Korea’s Financial Regulator Wants to Use the Blockchain for Stock Trading
Blockchain
98 views
Blockchain
98 views

Korea’s Financial Regulator Wants to Use the Blockchain for Stock Trading

btcethereumadmin - August 2, 2018

South Korea's financial watchdog is advocating for a blockchain-based stock trading system. The Financial Supervisory Service's (FSS) appeal was part of a new study published by the…

Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange
Bitcoin
162 views
Bitcoin
162 views

Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange

btcethereumadmin - July 29, 2018

A South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser…

South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently
Bitcoin
111 views
Bitcoin
111 views

South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently

btcethereumadmin - July 28, 2018

South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. There…

Policy Easing, New Crypto Classification in South Korea
Bitcoin
182 views
Bitcoin
182 views

Policy Easing, New Crypto Classification in South Korea

btcethereumadmin - July 9, 2018

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…

Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance
Bitcoin
147 views
Bitcoin
147 views

Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance

btcethereumadmin - June 23, 2018

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…

Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks
Bitcoin
201 views
Bitcoin
201 views

Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks

btcethereumadmin - June 21, 2018

Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes…

As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing
Bitcoin
132 views
Bitcoin
132 views

As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing

btcethereumadmin - June 18, 2018

As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to…

South Korean Government Agency Seeks Direct Supervision Over Crypto Exchanges
Bitcoin
134 views
Bitcoin
134 views

South Korean Government Agency Seeks Direct Supervision Over Crypto Exchanges

btcethereumadmin - June 15, 2018

The South Korean government is reportedly seeking to bring cryptocurrency exchanges under the direct supervision of the country’s Financial Intelligence Unit. This will obligate crypto exchanges to…

South Korea to Follow G20 Unified Cryptocurrency Regulations
Bitcoin
139 views
Bitcoin
139 views

South Korea to Follow G20 Unified Cryptocurrency Regulations

btcethereumadmin - May 18, 2018

The South Korean government reportedly plans to soften its crypto regulations in line with the policies set by the G20 nations in an effort to create “unified…

Investigation of South Korea’s Largest Crypto Exchange Upbit Continues
Bitcoin
176 views
Bitcoin
176 views

Investigation of South Korea’s Largest Crypto Exchange Upbit Continues

btcethereumadmin - May 16, 2018

Since the South Korean prosecution started investigating Upbit, the country’s largest cryptocurrency exchange, more events have unfolded. While local media still discuss allegations and raise questions about…