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South Korea will share crypto data with 48 nations
South Korea has agreed to share information on crypto transactions with as many as 48 states, as per the agreement on the OECD’s Crypto-Asset Reporting Framework. The South Korean government will start sharing information regarding local and foreign investors trading… дальше »
2025-9-2 10:23 | |
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Indiana Man Pleads Guilty to Stealing $38M in Crypto Via ‘Cyber Intrusion’
An Indiana man has pleaded guilty to taking part in the “cyber intrusion” of a Sioux Falls, South Dakota-based financial services company, during which he and unnamed co-conspirators hacked into the company’s servers, stole customers’ personal information, and then stole nearly $38 million in cryptocurrency from 571 victims. дальше »
2024-10-3 20:01 | |
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South Korea levies $860K fine on Worldcoin for compliance failures related to data collection
South Korea’s Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1. 14 billion ($861,408) on Worldcoin and its affiliate Tools for Humanity (TFH) for failures related to disclosure requirements, according to a Sept. дальше »
2024-9-26 19:27 | |
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Leading Asian crypto info provider CoinNess launches English Live Feed with free API offer
Seoul, South Korea, May 8, 2024—CoinNess, one of the largest cryptocurrency investment information providers in Asia, today launched its English service with a Live Feed feature for global audiences. дальше »
2024-5-8 13:48 | |
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Bitget Announces Listing Of CoinNess ($NESS) in Innovation and WEB3 Zone
The top cryptocurrency exchange and Web3 firm, Bitget, has announced that CoinNess ($NESS) is now listed in its Innovation and WEB3 Zone. CoinNess is a blockchain resource and cryptocurrency information platform headquartered in South Korea. дальше »
2024-3-6 16:09 | |
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Worldcoin faces probe in South Korea over privacy concerns
South Korea has initiated an investigation into Worldcoin over privacy concerns, following complaints about the collection of facial and iris recognition data. In a press release on Mar. 4, South Korea’s Personal Information Protection Commission says it will investigate Worldcoin… дальше »
2024-3-5 13:42 | |
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Do Kwon, Reportedly In Hiding In Europe, Taunts Cops For A ‘Meet Up’
Crypto bigshot Do Kwon, who is wanted by prosecutors and the subject of a class action lawsuit by more than 300 investors from Singapore, is reportedly seeking refuge in Europe. This is according to information shared both by the South Korean prosecutors and the Korean Broadcasting System (KBS). дальше »
2022-11-5 12:02 | |
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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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A City in the Metaverse? South Korea’s Seongnam Plans NFT Citizenship
Officials in Seongnam, South Korea, have announced plans to digitally recreate their town in the Metaverse, providing citizens with access to municipal information and services using non-fungible token (NFT) identification. дальше »
2022-9-15 14:00 | |
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16 Exchanges Are Accused Of Illegal Trading
The Financial Services Commission (FSC) claimed that 16 major cryptocurrency service providers in South Korea are accused of violating the so-called “Specific Financial Information Act”. The regulator claims that these platforms conducted trades without proper accounting. дальше »
2022-8-19 18:09 | |
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South Korea to block 16 unregistered foreign crypto exchanges
South Korea’s Financial Services Commission (FSC) reported 16 foreign crypto exchanges to investigative agencies for violating the Specific Financial Information Act, news1 reported on August 18. дальше »
2022-8-19 17:00 | |
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Litecoin’s MWEB Update Attracts Investment Warnings in South Korea
Soon after Litecoin underwent the Mimblewimble Extension Blocks (MWEB) soft fork, South Korean exchanges have raised concerns for the network as the upgrade might conceal transaction information. The post Litecoin’s MWEB Update Attracts Investment Warnings in South Korea appeared first on BeInCrypto. дальше »
2022-5-24 18:38 | |
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South Korea Prohibiting Withdrawals from Exchanges to Non-KYC Wallets Starting March 2022
The South Korean government is prohibiting withdrawals from local cryptocurrency exchanges to non-KYC wallets such as MetaMask, starting next year, as per the local report. Regulators in the country are imposing the travel rule when transferring assets from one venue to another, requiring information of sender and recipient to be recorded in order to prevent […] The post South Korea Prohibiting Withdrawals from Exchanges to Non-KYC Wallets Starting March 2022 first appeared on BitcoinExchangeGuide. дальше »
2021-12-11 18:12 | |
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Just 10 Korean crypto exchanges have registered with the government ahead of deadline
With the clock ticking down on crypto exchanges operating in South Korea, available information on the leading financial regulator’s website shows that only ten of these crypto firms have been able to successfully register with the authorities. дальше »
2021-9-25 10:00 | |
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50 Korean crypto firms apply for new licenses as strict regulation looms
Fifty crypto businesses based in South Korea have applied for a license under the new Information Security Management System (ISMS), a government-backed certification that certifies companies that meet stringent standards of data protection and privacy. дальше »
2021-6-17 19:00 | |
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Fantom (FTM) to Collaborate with Uzbekistan to Modernize IT Infrastructure
