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South Korea’s financial authorities and politicians start investigating Terra’s crisis
According to South Korea’s local media reports, two South Koren financial authority agencies have started “emergency” investigations into local crypto exchanges in response to the collapse of Terra. дальше »
2022-5-18 18:52 | |
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South Korean Authorities Commence Probes Into Terra Crisis
According to local media reports, two South Korean financial agencies have launched emergency inspections into local crypto exchanges in response to Terras dramatic collapse. A South Korean parliament member has... дальше »
2022-5-18 16:02 | |
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What Could Change For South Korea’s Crypto Regulations
The new president of South Korea Yoon Suk-yeol wants the country to lead the crypto market. Recently, he vowed to deregulate the virtual asset industry and expects to set a more amicable regulatory framework in order to promote local growth. дальше »
2022-3-18 00:00 | |
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Experts weigh in on new crypto regulations in South Africa
Updated crypto regulations in South Africa could boost partnerships but potentially marginalize those who need it most, local experts warn. дальше »
2022-3-4 16:45 | |
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Report: Investors in South Korea turn to crypto as gold prices struggle
After the U.S. Fed's announcement of tapering took crypto for a spin, a similar situation is arising in South Korea's domestic market, as per local reports. After raising the base rate twice to the 1%The post Report: Investors in South Korea turn to crypto as gold prices struggle appeared first on AMBCrypto. дальше »
2022-1-9 19:30 | |
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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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Amid tightening regulations in South Korea, Vidente eyes controlling stake in Bithumb
South Korea’s anti-money laundering unit recently approved Bithumb’s application to enable crypto services. Soon after, local reports claimed that the exchange's largest shareholder is eyeing a coThe post Amid tightening regulations in South Korea, Vidente eyes controlling stake in Bithumb appeared first on AMBCrypto. дальше »
2021-11-26 15:30 | |
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Why Hong Kong Could Allow Retail To Dabble Into Crypto ETFs
The local securities regulator in Hong Kong will review the rules for people to be able to trade crypto-linked Exchange Traded Funds (ETFs). According to a report by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) will take another look into its digital asset transaction regulation. Related Reading | Bye-Bye China […] дальше »
2021-11-3 21:00 | |
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Australia Senator says local crypto firms are on board with regulations
Andrew Bragg, Senator for New South Wales, claims the Aussie crypto landscape is ready… The post Australia Senator says local crypto firms are on board with regulations appeared first on Coin Journal. дальше »
2021-11-2 13:04 | |
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South Africa Bank to terminate accounts of clients offering crypto arbitrage services
A leading South African bank reportedly sent account termination notices to several crypto clients. As per the local media, Standard Bank served notices to providers of automated cryptocurrency arbitrThe post South Africa Bank to terminate accounts of clients offering crypto arbitrage services appeared first on AMBCrypto. дальше »
2021-10-24 18:30 | |
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AOFEX Globalization: India Branch Established to Develop South Asia Market
Since the implementation of globalization, AOFEX has established branches in Canada and Japan and received excellent outstanding results in local and surrounding regions, thus building a multi-region crypto market system including West Europe, North America, East Asia along with the Headquarter in the United Kingdom. дальше »
2021-10-15 16:21 | |
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Binance ceases crypto-derivatives services in South Africa
Prominent exchange Binance announced terminating its crypto derivatives offerings in South Africa on Friday. This was another effort from the exchange's end to comply with the local regulations and thThe post Binance ceases crypto-derivatives services in South Africa appeared first on AMBCrypto. дальше »
2021-10-9 22:30 | |
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Rise in illegal crypto transactions, as efforts for stricter regulations ramp up in South Korea
South Korea has been witnessing a surge in the use of cryptocurrencies in illegal foreign exchange transactions. While the uptrend was witnessed after the onset of Covid-19, local reports suggest thatThe post Rise in illegal crypto transactions, as efforts for stricter regulations ramp up in South Korea appeared first on AMBCrypto. дальше »
2021-10-4 21:00 | |
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No deferral on taxation law, South Korea to tax crypto gains 2022 onwards
