Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange
Bitcoin
41 views
Bitcoin
41 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
24 views
Bitcoin
24 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
53 views
Bitcoin
53 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
56 views
Bitcoin
56 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
77 views
Bitcoin
77 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
35 views
Bitcoin
35 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
41 views
Bitcoin
41 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
56 views
Bitcoin
56 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
73 views
Bitcoin
73 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…

Korean Regulators Widen Investigation of Cryptocurrency Exchanges
Bitcoin
61 views
Bitcoin
61 views

Korean Regulators Widen Investigation of Cryptocurrency Exchanges

btcethereumadmin - May 14, 2018

South Korea’s government is widening its probe on cryptocurrency exchanges, particularly the use of corporate accounts which the regulators say can lead to money laundering. This announcement…