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Crypto reform takes a back seat in South Korea amid regulatory uncertainty, no BTC ETF plans in sight
South Korea’s People Power Party has decided to delay its intentions to relax cryptocurrency regulations indefinitely. This shift includes halting the initiative to lift the prohibition on domestic spot Bitcoin exchange-traded funds (ETFs), a move initially anticipated by market watchers.… дальше »
2024-2-29 14:16 | |
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NFT and Bitcoin ETF Discussions Between South Korea and SEC
South Korea to discuss NFTs and spot Bitcoin ETFs with U.S. SEC, potentially reshaping South Korea's virtual asset regulations. The post NFT and Bitcoin ETF Discussions Between South Korea and SEC appeared first on NFT News Today. дальше »
2024-2-29 19:01 | |
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South Korea to discuss NFT classification, Bitcoin ETFs with Gary Gensler
Head of South Korea's Financial Supervisory Service, Governor Lee Bok-hyun, is scheduled to discuss key regulatory issues with U.S. SEC Chairman Gary Gensler in May. дальше »
2024-2-27 19:01 | |
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This Country’s Institutional Crypto Holdings Soar 250% With Spot Bitcoin ETF Anticipation
South Korea's leading crypto custodian, KODA, reports a significant surge in crypto assets, driven by anticipation for spot Bitcoin ETFs and a bullish global crypto market. The post This Country’s Institutional Crypto Holdings Soar 250% With Spot Bitcoin ETF Anticipation appeared first on BeInCrypto. дальше »
2024-2-24 19:00 | |
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South Korea to urge separation of user deposits and exchange assets
South Korea has issued a proposal to demand Bitcoin and crypto exchange companies to officially separate customers’ crypto assets and deposits, reports from Bitcoin Archive. The announcement was issued on Tuesday, 22nd November. дальше »
2022-11-23 07:00 | |
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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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South Korea Moves to Freeze $67 Million Worth Of Bitcoin Linked to Terra’s Do Kwon, Luna Foundation
Prosecutors in South Korea have made moves to freeze about $67 million worth of Bitcoin linked to the co-founder of the collapsed Terra blockchain, Do Kwon, and the non-profit created to maintain the ecosystem, the Luna Foundation Guard (LFG). дальше »
2022-9-28 23:10 | |
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Terra Co-Founder Tries To Cash Out 3,300 Bitcoin Following Interpol Alert, Report Says
According to several reports, authorities in South Korea have ordered crypto exchanges OKX and KuCoin to freeze funds connected to Terra founder Do Kwon. In total, the platforms froze over 5,000 BTC or around $60 million at the current market price. дальше »
2022-9-27 17:50 | |
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Tax Evasion: South Korean Government Seize Over $184 Million in Crypto
South Korea’s National Tax Service has combined forces with the Ministry of Strategy and Finance, and other agencies as well as local government authorities, to seize over $184 million worth of Bitcoin (BTC) and altcoins from alleged tax evaders in… дальше »
2022-9-22 14:30 | |
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First Mover Asia: Bitcoin Snaps Its 4-Day Rally Tuesday; Troubles in Cryptoland? Not at South Korea's Muted Mega-Blockchain Week
The Seoul-based event offered a welcome return to in-person interaction but failed to tackle the industry's most burning themes or challenge its panelists. дальше »
2022-8-10 02:37 | |
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First Mover Asia: Bitcoin Snaps Its 4-Day Rally Tuesday; Troubles in Cryptoland? Not at Korea's Muted Mega-Blockchain Week
The Seoul-based event offered a welcome return to in-person interaction but failed to tackle the industry's most burning themes or challenge its panelists. дальше »
2022-8-10 02:37 | |
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South Korean Banker Allegedly Embezzles $1.1M to Invest in Bitcoin
An employee at South Korea’s BNK Busan Bank allegedly embezzled 1.48 billion won ($1.1 million) of clients’ funds to invest in Bitcoin. The post South Korean Banker Allegedly Embezzles $1.1M to Invest in Bitcoin appeared first on BeInCrypto. дальше »
2022-8-2 19:00 | |
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Terraform Labs Caused Collapse Of Its Stablecoin UST? This Report Says So
The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from CoinDesk Korea, investigators linked the company to the attack that led to UST losing its peg to the U. дальше »
2022-6-14 18:21 | |
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U.S. Sanctions Bitcoin Mixer Blender for Helping Launder $20.5M to North Korea
