Bitcoin News / Bitcoin.com - 5 months ago
South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines will be part of the Virtual...
Bitcoin News / Google News Bitcoin - 5 months ago
South Korean Regulator Excludes Certain NFTs From Crypto Regulations – Regulation Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoinist - 5 months ago
Investors in South Korea’s booming cryptocurrency market are facing a digital dust storm after a shocking revelation by financial regulators. A joint study by the Financial Supervisory Service (FSS) and the Korea Financial Intelligence Unit (FI...
Bitcoin News / Bitcoin.com - 5 months ago
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’ mon...
Bitcoin News / Google News Bitcoin - 5 months ago
70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says – News Bytes Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 5 months ago
South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as...
Bitcoin News / Bitcoin.com - 5 months ago
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South...
Cryptocoins News / CoinJournal - 6 months ago
North Korean hackers deploying “Durian” malware targeting South Korean crypto firms.
The resurgence of dormant hackers like Careto underscores the evolving cybersecurity landscape.
Hacktivist groups like SiegedSec escalate offensive oper...
Bitcoin News / Bitcoin.com - 6 months ago
The North Korean hacker organization Kimsuky has employed a new malware named “Durian” in targeted cyber attacks against at least two South Korean cryptocurrency companies, according to a report by cybersecurity firm Kaspersky. This malwa...
Bitcoin News / Bitcoin.com - 6 months ago
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effo...
Bitcoin News / Bitcoin.com - 6 months ago
Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign. Priced at 5,900 Korean won ($4.30) each, the...
Bitcoin News / Bitcoinist - 6 months ago
A recent report revealed that the South Korean exchange Upbit dominates the local crypto market with over 80%. Additionally, Upbit rose to fifth place in the top five global exchanges list.
Different platforms have unsuccessfully challenged the excha...
Bitcoin News / Bitcoin.com - 7 months ago
Local sources have reported that a South Korean inmate, temporarily released to attend a funeral, exploited a cryptocurrency over-the-counter (OTC) deal to rob another individual. He enticed the buyer by offering to sell the digital assets at a rate...
Bitcoin News / Bitcoin.com - 7 months ago
In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative int...
Bitcoin News / Bitcoinist - 7 months ago
In the first quarter of 2024, the South Korea Won emerged as the leading currency for cryptocurrency trades globally. According to data from research firm Kaiko, the cumulative trade volume denominated in Korean won reached $456 billion, surpassing t...
Cryptocoins News / Blockchain - 7 months ago
South Korea's major political parties unveil crypto incentives, with the Democratic Party eyeing ETF liberalization and the People's Power Party proposing a tax delay on digital assets. (Read More)