Bitcoin News / Google News Bitcoin - 3 months ago
South Korea’s bitcoin 'kimchi premium' soars to 10-month high amid Trump-led tariff war concerns& & The Block
Bitcoin News / Bitcoinist - 3 months ago
South Korea’s largest crypto exchange, Upbit, has reportedly received a suspension notice from the Financial Services Commission (FSC) for allegedly violating anti-money laundering (AML) and Know-your-client (KYC) requirements.
Upbit Faces Suspensio...
Bitcoin News / Bitcoin.com - 3 months ago
South Korea has cracked down on a pump-and-dump scheme, accusing a suspect of rapid price manipulation under the country’s new crypto regulatory framework. New Crypto Law in Action: Suspect Accused of Rapid Price Manipulation South Korea’s Fina...
Cryptocoins News / Finance Magnates - 3 months ago
South Korea's top cryptocurrency exchange, Upbit, is
facing a regulatory storm. Accused of breaching Know Your Customer (KYC)
obligations, the platform faces a suspension that could bar it from registering
new users for six months. According to local...
Bitcoin News / Bitcoin.com - 3 months ago
The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act. South Korean Crypto Industry Watches Upbit Case C...
Bitcoin News / Bitcoinist - 3 months ago
South Korea’s regulatory industry for cryptocurrency continues to evolve, with authorities adopting a cautious approach to corporate investments in digital assets.
On Wednesday January 15, the Financial Services Commission (FSC) hosted its second Vir...
Bitcoin News / Bitcoinist - 4 months ago
The United States, Japan, and South Korea have joined together to warn the industry about the ongoing hacking threats by North Korean actors after observing “aggressive” targeting of the crypto industry.
US, Japan, South Korea Send Warning
In a join...
Bitcoin News / Bitcoin.com - 4 months ago
The U.S., Japan, and South Korea have united to thwart North Korea’s crypto theft schemes, targeting billions in stolen funds fueling weapons programs and cybercrime operations. 3 Nations Join Forces to Shut Down North Korea’s Crypto Funding Ma...
Bitcoin News / Bitcoinist - 4 months ago
Recent reports revealed that South Korea is set to ease its restrictions on institutional crypto investment. Secretary-General of South Korea’s Financial Services Commission (FSC) announced the watchdog’s plan to review its restrictions amid the ongo...
Cryptocoins News / CoinJournal - 4 months ago
South Korea’s financial regulator plans to gradually ease restrictions on institutional crypto trading, allowing them access to local crypto markets.
Non-profit organisations are at the top of the list of institutions which will be allowed to...
Bitcoin News / Bitcoinist - 4 months ago
On Thursday, the South Korea Stock Exchange chairman, Jeong Eun-bo, revealed their plan to “explore” the approval of crypto-based exchange-traded funds (ETFs) to continue with its “value-up program” and face the ongoing market challenges.
Korea Exch...
Bitcoin News / Bitcoinist - 4 months ago
The Bitcoin (BTC) ‘kimchi premium’ has returned to South Korea’s cryptocurrency market as the country grapples with political instability. This has led to a weakened Korean won (KRW) and a higher price for the leading cryptocurrency.
Bitcoin Ki...