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South Korea postpones digital asset law to 2026 amid stablecoin oversight dispute
South Korea's ruling Democratic Party is working to consolidate several lawmaker proposals into a revised digital asset bill. дальше »
2026-1-1 00:00 | |
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Cardano heads further south amid stablecoin launch. What holds for the token next?
The first stablecoin on Cardano (ADA/USD) has been launched. The USD-based stablecoin, iUSD, was launched by the decentralised synthetic asset issuance protocol, Indigo. The launch of iUSD comes two months after Cardano’s hard fork that allowed the building of dApps on the blockchain. дальше »
2022-11-23 20:27 | |
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ARGOS ID presents the World’s First Travel Rule Solution for Unhosted Wallets
Seoul, South Korea, 14th November, 2022, Chainwire ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage. дальше »
2022-11-14 10:52 | |
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South Korean regulators aim to toughen crypto fraud punishments
The legislation, separate from the upcoming Digital Asset Basic Act, may came into force already in 2023.
дальше »2022-11-1 12:55 | |
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South Africa Recognizes Cryptocurrencies as Financial Products
South Africa’s Financial Sector Conduct Authority (FSCA) has declared crypto assets as “financial products”, setting up the pace for the inclusion of the asset class under the country’s regulatory purview. дальше »
2022-10-22 14:58 | |
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Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’
Terraform Labs have described the South Korean prosecutor’s arrest warrant for its CEO Do Kwon as an overreach of their authorities, The Wall Street Journal reported September 28 Citing a Terraform statement, WSJ wrote that a spokesman for the firm claimed that the failed Luna crypto asset was not a security, so South Korea’s capital-markets law […] The post Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’ appeared first on CryptoSlate. дальше »
2022-9-29 00:46 | |
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South Korea Issues a Warrant of Arrest for Do Kwon, CEO’s Assets Frozen
After the warrant for CEO Kwon Do-arrest was issued in September, he abruptly transferred approximately 3313 BTC (Bitcoin) to two overseas virtual asset exchanges. дальше »
2022-9-28 06:00 | |
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Do Kwon Issued Red Notice From International Police After $60 Billion Crypto Wipeout Mess
International Police (Interpol) has issued a red notice on Do Kwon, Terra Labs co-founder, according to the information given by South Korean law enforcement officers. South Korea says Do Kwon is to blame for the $60 Billion digital asset wipeout… дальше »
2022-9-26 13:50 | |
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LG Electronics Set to Launch Digital Asset Wallet Called Wallypto
A South Korean technology company, LG Electronics, has applied for a patent registration for its newly invented digital asset wallet code-named Wallypto which is currently being beta tested to limit system errors and crashes. дальше »
2022-9-3 23:30 | |
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Bitcoin Price Below Psychological Level $22,000; Is The Next Stop At $17,000?
Bitcoin price over the last 24 hours moved south on its four-hour chart. Very recently Bitcoin had rose above the $20,000 price mark but the bears failed to hold the asset at that price mark. In the last 24 hours, the coin was mostly consolidating on its chart. дальше »
2022-8-31 04:00 | |
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South Korean financial majors want to create virtual assets exchange in 2023: Report
Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to create the exchange. дальше »
2022-8-23 23:59 | |
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South Korea: Crypto-airdrops might soon be subject to Gift Tax
According to a report by South Korean news agency Yonhap News, virtual asset transfers for free are subject to gift tax. This, as per the guidance of the Ministry of Strategy & Finance in the couThe post South Korea: Crypto-airdrops might soon be subject to Gift Tax appeared first on AMBCrypto. дальше »
2022-8-22 16:25 | |
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South Korea mulls gift tax on airdrops, staking rewards, and hard-forked tokens
Despite postponing crypto gains tax to 2025, the South Korean Ministry of Strategy and Finance has today declared that virtual asset airdrops, hard forked tokens, and staking rewards will be subject to a gift tax under the Inheritance and Gift Tax Act. дальше »
2022-8-23 14:20 | |
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16 Crypto Platforms Face Suspension in South Korea Amid Crackdown
The Korea Financial Intelligence Unit (KoFIU) said that it has alerted the investigating authority about the illegal business activities of 16 unregistered Virtual Asset Service Providers (VASPs) operating in South Korea. дальше »
2022-8-19 22:00 | |
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Task Force to Expedite Review of South Korean Virtual Asset Bills
South Korea’s top financial regulator has assigned a task force to “expedite the review process of bills on virtual assets,” said its chairman Kim Joo-hyun. The post Task Force to Expedite Review of South Korean Virtual Asset Bills appeared first on BeInCrypto. дальше »
