South Korean Banking Regulations a Threat to ‘Big 4’ Crypto Exchanges

Source: iStock/TwilightShow South Korea’s newly imposed anti-money laundering (AML) and banking rules are inflicting tensions which have reportedly left even the large 4 home crypto exchanges to concern for his or her... Read more »

South Korean Regulators Tell their Staff: ‘Stay Away from Crypto’

Source: Adobe/charnsitr A variety of South Korean civil servants might be barred from making crypto investments, with a ban on token-related actions for individuals who work for monetary regulatory our bodies. In... Read more »

Young South Korean Crypto Enthusiasts Ditch Youtube For TikTok

Source: Adobe/mehaniq41 Young South Korean crypto fanatics are reportedly more and more shunning YouTube – as soon as their favourite useful resource for crypto funding recommendation and token-related discuss – in favor... Read more »

Top Korean crypto exchanges reopen brick-and-mortar customer centers

Coinone, considered one of South Korea’s prime 4 cryptocurrency exchanges, has reopened its offline customer heart in Seoul. According to a report from The Korea Herald on Thursday, the middle was initially... Read more »

LUNA on the Rise as South Korean City Mulls Terra Stablecoin Proposal

Source: iStock/PeskyMonkey Terra’s LUNA token is having fun with a speedy burst of development, with costs up virtually 9% on the previous 24 hours – following information that the South Korean agency... Read more »

South Korean Crypto Grannies and Grandpas Shoot for the Moon

Source: Adobe/Qwenergy Is crypto solely a youngster’s recreation? Not in South Korea, it appears, the place – along with crypto mothers, a few of whom aren’t afraid to ask their youngsters for... Read more »

Korean minister says all 200 crypto exchanges in the country face a risk of closing down

Eun Seong-soo, chairman of the Finance Committee in South Korea, stated this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this yr in the event... Read more »

South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’ – Regulation Bitcoin News

The well-known hole in cryptocurrency costs in South Korean crypto exchanges and abroad ones referred to as “kimchi premium” raises some considerations among the many nation’s authorities. The newest studies recommend that... Read more »

South Korean Deputy PM Make Crypto ‘Overheating’ Claim as Alt Interest Rises

Source: Adobe/ArtmannWitte In a doubtlessly ominous signal for the South Korean crypto neighborhood, the nation’s deputy prime minister Hong Nam-ki has referred to as the crypto market “overheated.” Politicians talking out in... Read more »

Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges – Finance Bitcoin News

The South Korean crypto frenzy among the many banking trade stays on fireplace, as one other main financial institution is treading waters to supply banking companies for crypto exchanges. The BNK Busan... Read more »