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...
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...
Cryptocoins News / The Cointelegraph - 1 year ago
After initially mandating public officials to declare their crypto, the South Korean authorities now want all local firms to disclose such holdings. The South Korean g...
Cryptocoins News / CoinJournal - 1 year ago
Key takeaways
South Korean financial regulator wants companies to disclose their crypto assets in their financial statements.
The aim is to improve accounting transparency amongst companies operating in the country.
South Korea introduces a new...
Cryptocoins News / Finance Magnates - 1 year ago
Companies holding or trading cryptocurrencies in South Korea will be required to disclose information about
their transactions to the financial regulator, according to the draft rules
released by the country's Financial Services Commission (FSC) yest...
Cryptocoins News / The Cointelegraph - 1 year ago
Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin’s trial preparations in South Korea are reportedly underway. Terraform Labs co-found...
Bitcoin News / Bitcoinist - 1 year ago
Terra’s legal trouble continues with South Korea’s Seoul Southern District Court conducting the initial preliminary hearing for Daniel Shin, the co-founder of Terraform Labs, along with seven other former Terra employees.
However, Shin, who st...
Bitcoin News / Bitcoinist - 1 year ago
A consortium of leading cryptocurrency exchanges in South Korea has introduced a system designed to notify users about price volatility and fluctuations in cryptocurrency prices.
This initiative aims to provide users with timely information and alert...
Cryptocoins News / Finance Magnates - 1 year ago
A group of South Korea’s major cryptocurrency exchanges
has launched a system that alerts users of abnormal changes in the prices of
cryptocurrencies. The alliance, dubbed the Digital Asset Exchange Association
(DAXA) and comprising Upbit, Bithumb, C...
by COINS NEWS - 1 year ago
South Korea’s National Assembly on Friday approved a bill that focuses on protecting the interests of cryptocurrency investors in the country’s first step to build a legal framework devoted to such digital assets, according to the Assembly’s of...
Cryptocoins News / The Cointelegraph - 1 year ago
The firm allegedly denied having any exposure to troubled sister lending firm Haru Invest before suspending transfers earlier this month. According to a report by loc...
Cryptocoins News / CoinJournal - 1 year ago
Bitcoin Cash has skyrocketed to a 14-month high above $320, hitting highs of $326 on Coinbase.
BCH upside momentum has increased since Wall Street-backed EDX listed the coin alongside BTC, ETH and LTC.
A spike in volume on South Korea exchange Upbit...
Bitcoin News / Bitcoinist - 1 year ago
The South Korean government has ushered in an era of stricter regulation for digital assets with its latest Virtual Asset User Protection legislation. The law has been enacted as a response to a series of scandals that rocked the crypto market, inclu...
by COINS NEWS - 1 year ago
South Korea’s crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading. South Korea’s government...
Cryptocoins News / Blockchain - 1 year ago
In a landmark move for South Korea's cryptocurrency sector, the Cryptocurrency User Protection Act (also known as the Cryptocurrency Investor Protection Law) has successfully passed through the Legal Affairs Committee, marking a momentous milestone i...