Search Results for "south korea"
South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly
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.
Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site
Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.
South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”
In order to revive cross-border travel and keep infection risks under control, the South Korean government seeks to issue blockchain-backed COVID-19 “vaccine passports” to immunized citizens.
South Korea Plans to Suspend Crypto Taxation Until 2023
Crypto investors in South Korea might have a sigh of relief because the government intends to delay imposing crypto taxation until 2023.
South Korea Cracks Down on Cryptocurrency, Credit Card Purchases Banned
South Korea intensifies crypto regulations in 2023, targeting illicit flows and tightening credit card use for crypto purchases.
South Korea's Crypto Protection Law Advances in Assembly
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 in the legislative process for digital assets.
Binance CEO reportedly made a secret visit to South Korea
Binance CEO Richard Teng reportedly made a secret visit to South Korea to negotiate with financial authorities regarding the "Gopax" issue. The details and outcome of the negotiations are currently unknown.
South Korea Seeks Tech Partner to Build the Pilot Program for CBDC
South Korea's central bank on Monday said it would choose a technology supplier to build a pilot platform for a digital currency, moving a step closer to creating a central bank-backed digital currency.
Binance Acquires Majority Stake in Gopax
Binance returned to South Korea with a controlling ownership in ailing exchange Gopax.
China Leads Pan-Asian Digital Currency Project to Compete with Facebook's Libra
Led by China, four Asian countries are in the early stages of developing a joint digital currency. The currency will help keep the Dollar and Libra in check
South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns
South Korea's Financial Intelligence Unit (FIU) is set to introduce new regulations targeting digital asset mixers, mirroring similar moves by the US. These measures aim to curb the use of crypto mixers for illegal money laundering.
Solana and ROK Capital launched a $20 Million Fund to Promote the Ecosystem Expansion in South Korea
The Solana Foundation has cooperated with ROK Capital to jointly launch a $20 million fund, aiming to further expand Solana's blockchain ecosystem in South Korea.