South Korea Banking Giant Plans to Launch Crypto Custody Service

2020-3-28 22:00

KB Kookmin Bank, South Korea’s largest bank, is planning to launch a crypto custodial service known as KB Digital Asset Custody (KBDAC). The entry of the South Korean financial giant into the crypto market could spark widespread adoption across financial institutions in the country. origin »

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south crypto financial bank korea giant service

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Источник: Cripyo.news

south crypto → Результатов: 126

South Korea to lift 9-year ban on corporate crypto investments

South Korean regulators plan to lift a nine-year ban on corporate crypto investments as the country continues to warm up to the digital asset space. South Korea’s Financial Services Commission has reportedly crafted new guidelines for listed corporations and professional…

2026-1-12 10:41	South Korea
south crypto investments corporate lift korea ban

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South Korea crypto committee goes cold amid strict liability rules

In South Korea, crypto takes a back seat, according to Kookmin Ilbo. Here's what we know.

2025-12-9 02:59	South Korea
south crypto korea kookmin according ilbo know

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South Korea’s crypto tax rollout could face another delay, experts warn

Even after three deferrals, South Korea has yet to establish a working crypto tax framework.

2025-11-20 18:57
south crypto tax korea deferrals yet working

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South Korea bans leveraged crypto loans, sets 20% ceiling on rates

South Korean regulators have moved to quell a brewing risk in crypto exchanges. The new regime bans high-risk leveraged loans and institutes a strict 20% interest cap, citing serious concerns over investor protection and market stability. On September 5, South…

2025-9-5 16:35	South Korea
south crypto loans bans leveraged citing interest

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South Korean Investors Dump $1.8 Billion In Tesla Stock, Pile Into Crypto Firms Including BitMine

South Korean retail investors dumped Tesla shares in the past four months, shifting their attention to crypto stocks amid growing disillusionment with Elon Musk’s electric [...]

2025-9-2 18:21	Market News
south crypto tesla korean investors amid stocks

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South Korea's crypto HODLings soar to $73.4B - THESE factors explain how

South Korean crypto holdings hit $73. 4B, driven by Trump’s re-election and market optimism. BOK warned that stablecoins could disrupt monetary policy, calling for a separate regulatory framewThe post South Korea's crypto HODLings soar to $73.

2025-4-23 20:00	News
south crypto korea soar hodlings disrupt could

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South Korean gets prison time for $2m crypto scam promising 50% returns

A South Korean man in his 30s has been sentenced to three years in prison for defrauding a crypto investor of 2.93 billion won (approximately $2.04 million). The Changwon District Court convicted the man, identified only as Person A, of…

2025-4-4 17:53	Fraud
south crypto man prison korean million 160

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Report shows a third of South Koreans now own crypto with this coin in focus

Over 30% of South Koreans now invest in crypto, with 15. 59M holders in November. Crypto trading volume in South Korea now rivals stock markets, with daily trades hitting 14. 9 trillion won. iDEGEN, an AI-powered coin that has raised $8.

2024-12-26 13:00	South Korea
south crypto coin koreans hitting trades daily

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South Korean movie ‘Crypto Man’ set to premiere in January 2025

The South Korean movie titled ‘Crypto Man’ starring late actor Song Jae-rim is scheduled for release on Jan. 15, 2025. The movie is inspired by true events from a $34. 9 billion crypto crash.

2024-12-10 13:26	South Korea
south crypto movie korean 2025 man true

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South Korean Political Crisis Rocks Crypto Markets

South Korea's crypto market faces sharp volatility as martial law disrupts trading, with Bitcoin and altcoin prices plunging on local exchanges. The post South Korean Political Crisis Rocks Crypto Markets appeared first on BeInCrypto.

2024-12-4 23:50
south crypto korean political markets rocks crisis

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South Korea’s Crypto Market Faces Volatility With 34.9% Delisting Rate

Crypto delistings in South Korea expose investors to high risks, as exchanges control listings and many coins last less than two years. The post South Korea’s Crypto Market Faces Volatility With 34.9% Delisting Rate appeared first on BeInCrypto.

