Crypto .com postpones expansion plans for South Korea, talks with regulators

2024-4-24 17:36

The Singapore-based exchange is postponing its expansion plans for South Korea, citing the need to communicate with regulators. The post Crypto .com postpones expansion plans for South Korea, talks with regulators appeared first on Crypto Briefing. origin »

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korea regulators crypto south plans expansion postpones

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Источник: cryptobriefing.com

korea regulators → Результатов: 78

Bitcoin ETFs under review by South Korean regulators, FSS governor shares insights

South Korean financial regulators are currently in discussions about potentially allowing spot Bitcoin exchange-traded funds (ETFs) within the country. Lee Bok-hyun, serving as the governor of the Financial Supervisory Service (FSS), revealed ongoing discussions within South Korea’s regulatory bodies. In…

2024-3-5 14:52	Cryptocurrency
south governor bitcoin within fss discussions financial

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South Korean regulators studying crypto whales- Here's why

The Financial Service Commission (FSC), South Korea's leading financial watchdog, believes that stablecoins and cryptocurrencies may make it easier to launder money. As a result, it will allegedlyThe post South Korean regulators studying crypto whales- Here's why appeared first on AMBCrypto.

2022-10-25 14:30	News
south financial whales- crypto regulators studying korean

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South Korea Is Gearing Up to Institutionalize Security Tokens

The country's financial regulators plan to publish guidelines for security token issuance and distribution towards the end of 2022.

2022-9-8 18:32	policy
security issuance token guidelines distribution 2022 towards

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South Korean regulators to prepare guidelines for security tokens in 2022

South Korea will get a separate security tokens market operated by Korea Exchange.

2022-9-8 12:47	security
korea south tokens security exchange separate get

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South Korea: Regulators Mulling Taxing Cryptocurrency Gains

South Koreans cryptocurrency traders could soon find themselves busy doing taxes. According to a report by Decrypt published on May 30, 2020, the South Korean Ministry of Strategy and Finance has proposed taxing profits made via crypto-fiat transactions.

2020-5-31 17:07
south taxing cryptocurrency korean ministry 2020 may

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Bitcoin: Are current crypto-tax laws hindering coin's adoption?

Crypto-taxing has been talked about a lot lately. While South Korea's regulators recently stated that taxes cannot be imposed on crypto-profits, Spain’s tax agency, the Agencia Estatal de AdministraThe post Bitcoin: Are current crypto-tax laws hindering coin's adoption? appeared first on AMBCrypto.

2020-4-19 00:30	BTC Trading View
coin bitcoin hindering adoption laws current crypto-tax

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After Germany, India, South Korea, And France, Are More Countries Likely To Warm Up To Crypto Real Soon?

The past couple of days have been spectacular in terms of bolstering crypto adoption. Financial regulators and lawmakers in India, South Korea, Germany, and France have softened their stance towards crypto through the passing of crypto-friendly laws.

2020-3-8 10:36	South Korea
crypto france germany india south korea lawmakers

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South Korea Officially Legalizes Cryptocurrencies: Unconfirmed

South Korean regulators have given the greenlight on crypto trading in the country, causing the community to go nuts with joy. However, no official confirmation yet

2020-3-5 14:08
south community causing nuts confirmation yet official

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South Korea Considers Imposing a 20% Income Tax on Cryptocurrencies

South Korean regulators are reportedly considering a 20% income tax on income from crypto transactions

2020-1-20 11:30	altcoin
income tax south considering reportedly crypto transactions

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Why the Recent Developments in South Korea and the Swelling tide of Regulation Could be not so bad for the Crypto Industry

The coming calendar change has regulators rethinking how they stand in relation to cryptocurrency moving forward. Reports out of South Korea have lawmakers in the country drafting up bills for legislature that would levy taxes on capital gains earned with crypto and increase the transparency of the virtual asset market.

