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All 200 Cryptocurrency Exchanges Could Be Shut Down Under New Regulation in South Korea, Regulator Warns
The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down. дальше »
2021-4-27 03:40 | |
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Korean minister says all 200 crypto exchanges in the country face a risk of closing down
Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun. дальше »
2021-4-22 19:00 | |
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Report all crypto transactions or face 5-year jail term in South Korea
Strict reporting rules for crypto businesses in South Korea are set to come into effect, with existing firms given six months to comply or face stiff penalties. дальше »
2021-3-17 11:58 | |
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South Korea: How are 'crypto-moms' leading the 'second boom?'
Thanks to the recent bull rally, many more people are turning towards the cryptocurrency market all around the world. This has been the case in Asia too, with countries such as Japan and India registeThe post South Korea: How are 'crypto-moms' leading the 'second boom?' appeared first on AMBCrypto. дальше »
2021-3-6 18:00 | |
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South Korea’s Hancom Group to Participate at the All Digital CES 2021
Hancom Group, a leader in creating game-changing technology ecosystems has announced that it will participate in the All Digital CES 2021 held from Jan. 11 to 14. The company will present... дальше »
2021-1-9 08:39 | |
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South Korean Government Bans Privacy Coins as Part of Anti-Money-Laundering Drive
Privacy digital currencies catch the South Korean government’s ire. South Korea to Ban Privacy-Centric Crypto Coins According to a report by Asia Times, the South Korean government has decided to go ahead with the plan to ban all privacy-focused digital currencies as part of its drive to prohibit money-laundering in the country. дальше »
2020-11-19 02:00 | |
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Will Asia's tightening of crypto-regulations threaten its 'crypto-hub' position?
Asia has been called the 'crypto-hub' of the world for a long time now. Countries like Japan, Singapore, South Korea, and China have all recorded significant growth in the space over the past few yearThe post Will Asia's tightening of crypto-regulations threaten its 'crypto-hub' position? appeared first on AMBCrypto. дальше »
2020-5-1 11:00 | |
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Crypto News Roundup for March 5, 2020
South Korea passes a milestone regulation to restructure exchanges, Ethereum finds itself at a critical make-or-break point, and Bitcoin continues to test the next resistance at $9,150 — all these and more in today’s BeInCrypto daily news roundup for March 5. дальше »
2020-3-6 07:59 | |
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South Korea's telecom firm KT to launch digital currency
South Korea's leading telecom company, KT is all set to launch its digital currency called Dongbaek Currency. According to reports from a local publication, the blockchain-powered "local currency" wiThe post South Korea's telecom firm KT to launch digital currency appeared first on AMBCrypto. дальше »
2019-12-20 11:30 | |
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Bithumb Brings Korea Into EOS Government
Bithumb, one of Korea’s largest exchanges by reported volume, has decided that Koreans are not adequately represented in the EOS network. Korea Gets a Voice In EOS Governance The exchange claims that as much as 10% of all EOS belongs to Koreans. дальше »
2019-8-2 14:02 | |
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Around The Block With Jeff And Dave – July 30, 2019 – Bitcoin 9500, IRS Wants Your Crypto, China Unbans Bitcoin, LG Korea AI/Blockchain, Solve.Care Pradeep Goel Speaks! Join Us!
In this episode, we look at bitcoin at 9,500 (again). The IRS wants to say, “All Your Bitcoins Are Belong To The IRS”, China unbans bitcoin (again) — and, in fact, they are saying that it might be good. дальше »
2019-7-31 18:27 | |
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Binance’s CZ hints at targeting South Korea, Senators unleash hell on Facebook’s Libra and more
Crypto News – 17 July – Binance’s CZ hints at targeting South Korea, Senators unleash hell on Facebook’s Libra and more Don’t forget to follow us for our daily videos#Facebook #libra #facebooklibra #CryptoNews #CryptocurrencyNews #cryptocurrency #Binance pic. дальше »
2019-7-17 19:00 | |
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Korean blockchain project ICON unveils new transaction fee system
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceICON, one of the largest blockchain projects in South Korea, today has unveiled ‘Fee 2. 0’ – the new transaction fee system of the ICON Network. дальше »
2019-7-16 20:05 | |
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‘DELIVER’ Blockchain Platform Successfully Monitors Shipment from South Korea to Rotterdam
The project, according to the The Maritime Executive, was a success thanks to the proof-of-concept jointly overseen by Samsung SDS, ABN AMRO, a Dutch bank, and the Port of Rotterdam. The Maritime Executive reported that the container, shipped from South Korea, was tracked from when it set sail all the way to its arrival, everything […] дальше »
2019-7-3 22:05 | |
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Samsung CEO admits pushing Galaxy Fold ‘before it was ready’
The Samsung Galaxy Fold was supposed to change smartphone form factors forever, but as we all know by now, the revolution will have to wait. After numerous problems were revealed days after the first batch of phones was sent to reviewers, Samsung was forced to delay the device’s April launch with no firm release date in sight. дальше »
2019-7-2 02:50 | |
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South Korea puts exchanges on the hook for losses
Emerging from the wake of the 2008 financial crash, Bitcoin promised an alternative to bailing out central banks. But all too often, Bitcoiners have found themselves paying for the mistakes of crypto exchanges, which continue to get hacked. дальше »
2019-6-30 22:00 | |
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Bitcoin Buying Options in South Korea is Nealry $1,000 USD Higher than the Global Market
Over the last few days, Bitcoin experienced another significant surge which saw the price shoot up all the way to $13,000 before retracing. The price surge was another exciting period that reassured many that the possibility of the number one coin hitting its previous all-time high and even surpassing it was quite feasible. As usual, […] дальше »
2019-6-29 19:06 | |
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Korean Crypto Exchanges Face Backlash, Could it Stunt Bitcoin's Run?
