South Korea’s Crypto Legal Framework Is Insufficient, Lawmaker Says
Kim told CoinDesk Korea he agreed that crypto should be taxed, but he argued that establishing a legislative and regulatory framework should be the...
Follow Tesla…in Korea
Tokyo-based Nexon said on Wednesday the company bought $100 million worth of bitcoin, becoming one of a growing number of publicly-listed companies that owns...
Korea’s big blockchain Klaytn eyes CBDC, partners with ConsenSys
The announcement involves Klaytn developing a private blockchain for the potential digital won. But if there’s a bridge to the public blockchain, the question...
Facing new law, crypto exchange start voluntary shutdown
Local cryptocurrency exchange Daybit is the latest company to voluntarily shut down its operations due to the toughened anti-money laundering law, the company said...
FSC head under fire for controversial comment on cryptocurrency
"I don't think it is the right path to jump on the bandwagon of recklessly buying a digital asset that's fluctuating more than 20...
Cryptocurrency frenzy in Korea unnerves regulator, investors
Many retail investors are feared to fall prey to what appears to be an irrational bubble of some virtual assets amid a burgeoning cryptocurrency...
Small cryptocurrency exchanges might be forced to close
According to the Financial Services Commission (FSC), an amendment to the Act on Reporting and Using Specified Financial Transaction Information requires all businesses dealing...
The latest indicators related to cryptocurrency in Korea
korea index of crypto investment_210420
Bitcoin overseas remittance surge… Woori Bank establishes monthly remittance limit
In Korea, there are more arbitrage transactions using the so-called 'kimchi premium' phenomenon, where the price of bitcoin is higher than that of other...
The NYSE Is Now Minting Its Own NFTs
Everyone seems to be launching their own non-fungible tokens (NFTs) these days, and now the world's largest stock exchange is joining the party.
The New...
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