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Bank Branch in New York Suffers Cash Shortage Amid Coronavirus Panic

The viability of fiat currency is being stretched to its limit as banks run out of cash in New York amid the novel coronavirus...

The Competition for Licenses among Cryptocurrency Exchanges Is Becoming Fierce… Legal Advice from Law...

The ‘Specific Financial Transaction Information Act’ was passed, which stipulated the legal basis for the operation of cryptocurrency exchanges. When the law is...
Getty Images Bank

Cryptocurrency Attains the Desire of ‘Entry into the Formal Sector’… Does It Remove the...

The cryptocurrency (virtual asset) market, which has been stigmatized as ‘speculation and has been outside the law, has taken the first step into the...

The Amendment to Special Financial Transaction Information Act Will Take Effect in March Next...

"The FSC and the FIU emphasized a focus on vitalization of cryptocurrency industry and investor protection.” The amendment to ‘Special Financial Transaction Information Act’,...

Virtual Currency Awaiting Entry into the Formal Sector…Special Financial Transaction Information Act Passed the...

The amendment to ‘Special Financial Transaction Information Act’, which includes regulations that virtual currency (cryptocurrency) exchanges must obey, passed the Legislation and Judiciary Committee...
Park Sun-moo, Director of MyID Alliance. February 25, 2020/News1 © News1 Lee Dong-hae

“COVID-19 Boosts Non Face-To-Face Digital Transactions…DID Will Be the Game Changer of the Fourth...

“The outbreak of novel coronavirus infection (COVID-19) will be a turning point where non face-to-face digital transactions become popularized.” Park Sun-moo, head of the DID...

Bithumb and Upbit Give a Strong Warning to ‘Bad Coins’…They Are Considering Delisting and...

Bithumb and Upbit, Korea’s leading cryptocurrency exchanges, have announced their strong reaction to the items that are considered to be inadequate among listed cryptocurrencies....

South Korean Crypto Exchange APRObit Adopts Bitfinex Joint Order Book System, Launching in March

• APRObit will be the first exchange in South Korea to adopt Bitfinex’s joint order book system, which shares the market depth of Bitfinex’s BTC,...

UPBIT BANKRUPT? : Insolvency, Gangsters and Insider Trading

“It’s not in my nature to be mysterious but I can’t talk about it and I can’t talk about why.” That’s the supercool line Brad...

“Remarkable Growth of Korea’s Fintech Industry…It Is Attractive Enough as a Cooperative Business”

“Korea is a fascinating overseas remittance market. Korea has advanced technology compared to other Asian countries and Koreans are also familiar with mobile, so...

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