As the laws are getting stricter in South Korea, tax filings in the country will also include crypto earnings from 1 January 2022, as per local reports. Earlier, South Korean authorities were mulling The post No deferral on taxation law, South Korea to tax crypto gains 2022 onwards appeared first on AMBCrypto. дальше »
2021-10-2 19:00 | |
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Miami Mayor Francis Suarez Continues Pitching Miners on South Florida
In a continued effort to draw cryptocurrency miners to South Florida, Miami Mayor Francis Suarez is in talks with local energy officials. The post Miami Mayor Francis Suarez Continues Pitching Miners on South Florida appeared first on BeInCrypto. дальше »
2021-9-29 17:05 | |
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ByBit Discontinues Support for South Korean Language and Community
Cryptocurrency exchange Bybit announced on Friday that it is adjusting service provision in South Korea. In order to be in compliance with local regulatory changes, Bybit will discontinue Korean language support on its official platforms and its official Korean community on social media, effective from Sept. дальше »
2021-9-18 23:01 | |
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Over 60 Crypto Exchanges In South Korea To Suspend Operations From Next Week
The Financial Services Commission (FSC) in South Korea has set a deadline for foreign and local crypto exchanges to register as legal trading platforms. The financial watchdog has set a September 24 deadline for exchanges to comply. дальше »
2021-9-17 15:46 | |
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More than 60 South Korean exchanges will suspend trading amid new regulations
South Korea has been trying to come up with cryptocurrency regulations for some time, and it is now ready to implement them. However, before it does it, it ordered over 60 of its local cryptocurrency exchanges to suspend their operations a week before the regulations arrive. дальше »
2021-9-17 09:19 | |
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South Korean Crypto Investors Could Lose over $2.5 billion due to Regulatory Crackdown
With South Korean regulators set to shut down local cryptocurrency exchanges that fail to meet up the requirements before the deadline later in September, investors in the country could experience losses worth over $2. дальше »
2021-9-14 23:00 | |
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More than 65% of South Korean Crypto Exchanges to Shut Down Once FSC Deadline Hits
This could result in “huge investor losses” as users lose access to about 42 local altcoins. Currently, Polkadot (DOT), XRP, Cardano (ADA), and Cosmos (ATOM) are leading cryptos on the four top legit exchanges in the country. дальше »
2021-9-14 22:36 | |
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South Korea’s Largest Crypto Exchange Upbit Become the First to Apply for a License After Securing a Bank Account
Leading South Korean cryptocurrency exchange Upbit has become the first to apply for a license in the country, reported a local publication. The exchange also secured a bank account with K-Bank allowing it to officially accept Korean fiat (KRW) deposits and withdrawals. дальше »
2021-8-23 06:16 | |
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Samsung to join Kakao for offline trials of South Korean CBDC
South Korea has been taking big steps towards the development of its central bank digital currency [CBDC]. In fact, according to local media, two Samsung affiliates are set to join several Kakao subsiThe post Samsung to join Kakao for offline trials of South Korean CBDC appeared first on AMBCrypto. дальше »
2021-8-6 18:30 | |
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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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$3.6 Billion Crypto Theft: South African Bank Denies Relationship With Fraud Accused Africrypt
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. Africrypt Stops Operations Abruptly Africrypt abruptly ceased operations nearly two months ago, prompting the banking institution’s denial. дальше »
2021-6-20 03:17 | |
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$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company’s transactions which helped Africrypt’s two directors disappear with billions of dollars in investor funds. дальше »
2021-6-19 20:30 | |
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South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban
Crypto regulation is gaining traction by the day, and the latest is in the Asian nation South Korea. ‘Bicycling’ Creates ‘Conflict Of Interest’ The top regulatory body of the South Korean financial market, the Financial Services Commission, is bringing to an end the practice of ‘bicycling' by crypto exchange operators, per reports from a local […] The post South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban first appeared on BitcoinExchangeGuide. дальше »
2021-6-7 20:32 | |
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South Koreans flock to crypto amid a heavy-handed regulation approach
With crypto demand skyrocketing in South Korea, the government is looking to regulate digital assets, and the local market is feeling the pressure. дальше »
2021-5-11 14:34 | |
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South Korean Company Crypto Holdings Pass 10 Billion Won