Fantom’s footprint across South and Central Asia is set for another milestone with the Directed Acrylic Graph (DAG) protocol set to make inroads into Uzbekistan. The decentralized ledger technology (DLT) protocol is looking to revamp critical areas of the Uzbek information technology (IT) matrix. дальше »
2021-6-11 20:00 | |
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Fantom to pilot blockchain-based IT solutions in Uzbekistan
Fantom’s presence in Central and South Asia has expanded to Uzbekistan, with the partnership focusing on upscaling the country’s information technology infrastructure. дальше »
2021-6-10 13:24 | |
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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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Top South Korean bank set to offer services to local crypto exchanges
The BNK Busan Bank, a renowned South Korean bank, is planning to offer banking services to local crypto exchanges. The bank unveiled this news through an official announcement on March 23, noting that it had decided to test the crypto waters ahead of the implementation of changes to the Specific Financial Information Act on March […] The post Top South Korean bank set to offer services to local crypto exchanges appeared first on Invezz. дальше »
2021-3-27 00:33 | |
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GG56 Ltd. Presents Innovative Health Solution Pass&Go App at AeHIN 7th Annual Conference
GG56 Ltd. is pleased to announce its participation in the Asia eHealth Information Network (AeHIN) MarketPlace, held virtually from Manila, Philippines on January 14th. The AeHIN promotes peer-to-peer collaboration among global organizations to develop and implement digital health initiatives across South and Southeast Asia. дальше »
2021-1-16 13:20 | |
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Blockchain Adoption in South Korea’s Health Sector on the Rise Amid COVID-19
South Korea’s healthcare sector is seeing an increase in blockchain adoption as practitioners pivot towards virtual contact with patients amid the ongoing coronavirus pandemic. From the handling of clinical research data to patient information, the novel tech is experiencing utilization in South Korea as stakeholders prioritize privacy and efficiency within the industry. дальше »
2020-12-16 20:00 | |
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South Korea’s Central Bank Announces Plans to Circulate National Digital Currency as Part of Pilot Test in 2021
Coinspeaker South Korea’s Central Bank Announces Plans to Circulate National Digital Currency as Part of Pilot Test in 2021As the central bank of South Korea seeks to complete the pilot tests of its national digital currency, it has not announced any information regarding partnerships with major commercial business enterprises yet. дальше »
2020-10-8 18:02 | |
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Leaked Data Outs Bitcoin Investment Company as Scam: Founders Deny the Allegations
A South African group calling itself “Anonymous ZA” has published fresh information that seemingly supports long-standing allegations that Mirror Trading International (MTI), an ostensible bitcoin investment company, is running a multi-level marketing scam. дальше »
2020-9-23 08:00 | |
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Central bank of Brazil forms a team for studying crypto
The cryptocurrency craze that has taken over central banks around the world has started taking a firm grasp in South American countries. According to recent information, the central bank of Brazil has now also developed a strong interest in digital currencies. дальше »
2020-8-26 15:34 | |
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South Korea Academics to Use IOTA for Provenance as a Way of Improving Healthcare Supply Chain
An academic team from the Department of Computer Engineering, Kyung Hee University, Yongin, is developing an IOTA-based system to improve the supply chain of medical equipment with support from the Institute of Information & Communications Technology Planning & Evaluation (IITP) grant which is directly funded by the South Korean government. дальше »
2020-8-17 21:00 | |
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South Korea: Major Banks to Start Offering Crypto Custodial Services
Leading South Korean lenders are now putting preparation in top gear to roll out custodial services for bitcoin and other digital assets. The move follows the government’s recently amended Special Financial Transactions Information Act, according to a report by local news platform, MTN on August 13, 2020. дальше »
2020-8-15 15:00 | |
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Samsung Unveils World’s First 5G Handset with Blockchain-Powered ID Authentication
Coinspeaker Samsung Unveils World’s First 5G Handset with Blockchain-Powered ID AuthenticationSamsung has joined hands with the South Korean telecommunications giant SK Telecom, as the two companies plan to leverage blockchain-based to provide quantum security and prevent any falsification or theft of user information. дальше »
2020-5-15 13:43 | |
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South Korean Govt to Fund $3.2M to Blockchain Startups That Create Economic, Social Value
The Government of South Korea has made yet another progressive move to support blockchain development after it announced $3.2 million funding to startups. This initiative is a collaboration of the country’s Ministry of Science & ICT (Information and Communications Technology) together with the National Institute of Information and Communication Industry Promotion (NIPA). According to a […] дальше »
2020-3-18 15:38 | |
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South Korean National Assembly Passing Of Two Amendments, Making Crypto Legal
First, it was India, now South Korea has taken a positive step towards cryptocurrencies. The recent amendment of the Act on Reporting and Use of Specific Financial Information passed today during a session of the National Assembly, which officially allows crypto trading and holding. дальше »
2020-3-6 21:03 | |
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South Korea's parliament reportedly 'legitimizes' Cryptocurrency as a legal entity
