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NFTs as Virtual Assets: South Korea’s New FSC Guidelines
South Korea's Financial Services Commission issues new guidelines clarifying when NFTs are considered virtual assets, impacting how businesses must operate under upcoming regulations. The post NFTs as Virtual Assets: South Korea’s New FSC Guidelines appeared first on NFT News Today. дальше »
2024-6-10 15:37 | |
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South Korea issues guidelines for classifying NFTs as virtual assets
South Korea's Financial Services Commission has issued guidelines detailing when NFTs should be considered virtual assets. The guidelines focus on mass-produced, divisible, and payment-focused NFTs. дальше »
2024-6-10 12:19 | |
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South Korea eyes listing rules for crypto exchanges after LUNA scandal
South Korean lawmakers are calling on the country’s crypto exchanges to formulate guidelines for listing and delisting cryptocurrencies, Bloomberg News reported. The post South Korea eyes listing rules for crypto exchanges after LUNA scandal appeared first on CryptoSlate. дальше »
2022-6-9 14:30 | |
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Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests
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. дальше »
2021-6-28 14:00 | |
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South Korea Prepares to Draft Bitcoin Capital Gains Tax Guidelines
The South Korean government wants to tax capital gains on cryptocurrencies. This new decree has yet to be officially improved by the proper authorities. South Korean news outlet Korea Times claims the government wants to impose capital gains taxes on virtual currencies, including bitcoin. дальше »
2019-12-10 01:00 | |
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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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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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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation
Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States. дальше »
2018-10-4 20:51 | |
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Korean Lawmaker is ‘Upset to See South Korea Prohibit ICOs’
This week, South Korean lawmakers observed the government’s confusing stance on distributed ledger applications, with blockchain technology promoted across the board and ICO projects facing strict crackdowns. дальше »
2018-8-31 12:00 | |
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South Korea’s National Assembly Keen to Discuss ICO Guidelines and Blockchain Technology
According to Business Korea, the National Assembly of South Korea convened in an extraordinary session to discuss different ways to promote cryptocurrency and blockchain technology. Although South Korea enacted a blanket ban on initial coin offerings (ICOs) in September 2017, the National Assembly is interested in creating new guidelines for the ICO industry. дальше »
2018-8-23 15:15 | |
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Lawmakers pushed to pass South Korea’s first Cryptocurrency Bill
Following a billions-worth heist of cryptocurrency exchanges, South Korea’s financial regulator urged lawmakers to pass the bill bringring exchanges under the FSC’s direct supervision. Over a month ago, two largest cryptocurrency exchanges, operating in South Korea became victims of infamous hackers’ attacks. дальше »
2018-7-28 23:10 | |
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Korean Blockchain Association Gives 12 Local Cryptocurrency Exchanges Clean Bill of Health, Insurance on the Horizon
In a bid to improve the security level and general standards of cryptocurrency exchanges in South Korea, after a series of hacks and heists rattled the local cryptospace, the Korean Blockchain Association (KBA) formulated a set of stringent guidelines that would govern exchanges and crypto-related projects in the state. дальше »
2018-7-17 20:00 | |
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South Korean Regulators to Introduce New Cryptocurrency-Related Proposals This Month
A lot of things are changing in South Korea’s cryptocurrency ecosystem. With all major exchanges adhering to self-regulation, the government has bought additional time prior to introducing official guidelines. дальше »
2018-7-14 19:00 | |
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South Korea Sets up Cryptocurrency Regulations
The Financial Services Commission of South Korea has announced new cryptocurrency rules which will put the country on the world map. The new rules will allow better regulations in monitoring trading. дальше »
2018-7-2 15:58 | |
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South Korea Unveils New Supportive Crypto Regulations
The South Korean Financial Services Commission (FSC) had released a new regulatory framework and Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines for cryptocurrency exchanges in the country. дальше »
2018-7-1 14:49 | |
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Korea Revises Anti-Money Laundering Guidelines for Virtual Currencies
A press release has been published by South Korea’s top financial regulator this week outlining new anti-money laundering (AML) guidelines for virtual currencies. This newest set of amendments to South Korea’s AML guidelines has been drawn out following the completion of a series of on site inspections of three domestic banks by the country’s Financial… The post Korea Revises Anti-Money Laundering Guidelines for Virtual Currencies appeared first on UNHASHED. дальше »
2018-6-29 01:44 | |
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South Korean Financial Watchdog Releases Stricter AML Guidelines for Virtual Currencies
South Korea’s Financial Services Commission released new AML guidelines that require crypto exchanges to conduct proper customer ID due diligence
дальше »2018-6-29 21:55 | |
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Korean crypto exchanges step up to aml compliace. Banks are burning out
Regulation As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. дальше »
2018-6-18 10:37 | |
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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing
As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. дальше »
2018-6-18 08:40 | |
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