2022-8-12 18:00 | |
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What Do We Know About The Crypto.com Expansion Into South Korea
Crypto. com is one of the world’s fastest growing digital asset trading platform. It has recently spoken about its acquisitions in South Korea which would help in Crypto. com’s South Korea expansion plan. дальше »
2022-8-9 04:00 | |
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Crypto.com secures South Korea regulatory licenses with key acquisitions
Crypto. com has announced expansion into South Korea via the acquisition of two locally registered firms – the payments provider PnLink Co. and virtual asset platform OK-BIT Co. With the deals, Crypto. дальше »
2022-8-9 12:40 | |
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Korean crypto exchange KODA to use Uppsala to boost AML and threat detection
Uppsala, a blockchain security service provider for crypto AML/CTF, transaction risk management, regulatory compliance, and transaction tracking, has announced today that it has signed a contract to supply digital asset AML solutions to KODA (Korea Digital Asset), a South Korean crypto exchange. дальше »
2022-8-2 04:01 | |
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South African Central Bank to Look at Regulating Crypto
South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo has said "our view has changed" from five or six years ago when there was "no intent on regulating this from a currency point of view" to regarding crypto "as a financial asset that we hope to regulate." дальше »
2022-7-14 19:56 | |
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Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse
Local reports have confirmed that the South Korean government will launch a Digital Asset Committee this month in the wake of the Terra collapse. The post Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse appeared first on BeInCrypto. дальше »
2022-6-1 20:15 | |
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South Korea Toughens Up Security In Response To Terra’s Crash
According to Local media accounts, South Korea’s Financial Supervisory Service (FSS) has moved to standardize risk assessment for virtual assets, the FSS reported these details during the “Enactment of the Digital Asset Framework Act and Emergency Inspection of Coin Market Investor Protection Measures” conference. дальше »
2022-6-1 21:59 | |
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Terra faces litigation from South Korean investors over failed UST investment
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to local media reports. дальше »
2022-5-18 19:30 | |
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ICOs are coming back following sweeping crypto reforms in South Korea
South Korea’s Presidential Transition Committee is proposing a crypto framework designed to foster the growth of the digital asset industry. The post ICOs are coming back following sweeping crypto reforms in South Korea appeared first on CryptoSlate. дальше »
2022-5-7 05:00 | |
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Why Is South Korea Leading in Crypto?
Over the last few years, the astronomical growth in cryptocurrency prices facilitated the surge of crypto and blockchain technology adoption in a few key markets. South Korea is one of them. The nation has always been a leading force and major participant in the emerging digital asset economy. дальше »
2022-4-7 11:55 | |
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What Could Change For South Korea’s Crypto Regulations
The new president of South Korea Yoon Suk-yeol wants the country to lead the crypto market. Recently, he vowed to deregulate the virtual asset industry and expects to set a more amicable regulatory framework in order to promote local growth. дальше »
2022-3-18 00:00 | |
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LABEL Foundation Debuts On South Korean Digital Asset Exchange Coinone
LABEL Foundation (LBL) has been listed on South Korean digital asset exchange Coinone. The listing is a huge milestone for the project given that South Korea possesses some of the strictest crypto listing regulations worldwide. дальше »
2022-2-26 11:00 | |
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LABEL Foundation debuts on top digital asset exchange in South Korea
LABEL Foundation recently gained authorization from one of South Korea's main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson The post LABEL Foundation debuts on top digital asset exchange in South Korea appeared first on AMBCrypto. дальше »
2022-2-25 09:00 | |
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South Korea’s Kookmin Bank Launching Crypto Investment Product
Kookmin Bank of South Korea has announced that it has now set up a Digital Asset Management Preparatory Committee, ahead of the impending launch of its digital asset investment products. The firm says the committee will focus on determining the… дальше »
2022-2-22 00:10 | |
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AnChain.AI, Doosan Corporation (Doosan Digital Innovation BU) on Flow
Silicon Valley-based digital asset platform company AnChain.AI today announced its partnership with Doosan Corporation (Doosan Digital Innovation BU- hereafter, DDI), a South Korean multinational conglomerate... дальше »
2021-12-10 09:20 | |
