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South Korea goes after digital currency staking services following Kraken’s debacle

The Financial Service Commission will begin a full-scale review of staking among exchanges operating in the country, news outlet News1 reported. At the moment,...

Binance Completes Purchase of Stake In South Korea’s GOPAX

Binance Buys Part of GOPAX Binance has completed a minority purchase of GOPAX, a South Korean digital asset exchange. The move allows Binance to re-enter...

Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months

South Korea to Start Tracking Crypto Transactions in 1H South Korea’s Ministry of Justice (MOJ) reportedly announced that it will adopt a cryptocurrency tracking system...

FINANCIAL REGULATORY INNOVATION COMMITTEE DISCUSSES MEASURES TO ALLOW THE ISSUANCE OF STO

SUMMARY OF REMARKS BY FSC CHAIRMAN KIM JOO-HYUN The measures to establish a regulatory system on the offering and distribution of security tokens, intends to (a)...

Neowiz Holdings— the creator of Intella X, establishes blockchain entity in UAE

South-Korean gaming giant Neowiz Holdings has announced its ambition to reach a wider audience by creating a blockchain enterprise in the United Arab Emirates,...

All eyes on $67.1 million Bithumb tax dispute

Market participants and industry watchers are paying attention to whether the Tax Tribunal will find for Bithumb in a suit it filed to nullify...

Pack Your Bitcoin: Busy South Korean Beach Says ‘Yes’ to Crypto

Holidaymakers at Haeundae, South Korea’s busiest and most popular beach, will be able to pay for services such as sun umbrella and inflatable tube...

OKEx Korea Will Suspend Its Operation of KRW Market until the Enforcement of the...

OKEx Korea, a cryptocurrency exchange, announced that it would stop the operation of KRW market until the enforcement of the Specific Financial Transaction Information...

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