The United States on Friday sanctioned cryptocurrency mixing service Blender for allegedly helping North Korean hackers launder around $20. 5 million stolen from the Axie Infinity hack at the end of March. дальше »
2022-5-7 12:33 | |
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First Mover Asia: South Korea's 'Kimchi Premium' Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty
The gap between bitcoin prices on Korean crypto exchanges compared to global counterparts has declined from 20% to about 3% over the past year; bitcoin and ether tumble. дальше »
2022-4-7 01:36 | |
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First Mover Asia: Tailwinds for South Korea's Crypto Industry; Bitcoin, Ether Plunge
The report earlier this week of SK Group's $1.6 billion investment over the next three years on semiconductors and blockchain follows a presidential campaign that made crypto-friendly policies an important issue; major altcoins also decline. дальше »
2022-4-1 02:03 | |
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First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
Both candidates made crypto an important issue to attract younger voters. It's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red. дальше »
2022-3-14 01:49 | |
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First Mover Asia: Signs Point Upward for Crypto in India and South Korea; Bitcoin and Ether Soar on US Executive Order
India's finance minister says the country will launch a central bank digital currency sooner than she'd previously indicated; cryptos rise as investors view the Biden administration's executive order as a positive development. дальше »
2022-3-10 02:50 | |
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First Mover Asia: GameFi's Shaky Prospects; Bitcoin, Ether Inch Higher
Strict regulations on gaming in China and Korea, among other countries, are likely to reduce the market for GameFi in the Asia Pacific Rim region. Bitcoin and ether were up slightly during U.S. trading hours. дальше »
2022-2-25 02:40 | |
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Bitcoin Rises as North Korea Ratchets Up Tensions
Bitcoin has seen a 5% gain today to $9,500 amid a brewing standoff in the pacific following increased tensions between China and America. North Korea has blown up within its... The post Bitcoin Rises as North Korea Ratchets Up Tensions appeared first on Trustnodes. дальше »
2020-6-17 21:09 | |
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Blockchain Bites: JPMorgan on Bitcoin, South Korea on CBDCs and the Porn Industry on Crypto
JPMorgan bond analysts think bitcoin has passed its first stress test while South Korea's central bank is continuing to research CBDCs. дальше »
2020-6-16 19:36 | |
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South Korea to Start Taxing Bitcoin Profits in 2021
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. дальше »
2020-5-29 17:44 | |
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Samsung and the Gemini Crypto Exchange Partner Up: The first deal of its kind in the US
Samsung and Gemini’s partnership will make it easier for over 4 million users to buy Bitcoin throughout North America. Gemini, founded by Cameron and Tyler Winklevoss, has announced a partnership with South Korea’s electronics giant, Samsung. дальше »
2020-5-29 17:27 | |
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Bitcoin: Africa might become the 'leading crypto continent in the next 5 years'
As government-backed fiat is failing to support people during global uncertainties, more and more people are turning towards crypto and the fact that many countries like India, South Korea, Germany, aThe post Bitcoin: Africa might become the 'leading crypto continent in the next 5 years' appeared first on AMBCrypto. дальше »
2020-5-25 23:00 | |
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ProBit Exchange Features Mukbang AMA on Its Very First Online Meetup on Bitcoin Pizza Day
Fresh off their new #38 ranking on Coinmarketcap as the 4th biggest exchange in Korea, ProBit Exchange is now launching their very first online meetup on Bitcoin Pizza Day on May 22, 2020, 6:00 PM KST. дальше »
2020-5-21 15:28 | |
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3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions […] The post 3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet appeared first on Bitcoin News. дальше »
2020-5-7 01:05 | |
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North Korea’s Alleged $670M Cryptocurrency Stash in Question Amid Rumors of Kim Jong-Un’s Death
North Korea is thought to hold some $670M in Bitcoin and other cryptocurrencies — if not more. However, the fate of this big bag of digital currencies is uncertain as rumors swirl about the death of Kim Jong-un. дальше »
2020-4-27 09:10 | |
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No, Kim Jong Un’s “Vegetative State” Won’t Cause a Bitcoin Crash
It’s only April but 2020 has already been a crazy year: Bitcoin crashed 50% in a 36-hour time frame, the outbreak of COVID-19 has started, the price of oil went negative as recession fears have mounted, and, according to reports, North Korea’s leader is in a condition of poor health, which has sparked a response... дальше »
