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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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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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South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges. дальше »
2021-3-20 03:30 | |
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Morgan Stanley reportedly set to buy Bithumb exchange for over $400 million
American multinational investment bank and financial services company Morgan Stanley is rumored to be bidding for leading South Korean cryptocurrency exchange Bithumb. According to the country’s local media outlet, Morgan Stanley is already in the negotiation process, which will allow the bank to acquire stakes in Bithumb. дальше »
2021-3-20 22:21 | |
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Morgan Stanley Eyes Bitcoin Exchange Acquisition After Crypto Rallies 1,500%
Key Bitcoin Takeaways A South Korean media outlet reported that Morgan Stanley plans to acquire Bithumb, a local bitcoin exchange. The news surfaced two days after the American banking giant decided to offer three Bitcoin funds to its rich clients via its traditional investment platform. дальше »
2021-3-19 14:00 | |
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South Korean Regulators Want Crypto Businesses to Report Transaction Info or Face Jail Time
Establishing this law is part of the new wave of regulation in South Korea to operate crypto businesses transparently. Existing firms will have six months to comply with the rules or face strict penalties. дальше »
2021-3-19 00:07 | |
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South Korean Tax Agency Identifies Over 2,400 Evaders Who Used Cryptocurrencies to Bypass Taxation
South Korean authorities seem to be focusing on strengthening measures to combat tax evasion across the nation. The country’s tax watchdog profiled thousands of evaders that relied on cryptocurrencies to hide assets worth billions of Korean won. дальше »
2021-3-17 08:30 | |
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South Korean crypto exchange volumes surpass those of its entire stock market
The country is one of the biggest markets for crypto in the world and is known for its ‘Kimchi Premium. ’ The month it went ballistic South Korean crypto exchanges are now processing more volumes each day compared to traditional stock exchanges, a report on local publication Hankyung said Monday. дальше »
2021-3-15 15:49 | |
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Xeno Holdings Invests In South Korean-Based CityLabs Co. Ltd
Xeno Holdings Limited, a Hong Kong-based technology investment company, has invested major capital in CityLabs Co. Ltd to further venture into the South Korean market and Asia at large. The company has recently shown interest in penetrating the South Korean market stating favoring conditions. дальше »
2021-3-15 12:49 | |
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Korean Banks are Unsure About Cryptocurrency Partnerships
Korean banks are conflicted on whether to extend alliances with local cryptocurrency exchanges amid the strict financial regulations. Financial Information Act Implementation For the time being, three Korean commercial lenders – Shinhan, NongHyup, and K bank – have formed partnerships with major crypto exchanges. дальше »
2021-3-14 22:00 | |
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South Korean bank completes pilot program for digital currencies
South Korean Shinhan Bank has announced the completion of a pilot program for central bank digital currencies (CBDC), a project it collaborated with LG CNS. The project was first announced in November last year, and it seems to be independent of the central bank. дальше »
2021-3-11 17:26 | |
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Blockchain security company Quantstamp joins Korean accelerator backed by Shinhan Financial
CryptoNinjas » Blockchain security company Quantstamp joins Korean accelerator backed by Shinhan Financial Quantstamp, a blockchain security-infrastructure company, announced it has been inducted as a member of Shinhan Square Bridge: Incheon (located in Incheon Startup Park) backed by Shinhan Financial Group, a leader in the Korean financial services sector. дальше »
2021-3-11 02:22 | |
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South Korea's Shinhan Bank collaborates with LG to build CBDC platform
South Korea’s Shinhan Bank will collaborate with the country’s central bank to issue a Korean Central Bank Digital Currency (CBDC). According to reports emerging from local South Korean media, The post South Korea's Shinhan Bank collaborates with LG to build CBDC platform appeared first on AMBCrypto. дальше »
2021-3-10 16:45 | |
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South Korean Shinhan Bank pilots digital currency platform with LG CNS
South Korean commercial bank Shinhan Bank has built a digital won pilot platform in collaboration with LG CNS.
