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Nalezeno "Korean Crypto": 261

Hope for South Korean Crypto Exchanges as Bank Keen on Contract Renewal

28.5.2021
There may be a glimmer of hope at last for the South Korean crypto exchanges fearing for their future, with the neobank K-Bank reportedly set to renew its contract with the market-leading trading platform Upbit – just days after three major commercial banks ruled out the prospect of doing...

Bank Risk Assessment May Threaten Bithumb, South Korean Crypto Exchanges

21.5.2021
South Korean banks are set to audit crypto exchanges’ senior managers as part of their due diligence and risk assessment protocols for real-name banking contracts – and there are concerns Bithumb officials may struggle to pass the checks due to previous and ongoing fraud allegations. Bank-conducted...

‘Elderly’ South Korean Crypto Fans Brave 30-min Waits at Customer Centers

11.5.2021
South Korean Crypto Fever 2.0 shows no sign of abating – with customers weathering waiting time of 30 minutes or more as queues of wannabe investors wait to get face-to-face service from the crypto exchange Bithumb’s reopened offline center in Seoul’s affluent Gangnam District. As previously...

South Korean Crypto Tax U-Turn Looking Unlikely, Despite Outcry

5.5.2021
Despite the recent outcry about crypto tax among younger South Koreans, a new small survey has found that most of the respondents are in favor of imposing taxes on crypto traders’ profits. Per Segye Ilbo and Chosun, the survey quizzed 500 people aged 18 and over nationwide and was commissioned...

Young South Korean Crypto Enthusiasts Ditch Youtube For TikTok

30.4.2021
Young South Korean crypto enthusiasts are reportedly increasingly shunning YouTube – once their favorite resource for crypto investment advice and token-related talk – in favor of TikTok-based crypto content-makers. Per Chosun, Generation Z investors are increasingly looking to broaden their...

South Korean Crypto Grannies and Grandpas Shoot for the Moon

23.4.2021
Is crypto exclusively a young person’s game? Not in South Korea, it seems, where – in addition to crypto moms, some of whom are not afraid to ask their children for trading tips, crypto grannies and grandpas are starting to get involved in the bitcoin (BTC) and altcoin markets. South Korea Crypto...

At Least 10 South Korean Crypto Exchanges’ ‘Survival Not Guaranteed’

7.4.2021
More South Korean crypto exchanges are almost certain to fold in the months ahead, regulators and industry insiders have claimed, with just five months left before some of the toughest policing measures in the world come into force. Per Fn News, regulatory sources familiar with the matter claim...

Customers of Small South Korean Crypto Exchanges Fear for their Funds

31.3.2021
South Korean crypto exchanges are now among the most tightly policed trading platforms in the world after a new piece of anti-money laundering (AML) legislation promulgated last week, also placing controls on banking operations and much more. But in the ensuing grace period – which runs until late...

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