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Despite regulatory headwinds, P2P crypto trading surges in South Korea
Despite fears of another regulatory crackdown, South Korea’s digital asset market has been growing well, and peer-to-peer Bitcoin trading is still surging, hitting all-time highs over November. AThe post Despite regulatory headwinds, P2P crypto trading surges in South Korea appeared first on AMBCrypto. дальше »
2021-11-27 21:30 | |
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Baekdu Technologies Raises $1M From Mirae Asset Ventures
Mirae Asset Venture Investment is a South Korean venture capital specialized in incubation, buyout, growth, and cross-border investments. Mirae Asset's subsidiary Horizon ETF launched the world's first inverse Bitcoin ETF in Canada in 2021. дальше »
2021-11-10 11:25 | |
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Why Hong Kong Could Allow Retail To Dabble Into Crypto ETFs
The local securities regulator in Hong Kong will review the rules for people to be able to trade crypto-linked Exchange Traded Funds (ETFs). According to a report by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) will take another look into its digital asset transaction regulation. Related Reading | Bye-Bye China […] дальше »
2021-11-3 21:00 | |
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New York’s World Trade Center Shines Bright in First Ever All-American Diwali Celebration
CrossTower, one of the world’s fastest leading trading platforms and digital asset investment firms, announced today its partnership with the South Asian Engagement Forum to... дальше »
2021-11-2 06:52 | |
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NFTGO.io forms a Partnership with Korea University Blockchain Research Institute, Seeking Business Opportunities in Korean Market
Oct.26, South Korea. NFTGO.io reached official partnership with Korea University Blockchain Research Institute aiming to help the NFT industry grow in healthy and sustainable way. As NFT creates a trend in Korean market, Korean companies are eager to join the emerging NFT-based digital blockchain market and artists, museums and digital asset holders are exploring theRead More дальше »
2021-10-29 11:00 | |
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South Korea’s FSC Nominee Is Not a Cryptocurrency Enthusiast
Koh Seung-beom, the nominee for South Korea’s Financial Service Commission (FSC), said that he does not see cryptocurrencies as a financial asset. FSC Nominee Says Crypto Not a Financial Asset According to the Korean Times on Wednesday (August 25, 2021), Seung-beom made the statement while speaking with journalists. Seung-beom, who is a board member ofRead More дальше »
2021-8-26 04:00 | |
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South Korea CBDC To Appear on Samsung Galaxy Smartphones
Samsung will participate in South Korea’s CBDC pilot program, with the asset set for integration with its flagship Galaxy smartphones. The post South Korea CBDC To Appear on Samsung Galaxy Smartphones appeared first on BeInCrypto. дальше »
2021-8-16 09:35 | |
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Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will be enforced in September. дальше »
2021-7-19 00:30 | |
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South African asset manager denies stealing billions from users, claims $5M was lost in hack
AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.” дальше »
2021-6-29 06:50 | |
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South Africa Working Group Releases New Position Paper Calling for Regulation of Crypto Asset Providers
South Africa’s Intergovernmental Fintech Working Group (IFWG) has a released new position paper that calls for the regulation of the country’s cryptocurrency ecosystem. In the document, the IFWG, which is a creation of the South Africa Reserve Bank (SARB), recommends “a staged approach to bring crypto-assets within the regulatory remit through the regulation of crypto […] дальше »
2021-6-13 08:30 | |
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South Africa’s Financial Watchdog to Regulate Crypto Assets in ‘A Phased and Structured Manner’
South Africa is ready to set crypto asset controls to curb the growing cases of fraud and scams and improve the management of cross-border flows. According to a statement by the Intergovernmental Fintech Working Group (IFWG) and the Financial Sector Conduct Authority (FSCA), the nation will start regulating cryptocurrencies with a “structured approach. дальше »
2021-6-13 17:16 | |
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South Korea’s Financial Regulator Holds Closed-Door Meeting With 20 Crypto Exchanges
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 attended the meeting all had ISMS (Information Security Management System) certification. дальше »
2021-6-5 02:00 | |
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South Korean Regulators Working With Banks in a Bid to Regulate Cryptocurrencies
Regulators in South Korea are now taking an interest in the cryptocurrency industry with plans to introduce regulations for the emerging asset class. The nation’s financial authorities are now seeking the help of banks to aid in these efforts, and have asked them to declare their cryptocurrency businesses to ascertain the exact number of cryptoRead More дальше »
2021-5-6 08:00 | |
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