дальше »2021-3-10 14:57 | |
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South Korean Crypto Transactions Command an Average of $7 Billion per Day on Domestic Exchanges
An investigation unveiled a growing fever among crypto traders in South Korea, who actively transact cryptocurrencies every day. Local media outlets are returning to adopt the term “crypto fever” as the recent billion-dollar figures confirm such a trend. дальше »
2021-3-9 05:30 | |
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South Korea: ICON Foundation Will Not Be Charged Even As ICONLOOP is Under Investigation
An official response by ICON to the news that South Korean tax authorities are investigating its technical partner, ICONLOOP has been released. President Min Kim Makes a Clarification The ICON Foundation President Min Kim said in an announcement that the ICON Foundation will not be under the influence of the investigation. The ICON Foundation isRead More дальше »
2021-3-9 21:00 | |
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South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic
As bitcoin prices keep exchanging hands above the $48k handle as of press time, South Korea notices a particular growing trend in a specific profile of crypto investors. A recent study revealed that a new era of “crypto moms” is emerging across the board in the country. дальше »
2021-3-6 00:00 | |
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Pluto exchange to launch Chainlink node
Amid an “increasing” demand from developers that need high-quality API data directly on the blockchain, South Korean crypto exchange Pluto will launch their own Chainlink node in order to make theThe post Pluto exchange to launch Chainlink node appeared first on AMBCrypto. дальше »
2021-3-5 01:30 | |
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ProBit Exchange Lists EXGold (EXG) | Gold For The Digital Age
EXGold (EXG) has officially listed their token EXG on ProBit Exchange as the digital gold solution solidifies their partnership networks with one of the top South Korean exchanges and its global demographics. дальше »
2021-3-4 17:30 | |
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South Korea’s Crypto Tax Law Coming in 2022
The South Korean government has decided on a date for its 20 percent cryptocurrency taxation policy. However, the impending crypto tax regulation is being met with some resistance. Kimchi Crypto Tax Law Gets Finalized Start Date South Korea has once again altered the date for the implementation of its controversial crypto tax plan. According toRead More дальше »
2021-2-23 02:00 | |
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South Korean Financial Regulator Confirms Privacy Coin Delistings- Adds New Guidelines to Report Unusual Transactions
South Korean financial watchdogs are about to start overseeing crypto-related activities in the nation, and additional barriers for exchanges keep appearing. Moreover, one of the South Korean regulatory bodies codified the measures announced last year on privacy coin listings. дальше »
2021-2-23 01:00 | |
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Корейских криптотрейдеров заставят платить налог с прибыли с 2022 года
Власти Южной Кореи решили ускорить введение налога с прибыли, получаемой от криптовалютных транзакций. Налог в размере 20% от прибыли будет введен с января 2022 года, сообщает местное издание Korean Herald, сославшись на постановление Министерства экономики и финансов. дальше »
2021-2-23 15:42 | |
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US Government Expands Charges Against North Korean Hackers- Authorities Describe Them as The ‘World’s Leading Bank Robbers’
The U. S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1. 3 billion in cryptocurrencies and fiat during coordinated cyber-heists. дальше »
2021-2-19 03:00 | |
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Власти США обвинили трех хакеров КНДР в краже более $1,3 млрд
Минюст США обвинил трех программистов из КНДР в хакерских атаках на финучреждения и компании, причастности к созданию вируса-вымогателя WannaCry и краже средств, в том числе криптовалют. Three North Korean Military Hackers Indicted in Wide-Ranging Scheme to Commit Cyberattacks and Financial Crimes Across the Globe https://t. дальше »
2021-2-18 11:18 | |
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US DoJ charges North Korean hackers over crypto theft and attacks
US Department of Justice charged three computer programmers who apparently belong to the infamous North Korea-affiliated hacker group known as Lazarus for attempting to steal and extort over $1.3 bilThe post US DoJ charges North Korean hackers over crypto theft and attacks appeared first on AMBCrypto. дальше »
2021-2-18 02:34 | |
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South Korean Crypto Exchange Cracks Down, Requiring Address Ownership Identity
A Twitter user is now alleging that the South Korean Korbit cryptocurrency exchange is requiring proof of ownership of digital addresses. If a user does not verify the address with their identity, the exchange will withhold the user’s ability to withdraw. дальше »
2021-2-16 18:17 | |
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South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018
A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. дальше »
2021-2-14 07:30 | |
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