2024-10-24 13:23	regulation news
south crypto korea delisting rate market faces

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Nearly 200 South Koreans in their 20s hold over $750k in crypto: report

More than 185 South Koreans in their 20s own over $750,000 worth of digital assets each, based on data from Upbit and Bithumb. As reported by Maeil Business Newspaper on Oct. 3, South Korean-based crypto exchanges Upbit and Bithumb submitted…

2024-10-4 12:17	Upbit
south crypto upbit 20s koreans bithumb reported

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Crypto.com Halts Its Launch in South Korea: Details

Crypto.com has postponed its foray into the burgeoning South Korean market due to regulatory issues

2024-4-23 16:51
south crypto korean burgeoning market issues regulatory

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Crypto Exchange VALR Obtains South African License

The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly.

2024-4-15 17:00
south crypto exchange approval regulatory africa alongside

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$85 Million Worth of Crypto Traded by South Korean Lawmaker

South Korea's political elite, led by Rep. Kim Nam-kuk, found to be key players on crypto market

2023-12-30 19:15
south crypto found nam-kuk kim market key

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New Legislation Promises Improved Protection for South Korean Crypto Investors

Explore the upcoming regulations from South Korea's Financial Supervisory Service (FSS) aimed at bolstering virtual asset investor security. The post New Legislation Promises Improved Protection for South Korean Crypto Investors appeared first on BeInCrypto.

2023-12-12 04:03	Crypto News
south crypto investors new korean promises improved

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South Korea: Assessing 2023's unique growth trends in the crypto market

Approximately 6 million South Koreans became crypto investors this year South Korean traders have a strong preference for altcoins and are less enthusiastic about major tokens South Korea haThe post South Korea: Assessing 2023's unique growth trends in the crypto market appeared first on AMBCrypto.

2023-10-27 19:00	News
south crypto korea market trends growth 2023

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South Korea takes a stern stand on crypto with this new directive

The regulator was aiming to align crypto reporting standards in line with traditional financial reporting. South Korea has passed laws around crypto regulations in recent months. The South KThe post South Korea takes a stern stand on crypto with this new directive appeared first on AMBCrypto.

2023-7-12 17:00	News
south crypto korea directive new reporting stern

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South Korean lawmaker allegedly cashed out while legislating on crypto: Report

National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred.

2023-5-9 22:00	Cryptocurrencies
south crypto digital assets related laws deferred

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Crypto.com expands in South Korea following key acquisitions

Crypto.com has obtained two licences in South Korea after acquiring two startups in the… The post Crypto.com expands in South Korea following key acquisitions appeared first on CoinJournal.

2022-8-8 11:21	South Korea
south crypto korea acquisitions two following key

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ICOs are coming back following sweeping crypto reforms in South Korea

South Korea’s Presidential Transition Committee is proposing a crypto framework designed to foster the growth of the digital asset industry. The post ICOs are coming back following sweeping crypto reforms in South Korea appeared first on CryptoSlate.

2022-5-7 05:00	Regulation
south crypto korea following icos coming sweeping

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Op-Ed: South Korea’s new president aims to take crypto to the next level

The recent news that the incoming South Korean president is planning to boost the country’s crypto industry is welcome news, particularly in light of the economic power of South Korea not just regionally but also globally.

2022-4-25 09:00	Regulation
south crypto korea president economic light particularly

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Crypto tax rule will be decisive in South Korea’s upcoming election

South Korean presidential candidates have started calling for changes in the crypto tax rules… The post Crypto tax rule will be decisive in South Korea’s upcoming election appeared first on Coin Journal.

2021-10-18 15:46	USA
south crypto tax korea election upcoming rule

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Crypto Exchanges Distancing From South Korea Ahead of Stricter Regulations

South Korea is known to host significant crypto trading activity. South Koreans were among the major players during the 2017 crypto boom. The country accounts for less than 1% of the world’s population.

2021-8-18 18:00	South Korea
south crypto korea 2017 boom major players

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69,000 Bitcoin worth $3.6 Billion Lost in South African Crypto Scam

It is suspected to be a money-laundering operation for international players. While South Africa’s FSCA is looking into Africrypt, they don't have jurisdiction as crypto assets are not legally considered financial products.

