Cryptocoins News / Blockchain - 1 year ago
The US SEC has approved collaboration with South Korea to investigate Terraform Labs and co-founders Daniel Shin and Do Kwon. The investigation focuses on Chai Corporation's use of the Terra blockchain and its relationship statements with Terraform....
by COINS NEWS - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
Google-backed AI developer Anthropic raised $100 million in funding from South Korean telecommunications giant SK Telecom to bolster the industry. Artificial intellige...
Bitcoin News / Bitcoinist - 1 year ago
The South Korean Police have arrested Jinwook Shin, CEO of South Korea-based crypto exchange Bitsonic, who is being investigated for stealing $7.5 million of users’ funds. According to Chosun Biz, a local news outlet, Shin’s arrest happened on...
Cryptocoins News / The Cointelegraph - 1 year ago
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More / Bitcoin Reddit - 1 year ago
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Cryptocoins News / Blockchain - 1 year ago
South Korea selects Jeju, Busan, and Incheon for its CBDC pilot project, excluding Seoul. The Bank of Korea aims to test digital currency issuance and distribution. (Read More)
Bitcoin News / Bitcoinist - 1 year ago
In light of the recent security breach that affected Curve Finance’s CRV token, South Korean-based cryptocurrency exchange Upbit has announced a temporary suspension of deposits and withdrawals for the token. Upbit Advises Caution Amid Volatility Up...
Bitcoin News / Bitcoinist - 1 year ago
South Korea is currently making a crucial stride in the digital currency sphere as a commitment in the space of central bank digital currencies (CBDCs). In the latest report, the country has earmarked three potential regions for pioneering its CBDC p...
Cryptocoins News / The Cointelegraph - 1 year ago
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency. The Bank of Korea has narro...
More / Bitcoin Reddit - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance....
Bitcoin News / Bitcoinist - 1 year ago
Amid accelerated efforts to expand its global presence, Ripple Labs has allied with Catalyze Research to boost XRP Ledger (XRPL)’s user base in South Korea. Leading web3 and blockchain-focused consultancy firm, Catalyze Research, took to Twitt...
Bitcoin News / Bitcoinist - 1 year ago
In its continuous attempt to regulate its evolving crypto scene and fight against crypto crimes, the South Korean government has offered support to virtual asset operators in the country. The nation’s Financial Intelligence Unit recently held a meeti...
Cryptocoins News / The Cointelegraph - 1 year ago
The decision was driven by the country’s concern over illicit activities in the crypto market and the desire to safeguard investors. South Korea has established an int...
Cryptocoins News / Finance Magnates - 1 year ago
South Korea has launched a special investigations unit to combat the rising cases of criminal activities related to cryptocurrencies. The multi-agency unit will reportedly protect the interests of the investors as the country awaits proper regulati...
Bitcoin News / Bitcoinist - 1 year ago
In South Korea, numerous private banks are actively researching tokenized deposit technology as a viable alternative to both private stablecoins and central bank digital currencies (CBDCs). Top banks in the region have shown considerable interest in...
Cryptocoins News / The Cointelegraph - 1 year ago
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. The South Korean central...
Cryptocoins News / The Cointelegraph - 1 year ago
The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real-time in its second stablecoin pilot project. South Korea’s S...
Bitcoin News / Bitcoinist - 1 year ago
Shinhan Bank, one of the oldest banks in South Korea, has announced the successful completion of a stablecoin remittance test on Hedera’s open-source public network. This trial was carried out in collaboration with Siam Commercial Bank’s technology i...
by COINS NEWS - 1 year ago
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Cryptocoins News / Blockchain - 1 year ago
South Korea passes the Digital Asset Basic Act, Shinhan Financial Group invests in digital asset custody, and K-culture goes blockchain. (Read More)
Bitcoin News / Google News Bitcoin - 1 year ago
XRP surpasses Bitcoin as the most traded asset in South Korea following partial win against SEC& & FXStreet
Cryptocoins News / Blockchain - 1 year ago
According to Newsis on July 13, the People's Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital Market Act to the National Assembly within this month. (...
Bitcoin News / Bitcoinist - 1 year ago
The top financial regulator in South Korea has now mandated crypto-related companies to be more detailed in their financial statements. The new rule, which will kick off in January 2024, aims to boost transparency in crypto disclosures. The South Ko...