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. дальше »
2019-6-25 22:54 | |
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North Korean Hackers Attack Upbit Users in South Korea
North Korean hackers have made a phishing attempt on users of the South Korean crypto exchange Upbit. News correspondents in Korea broke this development on May 29, 2019, detailing the ploy to steal Upbit users’ information. дальше »
2019-6-1 00:54 | |
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Infographic: An Overview of Compromised Bitcoin Exchange Events
The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2. дальше »
2019-5-25 21:56 | |
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Price of $BTC Hovers at $7,950 USD as Analyst Asserts: “Next Bitcoin Bull Run will be Even Wilder”
One of the most enthusiastic crypto trading nations, South Korea sees a renewed wave of interest in BTC An intermediate trend is all good, JP Morgan acknowledges Bitcoin’s intrinsic value Since the top of the previous bull market, the market has grown immensely. дальше »
2019-5-21 18:12 | |
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Samsung has reportedly sorted the Galaxy Fold’s screen problems
Last month, Samsung faced a wave of criticism when review units of its ambitious Galaxy Fold phone started to break down. Now, according to Korean media outlet Yonhap, the company’s made some improvements, and is testing the units with mobile carriers in South Korea. дальше »
2019-5-16 10:10 | |
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Samsung and HTC to have crypto and blockchain features on their devices
The South Korean electronics giant, Samsung has announced that crypto and blockchain features will be available in all of their budget smartphones in the future. The news was announced by Business Korea, an English Language local media on 15 May. дальше »
2019-5-16 02:30 | |
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World No.1 Blockchain Game Publishing Platform Mixmarvel Held News Conference Successful in South Korea
World No. 1 Blockchain game publishing platform MixMarvel completed news conference successfully in Seoul, South Korea. The event was taken place at 7 PM on April 30th, giving those interested in the blockchain game the chance to meet the team behind it. дальше »
2019-5-1 18:37 | |
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US Traders Visit Crypto Exchanges 22 Million Times Each Month, DataLight Research Reveals
A new research paper produced by DataLight has discovered that the United States, Japan and South Korea are the three main fans of crypto exchanges in the whole world. Datalight investigated where all the traders come from and discovered that most of them come from the U. S. After analyzing over 100 platforms, the company […] дальше »
2019-5-1 00:58 | |
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Fin Foundation Plans to Implement Token Payment on Gas Stations all over Western Europe
Bitcoin Press Release: Fin Foundation, a newly created company with South Korean roots, are aiming to take over the Russian and CIS gasoline market, by implement the FIN token as a method of payment at gas stations. дальше »
2019-4-28 20:35 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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Fin Foundation Plans to Implement Token Payment on Gas Stations all over Western Europe
Bitcoin Press Release: Fin Foundation, a newly created company with South Korean roots, are aiming to take over the Russian and CIS gasoline market, by implement the FIN token as a method of payment at gas stations. дальше »
2019-4-25 17:55 | |
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Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges
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. дальше »
2019-4-25 17:04 | |
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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges
Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global. дальше »
2019-4-24 22:55 | |
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BORA Attends Klaytn Partners Day in Korea
On March 19th, the BORA team travelled to the Kakao headquarters in Pangyo, Korea to attend the Klaytn Partners Day event. They were joined by investors, reporters, and other partners who all wanted the latest news on this innovative blockchain project. дальше »
2019-4-3 07:09 | |
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BORA attends Klaytn Partners Day in Korea
On March 19th, the BORA team traveled to the Kakao headquarters in Pangyo, Korea to attend the Klaytn Partners Day event. They were joined by investors, reporters, and other partners who all wanted the latest news on this innovative blockchain project. дальше »
2019-4-2 15:00 | |
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South Korea: Bithumb Exchange Hacked; EOS and XRP Worth Millions Stolen