2021-6-24 18:51	cybersecurity
south crypto don africrypt africa fsca looking

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South Africa to revise its stance on crypto amid surging retail interest

South Africa’s financial watchdogs are gearing up to introduce a crypto regulation framework in the country. A report unveiled this news on June 14, citing a position paper published by the South African Intergovernmental FinTech Working Group (IFWG) via the Crypto Assets Regulatory Working Group (CAR WG).

2021-6-15 18:48	Cryptocurrency
south crypto group working africa paper published

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South Africa to revise national policy position on cryptocurrency

Strong retail interest in crypto has driven South African regulators to rethink how they classify cryptocurrencies.

2021-6-15 12:38	South Africa
south crypto retail driven interest regulators classify

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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.

2021-5-11 14:34	South Korea
south crypto regulate looking digital feeling pressure

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South Korea plans interagency crackdown on illegal crypto transactions

South Korea’s top financial regulator established dedicated crypto investigation teams across the country last week.

2021-4-19 11:35	Crimes
south crypto korea established dedicated regulator financial

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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.

2021-3-31 09:30
south crypto study koreans asian nation fact

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South Korea faces strict crypto regulation and fears of centralization

The growing cost of compliance in South Korea could push smaller crypto businesses out of the country.

2021-3-25 12:53	AML
south crypto korea compliance growing cost push

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South Africa Unveils New Crypto Rules as Usage Soars Exponentially

The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.

2020-11-22 15:30
south crypto africa regulator assets financial experienced

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South Korea Is Exploring New Crypto Tax Laws

The government of South Korean is preparing to legislate crypto taxes by proposing a new amendment to the existing law.

2020-5-28 23:30	Government
south crypto new preparing korean legislate existing

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South Korean Lawmakers Greenlight Strict Crypto AML Bill

South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation.

2020-3-6 00:30	FATF
south crypto korean lawmakers sprawling country legitimacy

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South Korea Drafting Legislation To Tax Individual Crypto Profits

South Korea is working on legislation to tax crypto profits

2020-1-3 01:06	South Korea
south crypto profits tax legislation korea working

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South Korean banks spearhead blockchain adoption

South Korea is a global crypto hot spot and its citizens are some of the most enthusiastic crypto traders in the world. The technology-focused country continues to adopt blockchain solutions with South Korea’s largest bank Kookin the latest to announce a new crypto initiative.

2019-6-19 22:30	BNC insights
south crypto korea blockchain world adopt technology-focused

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South Korean Exchanges Announce Joint AML Initiative

South Korea has overcome last year’s cumbersome relationship with crypto trading as a result of its lack of clarity and consensus at different levels of government on the legal status of these activities.

2019-1-26 17:06	South Korea
south crypto exchanges government joint trading korean

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South Africa’s Reserve Bank Releases Consultation Paper on Crypto Assets

South Africa’s Reserve Bank (SARB) has taken a step forward in forming regulation for the crypto space, releasing a… The post South Africa’s Reserve Bank Releases Consultation Paper on Crypto Assets appeared first on Invest In Blockchain.

2019-1-23 08:50	South Africa
south crypto bank africa reserve assets releases

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South African Reserve Bank: Crypto Asset Friendly, but Bitcoin Is Not Money

South Africa’s reserve bank released a consultation paper that includes favorable recommendations and guidelines for the crypto asset industry in the country. However, the agency is not looking to treat Bitcoin and other digital currencies as ‘currency.

2019-1-23 01:28
south crypto bank reserve bitcoin african asset

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South African Reserve Bank Begins To Plan Crypto Regulations

Goldilocks found porridge that was just right. The SARB looks to do the same with South Africa's treatment of crypto asset providers.

2019-1-18 22:10	law and legislation
south crypto looks sarb asset providers same

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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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South Korea Further Advances Crypto Regulation

South Korea’s Financial Services Commission has revealed its new anti-money-laundering and know-your-customer rules for for crypto exchanges. The post South Korea Further Advances Crypto Regulation appeared first on CoinSpeaker.

