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More than 80 percent of ICOs in 2017 are identified as “scams,” while the UK sees crypto becoming mainstream within a decade — read more in our Hodler’s Digest Go to Source Powered by WPeMatico
A lot of things are changing in South Korea’s cryptocurrency ecosystem. With all major exchanges adhering to self-regulation, the government has bought additional time prior to introducing official guidelines. It seems that regulation will be introduced a lot sooner than originally thought. South Korean Regulators Make Their Move According to local sources, there will be … Read more
Regulation overhauls this week see South Korea aim to simplify blockchain investment Go to Source Powered by WPeMatico
South Korea is a very important location in the world of cryptocurrency. Its exchanges generate tremendous amounts of trading volume, and it seems that situation will not change anytime soon. According to a new report, the Korean Blockchain Association has announced that all exchanges meet its regulatory requirements, which is a very positive sign. Korean Exchanges … Read more
The self-regulatory inspection of South Korean cryptocurrency exchanges is complete. Fourteen out of 23 exchanges agreed to be inspected. Twelve met the self-regulatory standards despite security flaws, raising questions of how effective the inspection is. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 12 Exchanges Pass Security Checks The Korea Blockchain Association (KBA) held … Read more
South Korean lawmakers are to present drafts of bills aimed at developing new rules for crypto, blockchain, and ICOs in the country Go to Source Powered by WPeMatico
South Korean Lotte Global Logistics, a major logistics and shipping firm, has joined the Blockchain in Transport Alliance (BiTA) Go to Source Powered by WPeMatico
South Korea has taken big steps in legitimising crypto exchanges and blockchain making a better environment for the users through more regulation Go to Source Powered by WPeMatico
The South Korean government has been criticized for not doing enough to help prevent hacking at cryptocurrency exchanges. Data obtained by the regulators show that three crypto exchanges were hacked, with damage of almost $1 billion, after having gone through an inspection by the government. Meanwhile, one of the nation’s largest crypto exchanges, Upbit, has denied … Read more
South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released … Read more
