Search

Nalezeno "Korean Crypto": 261

Hope For Four More S Korean Crypto Exchanges as Others Give up the Ghost

20.9.2021
for permits set to double.In order to apply for operating permits, exchanges must secure real name-authenticated banking services with a domestic bank and information security management system (ISMS) certification. Some 30 platforms have secured the latter, but the former is proving a

Bithumb to Ban Foreign Traders Failing Mobile Phone Identification

4.9.2021
South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb...

South Korean Crypto Exchanges Plead for 6 Months of Regulatory Mercy

21.8.2021
Source: AdobeStock / Chee-Onn Leong South Korean blockchain organizations have told regulators that it will be impossible for the nation’s crypto exchanges to meet a September 24 registration deadline and want six more months to prepare – although it looks like their pleas may have fallen on deaf...

Binance Discontinues Crypto Products and Services in South Korea

13.8.2021
On August 13, the cryptocurrency exchange Binance revealed it is ending a great number of services in South Korea. The company noted in the announcement that it evaluated local regulations and “will discontinue the following offerings in Korea, effective immediately.” Binance Ends...

Smaller South Korean Crypto Exchanges Begin to Shutdown, Suspend Services

3.8.2021
A number of smaller South Korean crypto exchanges have announced their imminent closure – throwing in the towel in their struggle to meet a fast-approaching regulatory deadline that is threatening to derail the nation’s crypto trading platform industry. Per Joongang Ilbo, the latest exchanges...

Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges

18.7.2021
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will...

South Korean Regulator Analyzing 578 Cryptocurrencies

14.7.2021
South Korea is deliberating on four crypto-related bills for the regulation of cryptocurrencies. “We are currently doing groundwork by searching for and analyzing data on 578 coins that have various forms,” the chairman of the country’s top financial regulator reportedly said....

South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin

3.7.2021
One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving...

South Korean Crypto Exchange Execs Arrested Amid USD 2B Fraud Fears

3.7.2021
Police in South Korea said they fear that the crypto exchange V Global could be at the center of a fraud network that has sucked in some USD 2bn, as investigations into the platform intensify and police officers raided the exchange’s offices. Per Seoul Shinmun and Hankook Ilbo, police claim that...

Korean Crypto Exchanges Consider Suing Government Over Banking Requirements

30.6.2021
All cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A number of Korean crypto exchanges are considering suing the government and financial authorities, claiming that the country’s crypto law...

South Korean Crypto Exchanges Ready for Legal Fight Amid Closure Threats

28.6.2021
Source: Adobe/david_franklin South Korean crypto exchanges are preparing lawsuits to sue the government or challenge it in the constitutional court if they fail to meet a September regulatory deadline and are obliged to close. New regulations for crypto exchanges, which have already passed into...

Top South Korean Crypto Exchanges Purging Altcoins in Late-night Culls

18.6.2021
Multiple South Korean crypto exchanges have gone on token purges, culling a wide range of altcoins from their platforms – and following in the wake of the market-leading exchange Upbit, which has earmarked 30 coins for the ax. As previously reported, Upbit’s unexpected move saw five coins removed...

Regulator Extends South Korean Crypto Exchanges’ AML Window by 6 Months

15.6.2021
South Korean crypto exchanges have been given a short extension in their race to get anti-money laundering (AML) protocols in place – although the nation’s top regulator has promised to place the industry under “intense scrutiny” in the months ahead. The nation’s first piece of crypto-specific...

Nahoru
Tento web používá k poskytování služeb a analýze návštěvnosti soubory cookie. Používáním tohoto webu s tímto souhlasíte. Další informace