2018-6-29 21:32
south crypto korea further regulation advances exchanges

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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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Its Stance on Crypto To Become Blockchain Haven South Korea Reviews

Brief history of crypto regulation in South Korea South Korea has been closely regulating the crypto industry. The demand for crypto was so high that cryptocurrencies were traded at prices more than 30 percent higher than in other countries.

2018-6-29 16:34
crypto south korea higher percent were traded

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All the ways you lose your Bitcoin – Bloomberg

Not Really Your FaultPhone Porting Pretty basic: Scammers hijack people’s mobile accounts by calling their carriers and impersonating them. The thieves get their victims’ numbers transferred to new devices and ultimately gain access to crypto accounts.

2018-6-29 14:02
your crypto accounts percent attack gain new

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South Korea Reviews Its Stance on Crypto To Become Blockchain Haven

To approach the fourth industrial revolution, South Korea has to drop that ICO ban

2018-6-29 13:47	Regulation
south korea revolution fourth industrial drop ban

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A New Yearly Low Looms as Crypto Markets Continue Bleeding

FOMO Moments Crypto land is in pain; Bitcoin Cash, EOS, Cardano and Monero are all hurting. The downward pressure has continued as the week draws to a close with markets plummeting further again today.

2018-6-29 08:04
crypto markets bleeding new below continue looms

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Bithumb Reveals 11 Cryptocurrencies Lost and Plan to Compensate Customers

South Korean crypto exchange Bithumb has announced the 11 cryptocurrencies stolen in last week’s theft and the amount of each coin missing. A compensation plan has also been unveiled for the equivalent value of the lost coins in an undetermined cryptocurrency.

2018-6-29 04:55	XRP
plan bithumb crypto lost cryptocurrencies reveals customers

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South Korean Financial Watchdog Releases Stricter AML Guidelines for Virtual Currencies

South Korea’s Financial Services Commission released new AML guidelines that require crypto exchanges to conduct proper customer ID due diligence

2018-6-29 21:55	Cryptocurrency Exchange
south aml guidelines financial crypto exchanges diligence

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FSS orders Dunamu to correct disclosure on Naver Financial deal

South Korea’s FSS orders Dunamu to correct omissions in its Naver Financial stock swap filing as new digital asset rules threaten the merger’s structure and timeline. South Korea’s Financial Supervisory Service (FSS) has issued a corrective order to Dunamu, the…

Bithumb delays IPO plans to post-2028 amid regulatory scrutiny

Crypto exchange Bithumb is reportedly delaying plans for its IPO until after 2028, according to local media. Per a report from Maeil Business News Korea citing a Bithumb official, the South Korean crypto exchange is set to “focus on preparing…

South Korea exchanges record $60B crypto outflows as profits fall

South Korean exchanges logged $60 billion in crypto outflows in H2 2025 as deposits rose while profits, volumes, and market values declined.

South Korea tax agency moves to outsource seized crypto custody after security lapse

South Korea’s National Tax Service is seeking to select a private custody provider to handle seized crypto assets after a security lapse resulted in private keys being exposed and assets being transferred by unauthorized entities. The National Tax Service has…

South Korea’s People Power Party proposes bill to abolish 22% crypto tax

Some South Korean lawmakers are pushing back against the ruling party’s plan to levy a 22% tax on cryptocurrencies. A bill introduced by the right-wing People Power Party on Thursday seeks to amend the Income Tax Act and fully abolish…

Crypto.com partners with South Korea’s KG Inicis to enable crypto payments for tourists

Crypto.com has partnered with KG Inicis to introduce crypto payment options for foreign tourists visiting South Korea. The two companies plan to roll out Crypto.com Pay across KG Inicis’ merchant network, according to a March 17 press release. The integration…

South Korea tightens crypto seizure rules after several mishaps

South Korea’s National Police Agency has introduced new guidelines for handling seized cryptocurrencies after multiple security lapses. The KNPA has drafted a directive outlining compliance requirements across multiple stages of crypto seizure, storage, and management, local media outlet Asiae reported…

2020-3-28 22:00

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