100+ Crypto Exchanges in South Korea – Government’s Real-Name System Ineffective
Bitcoin
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Bitcoin
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100+ Crypto Exchanges in South Korea – Government’s Real-Name System Ineffective

btcethereumadmin - May 14, 2018

There are reportedly more than 100 exchanges in South Korea, most of which are not using the government’s real-name system. None of the small and medium-sized exchanges…

South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud
Bitcoin
34 views
Bitcoin
34 views

South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

btcethereumadmin - May 11, 2018

The largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors have conducted searches at the exchange and confiscated…

South Korean Top Regulator Considers Easing Cryptocurrency Regulations
Bitcoin
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Bitcoin
25 views

South Korean Top Regulator Considers Easing Cryptocurrency Regulations

btcethereumadmin - May 7, 2018

The main regulatory body of cryptocurrencies in South Korea has a new chief who has just been approved by the country’s president. He is a known “activist…

Korean Regulator Warns Kakao’s ICO Abroad Could Violate Crypto Regulations
Bitcoin
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Bitcoin
46 views

Korean Regulator Warns Kakao’s ICO Abroad Could Violate Crypto Regulations

btcethereumadmin - March 16, 2018

Responding to media reports that South Korean internet giant Kakao plans to raise funds using an initial coin offering (ICO) abroad, the country’s financial regulator reportedly warned…

Korea’s Mandatory Crypto Real-Name System Neglected – 19% Conversion Rate
Bitcoin
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Bitcoin
85 views

Korea’s Mandatory Crypto Real-Name System Neglected – 19% Conversion Rate

btcethereumadmin - March 6, 2018

South Korea’s real-name system for cryptocurrency trading has been enforced for over a month, but most accounts have not been converted to the new system. Banks are…

Korea Investigates 20 Public Companies for Using Crypto Claims to Boost Share Prices
Bitcoin
66 views
Bitcoin
66 views

Korea Investigates 20 Public Companies for Using Crypto Claims to Boost Share Prices

btcethereumadmin - February 25, 2018

The South Korean financial authorities are investigating 20 publicly listed companies for unfairly using cryptocurrency claims to boost their share prices. Crypto-related companies do not always follow…

20+ South Korean Cryptocurrency Exchanges Voluntarily Undergo Evaluations
Bitcoin
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Bitcoin
56 views

20+ South Korean Cryptocurrency Exchanges Voluntarily Undergo Evaluations

btcethereumadmin - February 22, 2018

Over twenty cryptocurrency exchanges in South Korea have agreed to undergo evaluations, including the country’s top four exchanges: Upbit, Bithumb, Coinone, and Korbit. This is part of…

How South Korean Government Prevents Officials from Insider Crypto Trading
Bitcoin
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Bitcoin
53 views

How South Korean Government Prevents Officials from Insider Crypto Trading

btcethereumadmin - February 21, 2018

South Korea currently has no law against government officials insider trading with the knowledge of cryptocurrency regulations. The case against an employee of the country’s Financial Supervisory…

South Korea Supports ‘Normal’ Cryptocurrency Transactions
Bitcoin
83 views
Bitcoin
83 views

South Korea Supports ‘Normal’ Cryptocurrency Transactions

btcethereumadmin - February 21, 2018

The director of the South Korean Financial Supervisory Service has announced that the government will support “normal” transactions of cryptocurrencies. Acknowledging that most crypto exchanges are having problems…

South Korea Considers Bitlicense-Style System for Cryptocurrency Exchanges
Bitcoin
71 views
Bitcoin
71 views

South Korea Considers Bitlicense-Style System for Cryptocurrency Exchanges

btcethereumadmin - February 13, 2018

The South Korean government is considering introducing an approval system for cryptocurrency exchanges based on the Bitlicense model, developed by the New York State Department of Financial…