According to reports, a full session of the National Assembly of the South Korean parliament has passed an amendment to the Act on Reporting and Use of Specific Financial Information. Owing to this amThe post South Korea's parliament reportedly 'legitimizes' Cryptocurrency as a legal entity appeared first on AMBCrypto. дальше »
2020-3-5 13:00 | |
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Breaking: Cryptocurrency Now Fully Legal in South Korea
In another significant development for the cryptoverse, the South Korean National Assembly has officially passed the “Act on Reporting and Use of Specific Financial Information” bill into law, making cryptocurrency trading and holding a legal activity in the nation, reports TheNewsAsia on March 5, 2020. дальше »
2020-3-6 12:00 | |
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Bank of Korea Recruits Experts To Analyze The Impact of Digital Currencies
The central bank of South Korea is hiring a group of experts that will be working in order to analyze cryptocurrencies and to expand the bank’s knowledge of virtual currencies. The information was released by the Bank of Korea in a document on December 27. дальше »
2019-12-28 20:09 | |
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Crypto Payment Startup HUPAYX to tap into Four Hundred Thousand Stores in S. Korea
August, 2019, Seoul, South Korea – The goal of The Human Plus team, the makers of HUPAYX, is creating a new global paradigm in blockchcain based everyday economy together with its alliance partners. дальше »
2019-8-5 06:07 | |
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PR: Uruguayan President Meets With the Founder of SCRY
Uruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. дальше »
2019-8-2 12:30 | |
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South Korea Leads the World by a Wide Margin in Number of Accepted Blockchain Patents
A new survey made by Withers & Rogers brought up an interesting piece of information: South Korea is currently the country with the highest rate of approved blockchain patents in the whole world. дальше »
2019-7-24 19:23 | |
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Samsung Joins Major Korean Companies To Develop Self-Sovereign Blockchain Mobile ID System
South Korean firms are working together in order to launch a new blockchain identification system to be released in 2020. The information was released by the Korea Times on July 14. The intention is to create a new ID system that would require no intermediaries. дальше »
2019-7-15 16:49 | |
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South Korea’s LG Set to Use Its Monachain Blockchain for School Cafeteria Lunches’ Supply Chain
South Korean electronics giant LG through its subsidiary, LG CNS, is set to use the blockchain technology to enhance transparency in school cafeteria lunches supply chain, Cointelegraph reports. The food distribution platform will open up value chain information to consumers. дальше »
2019-7-10 22:05 | |
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Indian Government Shed Light on Proposed Crypto Regulation
Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. дальше »
2019-6-22 13:05 | |
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ABBC Reveals New CTO, Forms Partnership with UbiFun for Aladdin25 Development
ABBC Foundation recently inked a strategic partnership with UbiFun, a mobile platform development firm based in South Korea. Consequently, the partnership officially cements the appointment of UbiFun’s CEO Stanley Park as ABBC Foundation’s CTO from now on. дальше »
2019-6-10 08:33 | |
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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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North Korean hackers caught phishing for South Koreans’ cryptocurrency
Hackers from North Korea are making headlines again, this time for going after the funds of users of South Korean cryptocurrency exchange UpBit. The hackers allegedly sent a phishing email to UpBit users earlier this week. дальше »
2019-5-31 11:29 | |
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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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Facebook to Sue South Korean Data Analytics Company, Rankwave, Over Failure to Abide by Policies
Facebook was under a lot of heat when the Cambridge Analytica scandal exploded. As we may have all heard, the scandal involved a personality-quiz app created by a representative from Cambridge, where Facebook users downloaded and answered the questions. дальше »
2019-5-13 22:40 | |
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Craig Wright’s Motion to Seal Bitcoin Addresses Denied
In a widely expected move, the District court of South Florida has dismissed Craig Wright’s motion to seal his Bitcoin holdings and addresses, May 03, 2019. If Wright doesn’t comply, the court indistinctly said there are other ways to obtain this information, methods of which Kleiman’s estate will be authorized to use. дальше »
2019-5-6 17:00 | |
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South Korea’s Gil Medical Center, Longenesis To Create Blockchain Health Management Database
South Korean Hospital And Longenesis To Create Blockchain-Powered Health Data Management Database According to news outlet, Coin Telegraph, two entities are coming together to create a blockchain-based health information management system. дальше »
2019-4-25 20:01 | |
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South Korean Firm Adopts 5G Blockchain Technology to Fight IoT Hacks
There is a new tool in the fight against hacks as Korea Telecom (KT) has unveiled a new blockchain-based 5G network that masks the IP addresses of IoT device users, reported on April 16, 2019. Unhackable Technology has brought the world many great gifts such as better communication and the fast sharing of information. дальше »
2019-4-17 20:00 | |
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ICONLOOP and ITU to collaborate on African blockchain incubation program
CryptoNinjas ICONLOOP, a blockchain-specialized tech company based in South Korea, announced today it has signed a collaboration arrangement with ITU (International Telecommunication Union), which is the United Nations’ specialized agency for information and communication technologies. дальше »
2019-4-12 08:12 | |
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