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Police have charged Coinbit chairman Choi Mo and two unnamed executives with fraud and forgery related to market manipulation and prosecutors are preparing the case. Go to Source Powered by WPeMatico
In South Korea, authorities have formally pressed fraud charges against the chairman of a major crypto exchange in the country, Coinbit, plus two unnamed executives of the firm. They are suspected of price manipulation. Coinbit’s Executives Formally Charged by South Korean Authorities According to Newspim, the 5th Investigation Team of the Seoul Metropolitan Police Agency … Read more
The postponement follows a successful lobbying campaign by local crypto advocates. Go to Source Powered by WPeMatico
Following lobbying by the Korean Blockchain Association, crypto exchanges are given extra time to implement a new tax infrastructure. Go to Source Powered by WPeMatico
Bithumb’s offline support center in Gangnam is closing down due to COVID-19. Go to Source Powered by WPeMatico
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto regulations under the Special Payments Act, the FSC accuses privacy … Read more
The new card will support crypto payments using Paycoin at over 30 million UnionPay merchants. Go to Source Powered by WPeMatico
Virtual asset service providers in the country will not be allowed to handle “dark coins.” Go to Source Powered by WPeMatico
Can anyone hold North Korea responsible for its attacks on the crypto industry? Go to Source Powered by WPeMatico
South Korea’s SK Telecom is issuing a blockchain solution for the storage and management of government certificates. Go to Source Powered by WPeMatico
