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South Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country. Now, the government is introducing a new guideline to prevent local crypto exchanges from buying cryptocurrencies at foreign exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more
To approach the fourth industrial revolution, South Korea has to drop that ICO ban Go to Source Powered by WPeMatico
Korea’s Kakao Corporation’s blockchain subsidiary is considering offering a private placement next month to gain capital from consumer service companies Go to Source Powered by WPeMatico
South Korea’s Financial Services Commission released new AML guidelines that require crypto exchanges to conduct proper customer ID due diligence Go to Source Powered by WPeMatico
Bithumb announces less crypto stolen than originally reported, due to crypto exchange, foundation support and quickly moving holdings into a cold wallet Go to Source Powered by WPeMatico
One of the most controversial topics in the crypto industry, taxation, has yet to be settled by regulators. The industry has been kept guessing what policies regulators will eventually agree on, and with different regions and countries having very different outlooks on cryptocurrency, there is no telling what laws to anticipate. The South Korean crypto … Read more
Even though the initial coin offering industry has attracted a lot of attention, it is also a problem. Especially when it comes to regulation, the opinions on ICOs are quite divided. With South Korea still banning this activity, a fair few domestic firms are organizing ICOs in Singapore due to its regulatory-friendly climate. Singapore Welcomes … Read more
These 10 world leaders talk about crypto, but only insofar as they can make it work for them Go to Source Powered by WPeMatico
Crypto market slumps further despite positive news of an end to the Mt. Gox Bitcoin sell offs Go to Source Powered by WPeMatico
South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Theft Amount Reduced South Korea’s … Read more