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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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South Korea to Crack Down on Phishing Websites Attacking Crypto Users
South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users. дальше »
2021-5-10 06:45 | |
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Digital Currency Group Makes Strategic Investment in South Korean Cryptocurrency Exchange Operator Streami
DCG previously participated in Streami’s pre-series A round in 2016 South Korean blockchain company… The post Digital Currency Group Makes Strategic Investment in South Korean Cryptocurrency Exchange Operator Streami appeared first on Coin Journal. дальше »
2021-5-8 12:17 | |
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Digital Currency Group invests in South Korean crypto exchange company Streami
CryptoNinjas » Digital Currency Group invests in South Korean crypto exchange company Streami South Korean blockchain company Streami, today announced that Digital Currency Group (DCG) has made an investment in the company, becoming its second-largest shareholder. дальше »
2021-5-7 19:18 | |
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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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South Korean Police Raid Crypto Exchange Allegedly Involved in a $214M Multi-Level Marketing Fraud
Authorities in South Korea have launched a major raid against a domestic crypto exchange allegedly involved in a millionaire multi-level marketing (MLM) fraud. The police accuse V Global platform of running an illicit operation that reportedly stole hundreds of millions of dollars from investors. дальше »
2021-5-6 09:00 | |
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South Korean Regulators Working With Banks in a Bid to Regulate Cryptocurrencies
Regulators in South Korea are now taking an interest in the cryptocurrency industry with plans to introduce regulations for the emerging asset class. The nation’s financial authorities are now seeking the help of banks to aid in these efforts, and have asked them to declare their cryptocurrency businesses to ascertain the exact number of cryptoRead More дальше »
2021-5-6 08:00 | |
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Dogecoin volumes in Korea exceeded those of its entire stock market yesterday
South Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows. The post Dogecoin volumes in Korea exceeded those of its entire stock market yesterday appeared first on CryptoSlate. дальше »
2021-5-5 19:00 | |
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Bitcoin and Ether Aren’t the Top Traded Crypto’s on Binance Or the Biggest South Korean Exchange
DOGE is the one that is yet again leading the market, closing in on a $100 bln market cap, and is accounting for 41. 55% of Upbit’s overall volume, which is also more than Coinbase Pro’s entire volume. дальше »
2021-5-5 17:46 | |
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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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‘Extremely Bullish On Bitcoin’ – South Korean Gaming Giant Nexon Invests $100M In Bitcoin
While some companies strategically await a hike in Bitcoin’s price to seal the deal and key them into accumulating, the South Korea Gaming giant Nexon has quickly swept in a whopping $100 million worth of Bitcoin. дальше »
2021-4-29 21:32 | |
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Young Koreans hooked on Bitcoin trading sparks “crypto addiction” fears
An article today from the leading South Korean newspaper Chosun Ilbo detailed the phenomenon of obsessive Bitcoin tracking and mentioned the impact of price fixation on the lives of young Koreans, even to the point of interfering with their work commitments. дальше »
2021-4-29 19:00 | |
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South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto Comments
As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of the country’s Financial Services Commission (FSC). дальше »
2021-4-28 11:30 | |
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Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC)
South Korean–Japanese game maker Nexon today announced a $100 million investment in Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as per a release. The post Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC) appeared first on CryptoSlate. дальше »
2021-4-29 11:16 | |
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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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South Korean Prime Minister nominee to look into controversial crypto tax law
South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county.
