Tag: Korea Government
S.Korea regulator to take innovation more into account on crypto regulations
South Korea's vice financial regulator chief said on Thursday that authorities would take innovation more into account in the next stage of regulating cryptocurrencies.
Regulations...
Travel rule company ‘Code’ obtains international certification and enters into strategic partnership
Code, a travel rule solution company that is a joint venture between virtual asset exchange Bithumb, Coinone, and Korbit, has acquired ‘ISO/IEC 27001’, an...
Bithumb Making Aggressive Moves
Virtual asset exchange Bithumb has recently been making aggressive moves, such as scaling down and eliminating businesses with poor performance in recent months, and...
South Korean Regulator Rules NFTs Are Not Subject to Crypto Law
Download Here : The Virtual Asset User Protection Act
South Korean financial regulators have said NFTs are not subject to the same rules as cryptoassets,...
South Korean Crypto Traders’ Influence Jumps During Recent Bitcoin Rally
South Korean crypto traders appear to be growing in influence during the recent rally that has seen Bitcoin surge more than 50% to the...
South Korea Launches Crackdown on Unlicensed Crypto Exchanges
South Korean financial authorities have launched a campaign urging the public to report unlicensed cryptocurrency exchanges. This initiative, a collaboration between the Digital Asset...
Coinone becomes the first domestic exchange to list Tether (USDT)
Coinone surprisingly listed Tether (USDT) at 17:00 on the 30th of last month. Among domestic exchanges, Coinone is expected to be the first to...
Flybit won the Financial Services Commission Chairman’s Commendation Award on Anti-Money Laundering Day
November 28, 2023. South Korean virtual asset exchange Flybit has received the highest rating in the comprehensive anti-money laundering (AML) evaluation conducted annually by...
The Bank of Korea Begins Testing CBDC Real Transactions for The General Public
Central bank digital currency (CBDC) usability testing will be conducted on up to 100,000 ordinary people in the fourth quarter of next year. When...
Bithumb Korea, the operator of the virtual asset exchange Bithumb, is pursuing an initial...
Bithumb Korea selected Samsung Securities as host company at the end of last month and began IPO work with the goal of listing in...
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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...
