South Korea is a curious case study. While for many it has been a country fairly conducive to the crypto-community, recent regulatory steps seemed to suggest...
The time period given to South Korean cryptocurrency exchanges, for registering with the required authorities is almost over. As per the country’s Financial Intelligence Unit, it...
Regulation and compliance is the name of the game if a company wants to succeed in the current legal environment around the cryptocurrency industry. Many companies...
Amid South Korea’s growing regulatory woes, Bithumb, CoinOne, and Korbit, three of the nation’s four largest cryptocurrency exchanges have joined hands to tackle these challenges. The...
While several crypto-related businesses in South Korea were having a tough time due to controversial regulatory efforts in the country, Upbit has been able to retain its...
The Cardano Foundation has partnered with blockchain analytics provider Coinfirm to deploy Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) analytics. According to a statement released by...
Crypto-regulations recently introduced in South Korea have created a slew of problems for companies in the space. Following numerous major steps taken by Bithumb to comply...
It’s typical of government agencies to sell seized Bitcoins during bull runs; with South Korean law enforcement agencies becoming the latest entity that has sold a...
South Korea’s Shinhan Bank will collaborate with the country’s central bank to issue a Korean Central Bank Digital Currency (CBDC). According to reports emerging from local...
Seoul’s Central District Court has ruled that South Korean crypto-exchange Bithumb is liable to compensate victims of Bithumb’s withdrawal incident back in November 2018. In the...