дальше »2021-4-27 12:38 | |
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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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Opposition to Crypto Tax Plans Gaining Momentum in South Korea
The South Korean government has seen a swell in opposition towards plans to levy taxes next year against crypto trading. The post Opposition to Crypto Tax Plans Gaining Momentum in South Korea appeared first on BeInCrypto. дальше »
2021-4-24 11:03 | |
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Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits
South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s middle class to profit from the crypto market, even with very successful stories. дальше »
2021-4-24 07:30 | |
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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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South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’
The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government. The latest reports suggest that the country is planning to regulate international remittances tied to kimchi premium-driven transactions. дальше »
2021-4-22 03:30 | |
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South Koreans to Face Tougher Crypto Laws to As Regulators Tackle Cases of Money Laundering
The South Korean financial authorities are tightening up regulations in a bid to combat illegal transactions and money laundering. The post South Koreans to Face Tougher Crypto Laws to As Regulators Tackle Cases of Money Laundering first appeared on BitcoinExchangeGuide. дальше »
2021-4-21 23:51 | |
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South Korean authorities tighten grip on crypto regulations in the country
South Korean regulatory authorities recently met to discuss a clampdown on illegal cryptocurrency transactions in the country. The focus of the discussion is the potential use of cryptocurrencies in money laundering as well as the volatility of digital assets. дальше »
2021-4-19 15:08 | |
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Bank of Korea Governor becomes latest to attack crypto-assets' 'limitations'
South Korea has seen a dramatic increase in crypto-investments lately. Unlike in the U.S, South Korean regulatory bodies had initially kept themselves from intervening in the digital asset ecosystemThe post Bank of Korea Governor becomes latest to attack crypto-assets' 'limitations' appeared first on AMBCrypto. дальше »
2021-4-17 07:00 | |
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South Korean City Threatens to Seize Cryptos From Tax Evaders
Crypto tax evasion is becoming a hot potato for the authorities in some Asian countries, such as Japan and South Korea. A South Korean city is now actively fighting against tax evaders who are suspiciously reporting meager earnings in their filings. дальше »
2021-4-16 01:30 | |
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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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South Korea's Gyeongju targets tax defaulters via virtual asset seizures
The South Korean city of Gyeongju is in the news today after it announced that it is investigating the virtual asset possessions of tax evaders with the help of crypto-exchanges. The city has reportedThe post South Korea's Gyeongju targets tax defaulters via virtual asset seizures appeared first on AMBCrypto. дальше »
2021-4-15 23:30 | |
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Bitcoin Hits a New ATH Above $63,000 & Ether $2,200 Amidst Extreme Excitement & Wariness About Coinbase IPO
The crypto market is either hyper bullish or bearish of the direct listing of the largest US crypto exchange on Wednesday while BTC, after a month from last high and trading above $72k on Korean exchanges, and Ether both hit a new ATH. дальше »
2021-4-13 15:28 | |
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South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’
Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. дальше »
2021-4-10 06:30 | |
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Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange?
A Korean crypto company had ambitious plans to launch a Bitcoin exchange-traded fund (ETF) in the crypto-frenzied market last week. The post Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange? appeared first on CryptoSlate. дальше »
2021-4-8 04:00 | |
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North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report
A new report commissioned by the U. S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. дальше »
2021-4-7 06:30 | |
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Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin
CryptoNinjas » Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin Uppsala Security, a provider of cybersecurity tools for crypto AML, risk management, and regulatory compliance, announced today the signing of a contract to build a ‘Virtual Asset AML’ solution for crypto exchange Coin&Coin that complies with the amendment of the Special Money Act in South Korea. дальше »
2021-4-7 22:40 | |
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CoinMarketCap removes South Korea crypto exchanges from Bitcoin price tracker
“If the prices on South Korean exchanges stabilize, then we will add the data back in, but that hasn’t happened yet,” said a CoinMarketCap spokesperson. дальше »
2021-4-7 21:15 | |
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Why The Return Of The Kimchi Premium Doesn’t Bode Well For Bitcoin
Bitcoin price is currently trading at a substantial premium on South Korean crypto exchanges – more than $6,000 per coin in USD equivalent. However, in the past this so-called “Kimchi Premium” has signaled the end of the bull trend. дальше »
2021-4-6 23:00 | |
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South Korean govt sells 2017 Bitcoins, making $10.8 million profit
It's typical of government agencies to sell seized Bitcoins during bull runs; with South Korean law enforcement agencies becoming the latest entity that has sold a significant amount of confiscated BiThe post South Korean govt sells 2017 Bitcoins, making $10.8 million profit appeared first on AMBCrypto. дальше »
2021-4-2 01:30 | |
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South Korea to Unveil Blockchain-Based COVID-19 Vaccine Passports
The South Korean Government has announced plans to launch a distributed ledger technology (DLT) powered COVID-19 certification system. The system will make the verification of the vaccination status of residents possible via a smartphone app, according to a report by The Korea Herald on April 1, 2021. дальше »
2021-4-1 17:00 | |
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Bitcoin and Ether Kimchi Premium Picks Up as Bulls Reappear
As the price of Bitcoin continues to climb up, so does the popular Kimchi premium. As of writing, the price of Bitcoin is $59,063 on Binance and $59,087 on Coinbase Pro, but the highest price of BTC is on South Korean exchanges, which is up more than 5. дальше »
2021-3-30 18:29 | |
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Launch of CBDCs will Lower Bitcoin Demand, Says Bank of Korea Governor
The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More дальше »
2021-3-27 15:00 | |
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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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Crypto-market's 'overheating' can be a problem: South Korean minister
Historically, South Korea has often been seen as a very crypto-friendly country. Of late, however, such a reputation has taken a beating, especially in light of the nature of the new crypto-regulationThe post Crypto-market's 'overheating' can be a problem: South Korean minister appeared first on AMBCrypto. дальше »
2021-3-24 15:30 | |
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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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