2020-4-26 04:00 | |
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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. дальше »
2020-4-19 00:30 | |
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Bithumb Global Launches 5X Margin Trading For BTC and ETH Paired With USDT
South Korea’s biggest crypto exchange platform Bithumb has announced the introduction of leverage trading for both Bitcoin as well as Ether (ETH) on the global platform, Cointelegraph reports. According to the exchange, the move was necessitated by a sudden increase in demand for crypto services owing to the ongoing global lock down. However, the new […] дальше »
2020-4-8 21:06 | |
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Bitcoin now legal in South Korea, India, and “at par” with fiat in France
Against a grim macro outlook, there was some good regulatory news last month. A French court ruled that bitcoin is a legally recognized currency. The Indian Supreme Court overturned India’s crypto banking ban, and South Korea has now fully legalized crypto assets within its borders. дальше »
2020-4-5 16:00 | |
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South Korea's KB Kookmin moves ahead with crypto-custody service plans
KB Kookmin, South Korea's biggest commercial bank, is in between plans of launching a crypto-custody service for digital coins like Bitcoin (BTC) and Ether (ETH), according to a recent report. This deThe post South Korea's KB Kookmin moves ahead with crypto-custody service plans appeared first on AMBCrypto. дальше »
2020-3-27 15:26 | |
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Binance CEO Isn’t Worried About Bitcoin, Says “Demand is Increasing”
On February 17, the Dow Jones Industrial Average was near its peak at 30,000, driven by the longest US economic expansion in history. During that time, bitcoin was trading above $10,000. Over the next thirty days, the coronavirus (Covid-19) burst out of China with major outbreaks in Italy, South Korea, France, Spain, Germany, the UK, […] дальше »
2020-3-22 03:45 | |
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India Lifts Crypto Ban, South Korea Imposes New Rules and the US Remains Stagnant
With India reversing a ban on cryptocurrency and South Korea imposing new rules on exchanges, the lack of forceful regulation from the U.S. is a loss. The post India Lifts Crypto Ban, South Korea Imposes New Rules and the US Remains Stagnant appeared first on Bitcoin Magazine. дальше »
2020-3-13 18:30 | |
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BOSAGORA Continues to Impress as Digital Currency BOA Lists on Bithumb
Bitcoin Press Release: BOSAGORA, a next generation smart-contracting blockchain which showed impressive results in 2019, has now listed on the major South Korean exchange Bithumb. 8th March 2020, Seoul, South Korea – BOSAGORA’s native token BOA, which is governed by a democratic “Congress Network” of its users, saw a staggering 279% growth in Q4 of […] The post BOSAGORA Continues to Impress as Digital Currency BOA Lists on Bithumb appeared first on Bitcoin PR Buzz. дальше »
2020-3-10 12:06 | |
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Regulatory Roundup: French Court Considers Bitcoin Money, Cryptocurrencies Legitimized in South Korea, Australia, India
The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more than 800 delegates discussed crypto regulations. дальше »
2020-3-10 05:00 | |
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France Says Bitcoin Is Money as Industry Cheers Bullish Week for Crypto
To round off a week of positive developments for the cryptocurrency industry, France has officially recognized Bitcoin as a legal financial instrument. Elsewhere, India, South Korea, and Germany have seen similar legal developments in recent days. дальше »
2020-3-7 07:15 | |
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Crypto News Roundup for March 5, 2020
South Korea passes a milestone regulation to restructure exchanges, Ethereum finds itself at a critical make-or-break point, and Bitcoin continues to test the next resistance at $9,150 — all these and more in today’s BeInCrypto daily news roundup for March 5. дальше »
2020-3-6 07:59 | |
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Why Bitcoin Mining Might Be the New Business Model for US Power Plants
South Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain? дальше »
2020-3-6 23:00 | |
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South Korean Parliament Legalizes Bitcoin Trading
The National Assembly of South Korea unanimously approved what could be the official entry of cryptocurrency trading and holding into the nation’s legal system. Cryptocurrency Trading Is Now Legal in...The post South Korean Parliament Legalizes Bitcoin Trading appeared first on Crypto Briefing. дальше »
2020-3-6 16:35 | |
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