Tag: cryptocurrency
Busan City Signs an Agreement with Binance to Support Establishment of a Digital Asset...
The city of Busan announced on the 26th that it will sign a business agreement with Binance, the world's largest blockchain infrastructure company, to...
Domestic securities companies “Do not create a virtual asset exchange. It must be a...
Major domestic securities companies have made a statement that the preliminary approval for the establishment of a virtual asset exchange and the application for...
16 Foreign Virtual Asset Exchanges to be Blocked in Korea by the Financial Intelligence...
It was found that a large number of foreign virtual asset business operators were doing business for Koreans without properly reporting to the financial...
South Korea Investigates Banks for $6.5B in Transfers Related to Kimchi Premium
$6.5 Billion in Overseas Transactions
On Monday, August 15th, Asia Times reported that the country’s Financial Supervisory Service has authorised a probe into South Korean...
FIU to Investigate Unregistered Foreign Exchanges in Korea
The Financial Intelligence Unit (FIU) under the Financial Services Commission is monitoring and cracking down on unregistered foreign virtual asset (cryptocurrency) exchanges in Korea.
According...
South Korea’s Klaytn Announces Its Partnership with DeFi Protocol 1inch
Klaytn, one of the most-popular metaverse blockchain platforms from South Korea, recently announced its partnership with decentralized finance (DeFi) protocol 1inch. With this partnership,...
People Flock to South Korean Crypto Event Despite Market Turmoil
Korea Blockchain Week opened this weekend with more than 7,000 people registered to attend and over 120 speakers on the lineup. According to the...
‘For The Dog’, A Project Receiving Love Calls from Overseas Venture Capitalists
Recently, Silicon Valley-based TheVault signed a partnership with 'For The Dog Team', a pet-related metaverse company led by a Korean team.
Regarding the background of...
Daily Trading in Cryptocurrencies Skyrockets in South Korea
The average daily transaction amount of cryptocurrencies is skyrocketing on the back of rising investment fever.
The combined transaction amount of the nation’s four major...
South Korean payment firm Danal announces to accept cryptocurrency.
South Korean fintech payment firm Danal announced to accept cryptocurrencies. Danal claims to be the first major payment service in South Korea to accept...
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Crypto Excluded from New South Korean Donations Law
Per Kyunghang Shinmun, the Ministry of the Interior and Safety said it wanted to “expand the scope” of donations – but has decided against...
