could be faulty and cause the display to malfunction.
2019-7-25 08:27 | |
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According to Business Korea, hundreds of minor crypto exchanges in South Korea could run smack into heightened scrutiny for failing to abide by proposed enhanced know-your-customer (KYC) regulations, which would require exchanges to only provide services to users with "real-name accounts" issued by local financial institutions.
2019-6-25 22:54 | |
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Massive Institution Looks to Store Crypto Reported by CoinDesk on Tuesday, Bitcoin (BTC) and other digital assets may soon be stored by KB Kookmin, South Korea’s largest bank. Citing a report from its Korea branch,.
2019-6-11 20:59 | |
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South Korean Government Works On Crypto Regulations Due To A Growing Crypto Market South Korea, one of the most active countries in the crypto market, could be working on new regulations for the cryptocurrency market as it continues to expand.
2019-5-28 20:54 | |
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Who could forget the end of 2017? A booming bitcoin price dragged the entire market up as the OG crypto tickled the underbelly of $20,000 on December 16. Cryptocurrencies were seemingly on the brink of imminent widespread adoption.
2019-5-27 17:13 | |
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Everyday consumers save various mileage points in market activities such as airline mileage, credit card points etc. Every platform says the user can use the saved points like cash, but it doesn’t make sense.
2019-5-2 14:33 | |
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Samsung is reportedly looking to develop its own proprietary blockchain network as well as its own token some time in the future. According to an exclusive CoinDesk Korea report, which cited a person “familiar with Samsung’s internal situation,” the South Korean electronics giant’s blockchain task force is building an Ethereum-based blockchain mainnet.
2019-4-25 12:34 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98.
2019-4-23 18:00 | |
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The Korean peninsula is rife with social and political differences ever since the Korean mainland was split between North and South Korea after the Korean War. According to a report released by The Royal United Services Institute [RUSI], North Korea could target Southeast Asia’s vulnerable crypto-sector.
2019-4-15 20:00 | |
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North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports.
2019-4-15 12:56 | |
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South Korean internet giant Kakao Corp has seen major success during its private initial coin offering (ICO) and will raise more funds this week. Kakao Doubles Down As Bloomberg reported March 10, Kakao, which confirmed it has raised $90 million from token sales, wants to double the figure to $180 million — and could even do so this week.
2019-3-11 14:00 | |
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There has been a lot of hype and anticipation over Samsung’s latest flagship smartphone, the Galaxy S10. The inclusion of crypto functionality and a hard wallet is a massive boost for the industry as it could potentially expose crypto to millions of new users.
2019-2-27 11:00 | |
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South Korea has joined the cryptocurrency community when it comes to waiting for the US’ verdict on Bitcoin exchange-traded funds (ETF). The nation’s sole bourse operator, Korea Exchange (KRX), admitted that it was carefully observing the constantly-unfolding crypto ETF scenario in the US.
2019-2-24 15:09 | |
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A potential Brian Brooks SEC chairmanship could signal a shift towards more crypto-friendly policies, impacting regulatory approaches and market dynamics. The post Kalshi bettors favor Brian Brooks as SEC Chair under Trump 2.0 appeared first on Crypto Briefing.
Crypto inflows reached $2. 2 billion last week, fueled by the Fed's looser monetary policy and a Republican pro-crypto wave. Bitcoin and Ethereum dominate the surge. The post Crypto Investment Inflows Soar to $2.
Metplanet to issue one-year bonds to finance BTC purchases.
Coinbase’s Ethereum Layer-2 network, Base, celebrated reaching 1 billion transactions in just over a year, outpacing competitors like Optimism and Arbitrum. The post Base Network Reaches 1 billion Transactions But Faces NFT Copying Accusations appeared first on BeInCrypto.
Low-unit bias, demand on Coinbase, frenzied community trading activity and BONK’s standing within the Solana ecosystem are positioning it for more growth ahead, traders say.
XRP's surge highlights potential shifts in crypto regulation and market dynamics amid political and leadership changes, impacting investor sentiment. The post XRP breaks through $1 amid Trump-Ripple CEO meeting speculation appeared first on Crypto Briefing.
Gensler's potential resignation could reshape SEC's crypto stance, possibly easing legal pressures on Ripple and boosting broader market confidence. The post Ripple’s XRP token soars 20% to $0.