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....
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South Korea’s monetary watchdog sanctions Korbit for anti-money laundering violations
The FIU said Korbit supported transfers to unregistered foreign virtual asset operators and failed to perform required risk assessments on the new products. South Korea’s...
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 Dakota and Montana Reject Bitcoin Reserve Proposals
By Mark Hunter2 weeks agoTue Feb 25 2025 10:46:00 Reading Time: 2 minutes South Dakota and Montana legislatures have dismissed bills proposing the investment of...
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 Korean basis to catch higher funds from defunct crypto exchanges
The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities. 994 Total views 5...
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...