Local media outlets report that several well-known South Korean companies are holding cryptocurrencies as intangible assets, demonstrating the growth of the market. The post South Korean Company Crypto Holdings Pass 10 Billion Won appeared first on BeInCrypto. дальше »
2021-5-10 10:51 | |
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Korean crypto exchanges could face harsh laws if new proposal is passed
The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital assets and increase their liability in case of a hack, local news outlet Naver reported today. дальше »
2021-5-7 19:00 | |
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Survey: South Korean Investors Welcome Controversial Crypto Tax Law
A new survey has revealed that a majority of South Korean investors support the proposed crypto tax law set to be unveiled next year. 53. 7% Support Crypto Gains Tax According to a recent survey sponsored by local television station YTN, many South Korean crypto investors support the government’s move to tax crypto gains. дальше »
2021-5-4 19:43 | |
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Korea’s financial watchdog orders employees to disclose crypto holdings
The chairman of South Korea’s Financial Services Commission (FSC), Eun Sung-soo, has ordered the regulator’s employees involved in digital assets-related policymaking to disclose their crypto holdings by May 7, local outlet The Korea Times reported today. дальше »
2021-4-27 13:00 | |
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Korea weighs delaying crypto taxation laws to appeal to young voters
South Korean officials are in talks to delay a crypto taxation law scheduled for later this year, as per a report by local daily Hankyung today. The post Korea weighs delaying crypto taxation laws to appeal to young voters appeared first on CryptoSlate. дальше »
2021-4-27 19:00 | |
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Korean Financial Authority Launches Crypto Investigation on Employee Investments
The Korean Financial Services Commission, South Korea’s financial regulator, has launched an internal investigation relating to crypto investments by employees. Local media outlet Yonhap News reported on April 26 that the FSC will receive reports on the investment status of employees until May 7. дальше »
2021-4-26 12:01 | |
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Korean tax officers seize $22M in crypto directly from exchange accounts
South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday. дальше »
2021-4-25 03:33 | |
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Korean minister says all 200 crypto exchanges in the country face a risk of closing down
Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun. дальше »
2021-4-22 19:00 | |
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Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers
The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas exchanges. дальше »
2021-4-22 01:30 | |
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Another South African Company Reveals Plans to List a Crypto ETF on Local Stock Exchange
Fresh reports from South Africa suggest another local company, Sygnia, is set to apply to the Johannesburg Stock Exchange (JSE) to list a new cryptocurrency exchange-traded fund (ETF). This application will be the second time Sygnia has attempted to list the crypto ETF. дальше »
2021-4-21 09:30 | |
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South Korea aims to “pay special attention” to Bitcoin and crypto transactions
South Korea’s regulators have announced a new crackdown on crypto-related illegal activity amidst the ongoing digital assets trading boom, local news outlet Yonhap News Agency reported today. The post South Korea aims to “pay special attention” to Bitcoin and crypto transactions appeared first on CryptoSlate. дальше »
2021-4-20 16:00 | |
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Former South Korean Social Media Giant in Talks ‘With Major Gaming Companies’ to Implement Its Crypto
A former South Korean social media giant is still keeping alive its promise to relaunch its business with the help of the cryptocurrency industry. A local media outlet reported that Cyworld is in talks with “major gaming companies” that involve crypto-related ventures. дальше »
2021-4-15 05:30 | |
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Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies
South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. дальше »
2021-3-31 09:30 | |
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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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Experts say new South Korean crypto rules will create a monopolized market
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators' new requirements. дальше »
2021-3-24 13:48 | |
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Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb
American multinational investment bank Morgan Stanley is currently in talks to acquire a stake in top South Korean cryptocurrency exchange Bithumb, local news outlet Naver reported on Friday. The post Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb appeared first on CryptoSlate. дальше »
2021-3-20 11:00 | |
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