Tag: FinTech
Transaction of own coins banned for cryptocurrency exchanges
The regulatory Financial Services Commission on Thursday said that it will add detailed measures to the legislation governing cryptocurrency exchanges in an effort to...
Crypto Exchanges in South Korea to Be Classified as Highly Risky
South Korea continues to enforce stricter rules on the cryptocurrency space with the latest legislation to classify exchanges as high-risk entities. The move comes...
Upbit, the 1st domestic crypto exchange, issued a cautionary warning for 30 coins.
The following is a notice from upbit posted on June 11th at 5:30 pm.
End of trading support on KRW pair (5 projects)
Dear Upbit...
NFT combined with metaverse tourism
‘Non-Fungible Token (NFT)’ is combined with the virtual world (Metaverse) to create a virtual tourism service.
NFT is a technology that gives ownership to digital...
FSC announces plan to overhaul digital finance regulations
The Financial Services Commission (FSC) on July 26 announced a major overhaul of digital finance regulations in Korea, which have changed little since 2006.
...
Traditional financial players complain of reverse discrimination in fintech exemptions
Traditional financial and rising platform-based players clash over a new state initiative to promote fintech, with the former complaining of reverse discrimination as they...
IAMAI to host world’s largest virtual Global Fintech Fest
New Delhi,01st July 2020: Internet and Mobile Association of India , and its sister organisations, Payments Council of India, and Fintech Convergence Council...
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Ruling and Opposition Parties Agree on Two-Year Delay for Virtual Asset...
The ruling and opposition parties in South Korea have agreed to postpone the taxation on virtual asset income by two years. With the Democratic...
