Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways:
Upbit unveils countdown for “Giwa,” expected to be a Layer-2 blockchain.
Official details to be revealed at the Upbit Developer Conference (UDC).
Speculation grows over Giwa’s role in stablecoin liquidity and South Korea’s Web3 strate...
by COINS NEWS - 6 months ago
South Korea’s Financial Services Commission introduced new rules for crypto lending, banning leveraged loans, capping interest at 20% and restrict...
Cryptocoins News / The Cointelegraph - 6 months ago
Lee Eok-won, South Korea’s Financial Services Commission chief nominee, dismissed cryptocurrency as highly volatile and lacking intrinsic value....
Cryptocoins News / CoinJournal - 6 months ago
258 victims’ personal data stolen from six public and financial portals.
BTS star Jungkook targeted with 8.4B won HYBE stock theft attempt.
21.3B won in virtual assets stolen, 12.8B won recovered by police.
South Korean authorities have uncov...
Cryptocoins News / The Cointelegraph - 6 months ago
Tether and Circle are set to meet with the CEOs of South Korea’s four largest banks this week to discuss potential partnerships....
Cryptocoins News / The Cointelegraph - 6 months ago
The South Korean government passed laws in 2021 allowing regulators to seize crypto from accused tax delinquents. Tax official...
Cryptocoins News / The Cointelegraph - 6 months ago
The most popular US stocks in South Korea are Ethereum treasuries and crypto companies, Ant Group denies Yuan stablecoin plan. Asia Express....
Cryptocoins News / The Cointelegraph - 6 months ago
South Korean traders poured $259 million into Ether-hoarding firm BitMine in July, making it the country’s most-purchased overseas stock....
Bitcoin News / Bitcoinist - 6 months ago
XRP is trading steadily around the $3 mark as the crypto community awaits a key SEC decision regarding Ripple’s appeal withdrawal.
If the U.S. Securities and Exchange Commission confirms the withdrawal, analysts predict XRP could break through its im...
Bitcoin News / Bitcoinist - 7 months ago
South Korea’s top banks are moving fast into crypto and stablecoins. They’re not waiting around. Shinhan, Woori, KEB Hana and KB Kookmin have all set up in-house teams to build custody services, digital wallets and even their own coins.
Banks Set Up...
Cryptocoins News / The Cointelegraph - 7 months ago
The guidelines are expected to cover leverage limits, user eligibility and risk disclosures for crypto lending activities. Sou...
Bitcoin News / Bitcoinist - 7 months ago
The Democratic Party of Korea (DPK) and the People Power Party (PPP) are reportedly clashing after introducing two bills to regulate stablecoins in South Korea’s National Assembly, with the two bills differing on a key matter.
South Korean National...
Bitcoin News / Google News Bitcoin - 7 months ago
Bitcoin News Today: XRP Outperforms Bitcoin Ethereum in Trading Volume on South Korean Exchanges Despite 2% Price Dip& & AInvest
Cryptocoins News / CoinJournal - 7 months ago
Optimism price increased by more than 13% to highs of $0.84 amid gains for PancakeSwap, Ethena and SPX6900.
Upbit, South Korea’s leading crypto exchange, announced the listing of the Ethereum layer 2 scaling solution’s native token OP.
T...
Cryptocoins News / CryptoNinjas - 7 months ago
Key Takeaways:
South Korea’s Financial Supervisory Service (FSS) has warned asset managers to limit crypto stock exposure.
ETF holdings in Coinbase and MicroStrategy have surged, prompting a regulatory pushback.
Despite growing global acceptance, Ko...
Cryptocoins News / The Cointelegraph - 7 months ago
South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving...
Bitcoin News / Bitcoin.com - 7 months ago
While bitcoin has hovered between $117,502 and $118,781 over the past 24 hours, prices in South Korea are trailing behind the global average. Data reveals that bitcoin has been trading at a discount in the country for 12 consecutive days. Korean Bitc...
Cryptocoins News / The Cointelegraph - 7 months ago
After nearly a year of legal proceedings, a South Korean court acquitted former Wemade CEO Jang Hyun-guk of market manipulation charges....
Cryptocoins News / CoinJournal - 7 months ago
HBAR price rose 15% to hit highs of $0.20 as Bitcoin jumped to a new all-time high.
Salt app launch on Hedera amid overall bullish sentiment could push HBAR price to key resistance at $0.37.
The all-time high of $0.57 reached in September 2021 is a...
Cryptocoins News / CoinJournal - 7 months ago
The move would give digital asset firms access to tax breaks and state funding.
Dunamu paid ₩24 billion in taxes after losing venture status in 2018.
Policy is part of President Lee’s pro-crypto economic strategy.
South Korea is moving...
Cryptocoins News / The Cointelegraph - 7 months ago
South Korea may lift restrictions on crypto firms, allowing them venture status and access to tax breaks, funding and regulatory benefits....
by COINS NEWS - 7 months ago
Shares of Kakao Bank, Kookmin Bank and the Industrial Bank of Korea rose by 10% to 19% following stablecoin trademark applications....