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South Korea to Cooperate with China and Japan on Regulation

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South Korean regulators are seeking cooperation with counterparts from Beijing and Tokyo to address cryptocurrency speculation. Six commercial banks have been targeted by Seoul authorities inspecting crypto trading. Korean experience is to help a possible trilateral approach to regulation. Also read: Vietnam Expedites Cryptocurrency Legal Framework – Ready End of January “Trial-And-Error” to Shape the … Read more

Korean Lawyers Take Government to Court over Crypto Regulation

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A law firm from Seoul has decided to address arbitrary measures taken by authorities to regulate cryptocurrency trade. Korean lawyers have filed an appeal accusing their government of “unconstitutional” infringement on property rights. Newly imposed rules are devaluing virtual currencies, they say. Also read: Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017 … Read more