2019-12-17 12:00	Guest post
korea crypto south bills legislature lawmakers out

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Binance is working with ‘local partners’ to set up South Korean fiat-to-crypto exchange

Binance is spreading its golden wings. The world’s largest cryptocurrency exchange is expanding its fiat-to-crypto base to South Korea. According to local Korean media outlet, BlockInPress, the Maltese-headquartered exchange is in talks with domestic regulators to set up the exchange.

2019-7-16 14:30	South Korea
exchange binance local fiat-to-crypto partners korean south

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5 South Korean Crypto Exchanges Take On New Responsibility for User Losses

Five cryptocurrency exchanges in South Korea, including Bithumb, have increased their liability to users in line with demands from regulators

2019-6-17 10:36	Cryptocurrency Exchange
south exchanges liability increased users line regulators

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An entrepreneur’s guide to South Korea’s blockchain tech scene

While an old Korean proverb warns that ‘If you don’t walk today, you must run tomorrow,’ the motto of modern South Korea’s approach to innovation might be summed up thusly: Walk briskly today, so you’re set to outrun the rest tomorrow.

2019-5-8 18:25	Podium
blockchain today walk tomorrow story south korea

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Bittrex Claims NYDFS’ Problematic Exchange Accounts Were from South Korea, Not North Korea

If Bittrex is to be believed, the New York Department of Financial Services (NYDFS) got the two Koreas mixed up. The crypto exchange has affirmed recently that the New York regulators made a mistake when they identified two users as North Korean in the exchange.

2019-4-23 02:20	Cryptocurrency News
bittrex exchange regulators north new york korea

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Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market

An official at South Korea’s sole securities exchange operator, the Korea Exchange, says the bourse is closely eyeing developments from U.S. regulators in regard to crypto ETFs

2019-2-23 11:50	ETF
korea exchange crypto official bourse says operator

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Official: U.S. SEC’s Bitcoin ETF Verdicts Will Determine South Korea’s Crypto Attitude

South Korea Waits On SEC Rulings The race for the launch of Bitcoin exchange-traded funds (ETFs) has been an onerous one. Since the first proposal was plopped on the desk of American regulators, hopefuls and.

2019-2-22 03:22	United States
south korea bitcoin sec official attitude verdicts

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South Korea Regulators Indict Three Upbit Employees for Alleged Trade Volume Manipulation

No manipulation here, says exchange Upbit after South Korean authorities issue indictment against three employees

2018-12-22 16:25	Fraud
upbit south manipulation three employees indictment against

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Your Thanksgiving Turkey’s Provenance Might Be on a Blockchain (Seriously)

Honeysuckle White is giving family and friends gathering for Thanksgiving dinner this year the opportunity to talk turkey with a traceable blockchain code on more than 200,000 turkeys sold through 3,500 retailers around the U.

2018-11-23 00:52	blockchain
honeysuckle food turkey consumers blockchain traceable program

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Huobi Group Sets Up Communist Party Committee in Beijing

As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company.

2018-11-20 00:18	China
party huobi china communist beijing government company

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South Korea’s First Crypto Fund Shut Down Over Regulatory Pressure

South Korea is a very interesting region when it comes to cryptocurrencies. In most cases, there is nothing but positive news first and foremost. At the same time, local regulators are looking for ways to ensure the industry gains more legitimacy.

2018-11-14 08:05
down south shut korea fund crypto pressure

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Zeniex Crypto Exchange In South Korea Shuts Down After Government Regulators Move In

A South Korean cryptocurrency exchange had to shut down its operations after a recent government crackdown on unauthorized platforms. The cryptocurrency exchange affected is Zeniex and it will be terminating its services after the decision taken by the government.

2018-11-12 12:33	News
government zeniex exchange cryptocurrency down south crypto

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South Korea Cracks Down on Unauthorized Cryptocurrency Funds

South Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund.

2018-10-31 02:00
cryptocurrency unauthorized down south funds exchange fund

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Head of Korea’s Top Financial Regulatory Body Reaffirms Stance Against ICOs

On October 11, Chairman of Korea’s Financial Services Commission Choi Jong-koo reaffirmed his negative stance against virtual currencies and initial coin offerings (ICOs) in a statement given to Korea’s National Assembly.

