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Nalezeno "South Korea": 1704

Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation

28.3.2020
Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on...

South Korea's Largest Bank Launch a Crypto Custodial Service

27.3.2020
KB Kookmin Bank is expected to launch a cryptocurrency custody service in H1 2020

Alleged Mastermind of Sex Abuse Chatrooms Hid Payments With Privacy Coin Monero

26.3.2020
The 25-year-old used the cryptocurrency monero to obfuscate payments for abusive sexual material, according to a CoinDesk Korea investigation

Alleged Telegram Sex Crime Ringleader Paraded in Public in Korea

26.3.2020
More than 5 million Koreans signed a petition demanding the ringleader behind a notorious Telegram sex crime chat room be named and shamed

Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures

25.3.2020
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...

Why Is South Korea’s Coronavirus Fatality Rate so Low?

18.3.2020
With the coronavirus pandemic raging – bringing illness, death, and unprecedented economic decline in its wake, the pressure is on scientists, doctors and statisticians to pick key patterns out of the flood of coronavirus-related data. In fact, rewind a few weeks and you may recall that South Korea...

South Korean Government to Grant $3.2 Million to Blockchain Companies

17.3.2020
A state-based pilot program aims to provide funding to nine blockchain startups in South Korea

BTC Plunge, YouTube Ban & Other Challenges: Bad Crypto News of the Week

14.3.2020
Check the bad crypto news of the past week

Revealed: How North Korea Laundered $100 Million of Stolen Crypto

13.3.2020
CipherTrace has detailed how two men managed to fool KYC processes and launder more than $100 million of stolen crypto on mainstream exchanges

Bithumb Partners With Chainalysis Amid Tightening Korean Regulations

11.3.2020
Korean exchange Bithumb has partnered with Chainalysis to monitor transactions and ensure compliance with new South Korean regulations

Bithumb Taps Chainalysis for FATF-Grade Crypto Investigation Tool

10.3.2020
The Bithumb exchange is tapping investigative tools offered by Chainalysis just a week after South Korea voted for tough new laws around the space

Regulatory Roundup: French Court Considers Bitcoin Money, Cryptocurrencies Legitimized in South Korea, Australia, India

10.3.2020
The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more...

South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards

7.3.2020
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...

South Korean Lawmakers Greenlight Strict Crypto AML Bill

5.3.2020
South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation

Why Bitcoin Mining Might Be the New Business Model for US Power Plants

5.3.2020
South Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain?

South Korea Passes Law to Introduce Permit System for Crypto Exchanges

5.3.2020
Virtual currency exchanges in South Korea will soon have to report their activities to regulators after receiving real-name confirmed bank accounts

Crypto Custody Could Help Keep South Korea’s Biggest Exchanges Afloat

4.3.2020
South Korean cryptocurrency exchanges have been suffering as trading volumes continue to remain low or stagnant in what was once one of the world’s busiest bitcoin (BTC) and altcoin markets. The downturn in trading has already seen many exchanges go out of business in recent months....