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crypto south korea – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 13 Jul 2024 04:30:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png crypto south korea – DIGIT INFO https://www.digit.info 32 32 Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10% https://www.digit.info/binance-seeks-to-reduce-stake-in-operator-of-south-korean-crypto-exchange-gopax-to-10/ Sat, 13 Jul 2024 04:30:15 +0000 https://www.digit.info/binance-seeks-to-reduce-stake-in-operator-of-south-korean-crypto-exchange-gopax-to-10/ Read more]]> Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10%Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload the stake well before the August 11 deadline for reporting […]

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South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash https://www.digit.info/south-korean-universities-face-banking-hurdles-in-converting-crypto-donations-to-cash/ Thu, 30 May 2024 11:20:06 +0000 https://www.digit.info/2024/05/30/south-korean-universities-face-banking-hurdles-in-converting-crypto-donations-to-cash/ Read more]]> South Korean Universities Face Banking Hurdles in Converting Crypto Donations to CashSouth Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education Ministry and Financial Intelligence Unit Favor Maintaining Ban South Korean universities are reportedly unable to convert cryptocurrency […]

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South Korea Launches Investigation Into Worldcoin’s Data Collection Practices https://www.digit.info/south-korea-launches-investigation-into-worldcoins-data-collection-practices/ Wed, 06 Mar 2024 05:00:58 +0000 https://www.digit.info/2024/03/06/south-korea-launches-investigation-into-worldcoins-data-collection-practices/ Read more]]> South Korea Launches Investigation on Worldcoin Data Collection PracticesThe government of South Korea has opened an investigation into Worldcoin, the iris scanning cryptocurrency and digital wallet project. According to a press release, the Personal Information Protection Commission, the data privacy watchdog in the country, will investigate the actions taken by Worldcoin regarding the treatment of the data collected from users and will take […]

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South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions https://www.digit.info/south-korea-to-expel-crypto-exchanges-failing-to-meet-its-stringent-conditions/ Thu, 15 Feb 2024 08:00:32 +0000 https://www.digit.info/2024/02/15/south-korea-to-expel-crypto-exchanges-failing-to-meet-its-stringent-conditions/ Read more]]> Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit said its annual work plan incorporates the insights of cryptocurrency experts serving on its advisory committees. South Korea to Deploy System for Identifying Suspicious Transactions South […]

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