2018-10-13 02:41	Cryptocurrency News
korea stance against icos national financial chairman

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Superstar plastic surgeon buys major South Korean cryptocurrency exchange

Just weeks before regulators decide the fate of domestic initial coin offerings (ICOs), one of South Korea’s largest cryptocurrency exchanges is changing hands. A consortium led by a superstar plastic surgeon has just bought a controlling stake in Bithumb for $353 million.

2018-10-12 13:54	hard fork
global holdings btc superstar shareholder one consortium

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Bitcoin Price Analysis: BTC Accumulates, Bull Break-Out Likely

Law and order dominates. Inevitably for policy makers, they are now drafting laws after realizing Bitcoin and cryptocurrencies are here to stay. Regulators in Japan, South Korea and Thailand were the first to pick up early signals but now, the wave is sweeping across Europe.

2018-10-9 06:00
bitcoin likely btc analysis break-out accumulates price

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South Korea’s Chief Policy Maker Insists on Legalizing ICOs

In a recent speech given to the National Assembly, Chairman of South Korea’s National Policy Committee Min Byung-Doo urged Korean regulators to legalize initial coin offerings (ICOs).

2018-10-4 22:11	Cryptocurrency News
south policy icos korea korean national maker

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Korean Financial Watchdogs Probing Blockchain Firms Over ICO Activity

South Korean regulators are contacting local blockchain startups as part of an investigation into initial coin offerings, according to CoinDesk Korea.

2018-9-12 17:00	ICOs
blockchain korean investigation part coin coindesk korea

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South Korea Urges 14 Countries to Create International Discipline System for Crypto

At an annual international conference for regulators in Seoul, the South Korean Financial Supervisory Service urged regulators from 14 other countries to create an international discipline system for cryptocurrency and initial coin offerings.

2018-9-8 17:30	Virtual Currency
international system south discipline crypto countries create

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China Blocks Access to Over 120 Offshore Digital Currency Exchanges

China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers.

2018-8-24 00:24	Regulation
china cryptocurrency country icos exchanges trading ico

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South Korea’s FSS is Studying Blockchain Systems For Stock Trading Integration

Korean Regulators Suggest Blockchain for Stock Market The South Korean financial technology sector continues to grow, due in no small part to the prevalence of cryptocurrency trading and blockchain tech which is always developing and innovating within the country’s unique economic ecosystem.

2018-8-3 09:19	News
blockchain unique country korean south market stock

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South Korea Bitcoin Transactions Major Line Benefits to End Benefits

Taxes The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses.

2018-8-1 11:31	Taxes
tax benefits south bitcoin medium-sized regulators small

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South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges

The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses.

2018-8-1 09:55	Virtual Currency
tax bitcoin exchanges south major plans benefits

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Korean Regulators Call for Urgent Passing of Crypto Laws

Reports from Bloomberg today have revealed that Korea’s financial regulators are urging lawmakers to quickly pass cryptocurrency legislation to protect investors from under-securitized exchanges. The Bloomberg article states that local exchanges are “rife with security flaws and money-laundering risks”.

2018-7-27 12:25	News
korea bloomberg cryptocurrency exchanges regulators flaws money-laundering

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Korean Regulators Call for Urgent Passing of Crypto Laws

Reports from Bloomberg today have revealed that Korea’s financial regulators are urging lawmakers to quickly pass cryptocurrency legislation to protect investors from under-securitized exchanges.

2018-7-27 23:28	Cryptocurrency News
regulators korea korean exchanges bloomberg cryptocurrency passing

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South Korean Govt Speeds up Legalising Crypto Market Bill

As the cryptocurrency industry reels under pressure due to the high number of crypto crimes and continued security threats, the Regulators urged the government of South Korea to bring in new legislation at the earliest.

2018-7-27 22:12	South Korea
south crypto industry legalising korean korea speeds

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Major Korean Exchange Bithumb Expanding into Japan and Thailand

One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. The exchange is working on obtaining regulatory approval from the financial regulators of both countries.

