Bitcoin News / Google News Bitcoin - 1 year ago
South Korean president's office urges financial regulator to reconsider spot bitcoin ETF possibility& & The Block - Crypto News
Bitcoin News / Bitcoin.com - 1 year ago
Financial authorities are preparing to issue cryptocurrency mixing-specific regulations in South Korea to stop criminal groups from using these tools to launder funds obtained illegally. The Korean authorities are discussing whether to allow virtual...
Cryptocoins News / Blockchain - 1 year ago
South Korea's Financial Intelligence Unit (FIU) is set to introduce new regulations targeting digital asset mixers, mirroring similar moves by the US. These measures aim to curb the use of crypto mixers for illegal money laundering. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024. De...
Cryptocoins News / Finance Magnates - 1 year ago
The South Korean government is contemplating strict measures against the use of crypto-mixing services. The country's financial authorities are gearing up to introduce regulations specifically targeting virtual asset mixers, which have become a tool...
Bitcoin News / Bitcoinist - 1 year ago
The crypto industry has been experiencing convulsion over the last few days, which is expected to continue in the coming months. In the United States, the industry has achieved a significant victory, but the situation could become more restrictive in...
Bitcoin News / Bitcoinist - 1 year ago
South Korea’s Financial Services Commission (FSC) has recently issued a statement that could have significant implications for the local crypto market in its region. The FSC has indicated that domestic securities firms’ brokering of US sp...
Bitcoin News / Google News Bitcoin - 1 year ago
South Korean regulator warns brokering US bitcoin ETFs locally may be illegal& & Reuters.com
Bitcoin News / Google News Bitcoin - 1 year ago
South Korean regulator warns against US Bitcoin ETF trading& & Cointelegraph
Cryptocoins News / Finance Magnates - 1 year ago
Despite the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC), the South Korean Financial Services Commission (FSC) has stated that it would not permit the trading of cryptocurrencies on i...
Bitcoin News / Google News Bitcoin - 1 year ago
South Korean regulator warns brokering US bitcoin ETFs locally may be illegal& & Reuters
Bitcoin News / Google News Bitcoin - 1 year ago
South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law& & CoinDesk
Bitcoin News / Google News Bitcoin - 1 year ago
South Korea’s Samsung Securities, Mirae Asset suspend foreign spot bitcoin ETFs amid regulatory warning& & The Block - Crypto News
Bitcoin News / Google News Bitcoin - 1 year ago
South Korea Warning on Investing in US Bitcoin ETFs Roils Stocks& & Bloomberg
Bitcoin News / Google News Bitcoin - 1 year ago
South Korea's Warning on US Bitcoin ETFs Hits Stocks& & Yahoo Finance
Cryptocoins News / Blockchain - 1 year ago
South Korea reaffirms its prohibition of local financial institutions from owning, buying, or investing in cryptocurrencies and businesses offering crypto, including a strict ban on cryptocurrency exchange-traded funds (ETFs). (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
South Korea persists in its stance against allowing financial institutions to invest in digital currencies, effectively blocking the launch of any crypto exchange-traded fund (ETF) within its borders. A representative from the Financial Services Comm...
Cryptocoins News / CoinJournal - 1 year ago
South Korea’s Financial Services Commission (FSC) will not allow crypto ETFs despite SEC’s approval of spot Bitcoin ETFs. An FSC official says the ban on financial instutitions with regard to cryptocurrencies remains. Despite the eventu...
Bitcoin News / Bitcoin.com - 1 year ago
Amidst a national surge in crypto trading, South Korea’s FSC is proposing a significant change to their credit finance laws, potentially barring citizens from the use of credit cards in cryptocurrency transactions. South Korea Aims to Tighten C...
Bitcoin News / Bitcoin.com - 1 year ago
South Koreans with digital assets held in non-custodial or decentralized crypto wallets like Metamask or Ledger are reportedly not subject to the country’s overseas financial account reporting requirement. According to a South Korean tax accountant,...
Bitcoin News / Bitcoin.com - 1 year ago
The Klaytn Foundation, an organization devoted to expanding the Klaytn ecosystem, announced that Creder, one of its governance council members, will launch a tokenized gold offering called Gold Pegged Coin (GPC) in January. Creder will also launch Go...
Bitcoin News / Google News Bitcoin - 1 year ago
South Korea's Crypto Surge — Navigating the 'Kimchi Premium' and Massive Trade Volumes – Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 1 year ago
Recent data reveals that South Korea’s crypto trading volume has surged in recent months, with two exchanges, Upbit and Bithumb, contributing over 10% to the global trading volume as of Jan. 4, 2024. Additionally, while the global price for bi...
Cryptocoins News / Blockchain - 1 year ago
South Korea intensifies crypto regulations in 2023, targeting illicit flows and tightening credit card use for crypto purchases. (Read More)
Cryptocoins News / Blockchain - 1 year ago
South Korean gaming firm Wemade faces a $41 million tax bill for its crypto operations, highlighting the complexities of regulatory compliance in the blockchain gaming industry. (Read More)
