South Korea fines Korbit $1.8M over compliance failures
Most breaches involved failures in customer due diligence and identity verification processes. The action coincides with reports of a potential majority acquisition by Mirae Asset....
Tag : Korea
South Korea limits international crypto alternate discover admission to as Google Play enforces licensing
Only VASP-registered platforms will stay available on the Play Store. Local exchanges like Upbit and Bithumb could gain more market share. Some traders may shift...
South Korea Moves Nearer to Approving Location Bitcoin ETFs
Bitcoin Magazine South Korea Moves Closer to Approving Spot Bitcoin ETFs South Korean Financial regulators submit an implementation roadmap for Bitcoin and crypto ETFs as...
South Korea Dismisses Establishing Strategic Bitcoin Reserve
Bitcoin Magazine South Korea Dismisses Establishing Strategic Bitcoin Reserve The Bank of Korea (BOK) has dismissed the possibility of establishing a strategic bitcoin reserve, citing...
South Korea crypto volume hit yarn $34 billion: Right here’s why
South Korea saw crypto trading volumes spike to $34 billion in 24 hours amid the president’s martial law order The unrest and political chaos catalysed...
South Korea fines Worldcoin for violating private protection laws
Despite the regulatory hurdles, the project’s WLD token surged 35% this week, from $1.60 on Sept. 19 to $2.16 on Sept. 26. 1201 Total views...
South Korea to Classify Some NFTs as Cryptocurrencies
By Philip Maina2 weeks agoTue Jun 11 2024 10:08:11 Reading Time: 2 minutes South Korea has released new regulations classifying some NFTs as cryptocurrencies NFTs...
South Korea moves to ban crypto purchases with credit playing cards
Under the proposal, cryptocurrencies would be designated as "prohibited for payment" under the country's credit finance laws......
South Korea seizes $104M from Terra co-founder suspecting unfair earnings
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from...
South Korea investigates crypto exchanges for itemizing native tokens
Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in...