2018-7-16 03:40	Virtual Currency
japan expanding bithumb thailand exchange working korean

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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.

2018-7-14 19:00	South Korea
south lot korean regulators seems regulation official

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Coinsquare Begins Overseas Expansion by Filing for a Japanese Exchange License

Japan has quickly risen to the top in terms of cryptocurrency activity. Ever since China’s PBoC officially banned fiat-based trading, Japan has taken its spot, alongside South Korea. Coinsquare, the Canadian exchange, is eyeing a Japanese expansion.

2018-7-13 21:00	Japan
japanese coinsquare japan cryptocurrency exchange expansion canadian

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Policy Easing, New Crypto Classification in South Korea

South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks.

2018-7-9 08:15	Virtual Currency
crypto korea classification south new easing policy

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South Korea Moving Towards Cryptocurrency Acceptance

South Korea is continuing to legitimize and embrace cryptocurrency through a careful and considered approach. ‘The regulator isn’t opposed to cryptocurrencies’ On May 19, Bitcoinist reported that Korean regulators had agreed to apply the G20’s set of “unified regulations” in regards to cryptocurrencies.

2018-7-8 06:00	South Korea
south korea cryptocurrencies cryptocurrency moving acceptance towards

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South Korea Thinks Real-Name System is Working – Stepping Up Crypto Monitoring

South Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country.

2018-6-29 16:55	Virtual Currency
crypto south korea monitoring exchanges cryptocurrencies real-name

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Korea Financial Regulator: Kimchi Premium is Gone, Cryptocurrency Market is Now Stable

Kim Yong-bum, the Vice Chairman of the Financial Services Commission and one of the main financial regulators in South Korea, expressed optimism towards the cryptocurrency market and the disappearance of the “Kimchi Premium” which exceeded 30% at the cryptocurrency market’s peak in December 2017.

2018-6-29 21:00	South Korea
cryptocurrency market financial korea premium kimchi stable

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Contradictory Reports Emerge on Crypto Taxation in South Korea

One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to anticipate. The South Korean crypto […]

2018-6-27 17:00	South Korea
crypto regulators industry different taxation south very

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Bithumb sets 2028 IPO target with governance overhaul plan

Bithumb has outlined a roadmap to complete its initial public offering in 2028 after detailing upgrades to its governance, financial reporting, and internal control systems. According to Bithumb, the South Korean cryptocurrency exchange is working with leading domestic accounting firms…

South Korea crypto tax set at 22% from 2027

South Korea will begin taxing cryptocurrency gains at a combined rate of 22% from Jan. 1, 2027, ending expectations that the long-delayed measure could be postponed for a fourth time. South Korea confirms crypto tax launch Deputy Prime Minister and…

Fintech giant KSNet joins Solana Foundation to trial Solana Pay in South Korea

KSNet has partnered with the Solana Foundation to test blockchain payments and AI-driven transaction systems for South Korea’s financial market. KSNet announced on July 30 that it has signed a memorandum of understanding (MOU) with the Solana Foundation to jointly…

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South Korea has approved plans to establish a new 20 trillion won investment account within its sovereign wealth fund to finance artificial intelligence, data centers and other strategic industries while allowing domestic investments for the first time. According to a…

South Korea police raid former mayor’s home in crypto disclosure investigation

South Korean police have searched the home of former Incheon Mayor Yoo Jeong-bok and city offices as part of an investigation into allegations that cryptocurrency assets were omitted from his local election financial disclosure.

KOSPI halts trading after 8% plunge

KOSPI trading stopped for 20 minutes after an 8.02% fall, while SK Hynix’s ADR closed below its $149 IPO price before earnings.

South Korea’s Korbit becomes Digital X under Mirae Asset ownership

Mirae Asset has rebranded South Korean cryptocurrency exchange Korbit as Digital X after completing its acquisition of a controlling stake, positioning the platform as the centerpiece of its digital asset strategy.

2024-4-24 17:36

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