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South Korean Regulators Create Exclusive Cryptocurrency Department for Policymaking

The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »

2018-7-24 23:00


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South Korean Regulators Create Exclusive Cryptocurrency Department For Policymaking

The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »

2018-7-24 23:00


Crypto Custodian Services to Launch in Hong Kong

A prominent South East Asia-based fund management company is considering the launch of a cryptocurrency custodial service targeting regional institutional investors. The Demand for Cryptocurrency Custodians As reported by South China Morning Post on July 22, 2018, the Singapore-based Fusang Investment Office is planning to offer cryptocurrency holding services after clients expressed rising interest in […] The post Crypto Custodian Services to Launch in Hong Kong appeared first on CryptoSlate. дальше »

2018-7-24 22:00


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South Korea to Establish Digital Currency Policy-Making Department

South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising Technology “Leads Financial Innovation” As reported on The Korea Times, the country’s Financial Services Commission decided after careful consideration of the burgeoning blockchain industry and a crucial need for regulation to […] The post South Korea to Establish Digital Currency Policy-Making Department appeared first on CryptoSlate. дальше »

2018-7-23 09:00


South Korean financial regulator to fit cryptocurrency innovation in its new structure

According to Forbes, the Financial Services Commision [FSC], South Korea’s financial regulatory authority is looking to develop the cryptocurrency and blockchain space. The FSC plans to do this by restructuring itself to accommodate the existence of the Financial Innovation Bureau and to ‘proactively respond to financial innovation in the fourth industrial revolution era’. In a […] дальше »

2018-7-22 06:28


South Korea’s Finance Watchdog’s New Crypto Division

South Korea’s Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The FSC said the new department – dubbed the Financial Innovation Bureau – will focus on developing policy-making initiatives for the domestic blockchain and fintech industry, The Korea Times reported on Thursday. The decision to set up the дальше »

2018-7-20 21:30


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Crypto Exchange Bithumb prevents retreats after the $ 31 million hack

Bithumb, one of the largest cryptocurrency exchanges in South Korea by trading volume, is halting deposit and withdrawal services after hackers stole 35 billion won ($31 million) from the platform. The company said in an announcement today that the hack happened between late Tuesday night and early Wednesday morning local time. Although Bithumb has yet to дальше »

2018-6-20 13:29


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