Understanding the Complex Nature of South Korea’s Cryptocurrency Ecosystem

It is safe to say the cryptocurrency situation in South Korea is a lot more complex than most people think. A recent string of regulations has introduced some interesting albeit positive changes to this nascent industry. Moreover, the country’s National Pension Fund plays a surprisingly big role in the future of cryptocurrency. South Korea Won’t Benefit From Strict Regulation … Read more

CoinMarketCap Reinstates South Korean Price Tracking

There is never a boring day in the world of cryptocurrency. Not too long ago, CoinMarketCap.com decided to exclude Korean cryptocurrency prices from their global market averages. It now seems the site has reversed this decision without issuing any official warning or explanation. This change appears to affect all cryptocurrency markets, although the rest of the world … Read more

South Korean National Pension Fund Indirectly Invests In Crypto Exchanges

The South Korean National Pension Fund has been indirectly investing billions of won in cryptocurrency exchanges such as Upbit, Bithumb, and Korbit. This was revealed amid the country’s regulators continually releasing regulatory measures for cryptocurrencies. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Investments In Crypto Exchanges Amid South Korean regulators pushing … Read more

All Major Korean Cryptocurrency Exchanges Fail Privacy Tests – 30 Days to Improve

The South Korean Communications Commission has conducted a survey of major cryptocurrency exchanges in the country and found them to have insufficient customer data protection. Eight exchanges have been sanctioned, with 30 days to resolve their issues and safeguard their systems. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March … Read more

South Korean Prime Minister Imposes Crypto Code of Conduct on Government Officials

The South Korean prime minister has ordered a new code of conduct to be prepared and implemented specifically to address the actions of government employees regarding cryptocurrency regulations. This follows the recent case of possible insider trading which is being investigated. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March … Read more

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