South Korean cryptocurrency exchange Bithumb on March 30, 2019, announced that it recently observed “abnormal withdrawal” of crypto holdings from the company’s hot wallet, an incident its employees orchestrated the firm suspects. дальше »
2019-4-1 09:00 | |
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CoinDesk Continues Asia Pacific Campaign With CoinDesk Japan
Following an alliance with Morningstar Japan; the creation of CoinDesk Korea; and the launch of Consensus:Singapore; popular cryptocurrency news organization CoinDesk continues its expansion into the Asia-Pacific region. дальше »
2019-3-10 20:05 | |
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South Korea: Kakao Ventures Invests Undisclosed Sum in Stablecoin Project Terra
Terra, a blockchain-powered payments platform has received an undisclosed investment from South Korean venture capital firm Kakao Ventures, reports Crowdfund Insider, March 4, 2019. Kakao Goes All in on Terra Saying that South Korea has emerged as one of the global hotbeds for everything blockchain and crypto wouldn’t be a stretch by any means. дальше »
2019-3-5 21:00 | |
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Dow Struggles as US Stock Market Wrestles with Cooling Trump Economy
The Dow and wider U. S. stock market struggled for direction Thursday after talks between President Donald Trump and North Korea’s Kim Jong Un ended abruptly, raising the specter of a new confrontation with the hermit kingdom. дальше »
2019-3-1 19:30 | |
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South Korea’s Blockchain Project ICON Tunes Out Noise Regarding IPO Plan Rumors
ICONLOOP, the South Korean development company behind the project ICON, has recently denied the rumors that the company is trying to hold an Initial Public Offering (IPO) soon. All the rumors started after a local media company called Pulse News used an unnamed source from the banking industry to affirm that ICONLOOP was trying to […] дальше »
2019-2-28 22:11 | |
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A Central Bank Digital Currency May Lead to All Kinds of Monetary Chaos, says Korea’s Central Bank
A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks. дальше »
2019-2-8 14:20 | |
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'Bank Panic' And Reduced Lending: Korea Warns Of Central Bank Digital Currency Risks
But it’s not all doom and gloom.
дальше »2019-2-9 23:21 | |
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ICO Ban to Continue in South Korea, FSC Says
South Korea’s state financial regulator Financial Service Commission (FSC) will continue the ban on initial coin offerings (ICOs); this was confirmed in a press release published on January 30, 2019. дальше »
2019-2-2 22:00 | |
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2019 Blockchain Convergence Summit: Chain Plus+ Kicked Off with Great Fanfare… Attended by All Major Blockchain Investors
CoinSpeaker 2019 Blockchain Convergence Summit: Chain Plus+ Kicked Off with Great Fanfare… Attended by All Major Blockchain Investors 2019 Blockchain Convergence Summit: Chain Plus+ (Chain Plus) opened with great success, attended by around 2000 blockchain experts and general participants from South Korea and overseas. дальше »
2019-1-25 00:51 | |
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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments
Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »
2019-1-23 00:57 | |
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Dash is accepted in Venezuela after all, Cardano (ADA) set to conquer South Korea while Stratis shows signs of life
While KFC Venezuela isn’t accepting DASH after all, Church’s Chicken Venezuela is Several news outlets reported a story about the popular fast food chain KFC’s Venezuelan affiliates starting to accept DASH as a form of payment. дальше »
2018-12-13 03:43 | |
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In Bear Market, Korea’s Biggest Crypto Project ICON Showed Solid Progress
A goodbye note from Deblock’s now-former Head of Research revealed the progress of their ICON blockchain project in all these months. And they looked extremely positive. As he left the company to pursue his startup, Markus Jun noted ICON as one of the very few blockchain projects that showed significant accomplishments despite staying inside a. дальше »
2018-12-11 03:00 | |
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New Report Spotlights South Korea’s Growing Importance on Global Crypto Stage
South Korea is already a key player on the global cryptocurrency stage but a new report by blockchain intelligence startup Cindicator suggests that this is only the beginning. South Koreans are estimated to account for 30% of all cryptocurrency trading in the world and about 30% of locals are said to have invested in them. дальше »
2018-12-7 02:30 | |
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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
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