Alleged Telegram Sex Crime Ringleader Paraded in Public in Korea
More than 5 million Koreans signed a petition demanding the ringleader behind a notorious Telegram sex crime chat room be named and shamed Go to Source Powered by WPeMatico
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Regulatory Roundup: Crypto Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South Korea, India, and Russia. Also read: Bitcoin Legal in India — Exchanges Resume INR … Read more
South Korean Government to Grant $3.2 Million to Blockchain Companies
A state-based pilot program aims to provide funding to nine blockchain startups in South Korea Go to Source Powered by WPeMatico
BTC Plunge, YouTube Ban & Other Challenges: Bad Crypto News of the Week
Check the bad crypto news of the past week. Go to Source Powered by WPeMatico
Revealed: How North Korea Laundered $100 Million of Stolen Crypto
CipherTrace has detailed how two men managed to fool KYC processes and launder more than $100 million of stolen crypto on mainstream exchanges Go to Source Powered by WPeMatico
Bithumb Partners With Chainalysis Amid Tightening Korean Regulations
Korean exchange Bithumb has partnered with Chainalysis to monitor transactions and ensure compliance with new South Korean regulations Go to Source Powered by WPeMatico
South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Also read: Bitcoin Legal … Read more
South Korea Passes Law to Introduce Permit System for Crypto Exchanges
Virtual currency exchanges in South Korea will soon have to report their activities to regulators after receiving real-name confirmed bank accounts Go to Source Powered by WPeMatico
13,000 ATMs in South Korea to Support Litecoin Withdrawal and Remittances
The Litecoin Foundation hopes to drive LTC adoption in Asia through the new partnership with MeconCash Go to Source Powered by WPeMatico
South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System
South Korea’s NongHyup Bank rolls out first commercial use of blockchain ID technology backed by tech giant Samsung Go to Source Powered by WPeMatico