Bookmarking Crypto Insights
Auto Added by WPeMatico
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
South Korea’s central bank says crypto poses “insignificant” risks for financial institutions, with domestic banks holding a “not really big” $1.79 bln in crypto at the end of 2017 Go to Source Powered by WPeMatico
It’s finally happened! At press time, the father of digital currency has leapt to the $6,700 mark and conquered its latest plane of resistance. After weeks of analysts going at it (Will bitcoin reach $6,700? Will bitcoin reach $6,700?), it appears the currency has defeated its latest obstacle. Now, $7,000 could easily be in bitcoin’s … Read more
The South Korean government is drafting major new industry classification standards for blockchain to serve as a basis for policy making, promotion and regulation Go to Source Powered by WPeMatico
Korean authorities, the KCC and KISA, have announced a joint probe into crypto exchange operators’ handling of personal data together with third party service providers Go to Source Powered by WPeMatico