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News
97% of S. Korean Crypto Exchanges 'In Danger of Bankruptcy': Report
Low transaction volume has caused South Korean exchanges to shut down and startups to seek listing elsewhere.
Monday, 19/08/2019 | 07:05 GMT
by
Rachel McIntosh
News
Coinone Partners with Two Companies to Revamp Security
Crypto exchange security has become a major concern for South Korean regulators.
Thursday, 08/08/2019 | 09:59 GMT
by
Arnab Shome
News
South Korean Regulator Eying to Directly Regulate Crypto Exchanges
The watchdog is currently controlling the sector through guidance to banks.
Wednesday, 07/08/2019 | 07:33 GMT
by
Arnab Shome
News
South Korean Brokerage Firm to Offer Stock Lending on Blockchain
The firm's parent introduced a decentralized platform to process loans earlier.
Monday, 05/08/2019 | 06:33 GMT
by
Arnab Shome
News
South Koreans Lost $2.28 Billion to Crypto Frauds Since 2017
The figure does not include the losses due to exchange hacks.
Monday, 22/07/2019 | 11:31 GMT
by
Arnab Shome
News
South Korea's Biggest Bank Signs Blockchain Agreement
KB Kookmin Bank will be working with Atomrigs Lab on a number of crypto-related products and services
Tuesday, 11/06/2019 | 15:38 GMT
by
David Kimberley
Regulation
Breaking: South Korea Deregulates Retail OTC Derivatives Market
The financial regulator is taking steps to revitalize the sector by cutting minimum deposits
Monday, 03/06/2019 | 11:23 GMT
by
Victor Golovtchenko
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News
South Korea Plans Action Amid Concerns on Crypto Price Surge
The trading activity in the country dramatically surged in recent days.
Wednesday, 29/05/2019 | 08:18 GMT
by
Arnab Shome
News
South Korea’s Oldest Bank Unveils Lending Platform on Blockchain
The bank previously introduced the new technology in its internal processes.
Tuesday, 28/05/2019 | 09:12 GMT
by
Arnab Shome
News
Korean Crypto Investors Spent an Average of $6,000 in 2018
That's according to a new report which also found that Koreans in their 50s were most likely to invest in digital assets
Monday, 22/04/2019 | 12:57 GMT
by
David Kimberley
News
Coinnest to Shut Down Crypto Trading Services
The exchange has faced multiple technical glitches and embezzlement charges earlier.
Thursday, 18/04/2019 | 12:38 GMT
by
Arnab Shome
News
South Korean Authorities Nabb 12 for $18 Million Crypto Ponzi Scheme
The scammers were primarily targeting elderly people.
Monday, 08/04/2019 | 11:15 GMT
by
Arnab Shome
News
Kakao Reportedly Set to Integrate Crypto Wallet in Messaging App
The internet giant is competing with Samsung to capture the South Korean crypto market.
Tuesday, 19/03/2019 | 07:23 GMT
by
Arnab Shome
News
South Korean FSC Chair Urges Banks to Open Up to FinTech Firms
Choi Jong-ku said that working with fintech firms can boost the economy and help customers
Friday, 01/03/2019 | 15:01 GMT
by
David Kimberley
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News
ICONLOOP Reportedly Planning to Proceed for an IPO at KOSDAQ
The company raised $115 million via an ICO in 2017.
Wednesday, 27/02/2019 | 08:34 GMT
by
Arnab Shome
News
S. Korean Crypto Exchange Coinbin Bankrupt After Embezzlement
The employee responsible for the embezzlement is the former CEO of the now-defunct Youbit exchange.
Monday, 25/02/2019 | 06:52 GMT
by
Rachel McIntosh
News
Bank of Korea Warns Against Central Bank Digital Currency
The central bank recently scraped the prospect of launching a CBDC.
Thursday, 07/02/2019 | 10:21 GMT
by
Arnab Shome
Regulation
FSC Reaffirms ICO Ban in South Korea
The FSC termed ICOs a “high risk” investment.
Thursday, 31/01/2019 | 13:46 GMT
by
Arnab Shome
News
South Korean Crypto Exchanges Team Up to Tackle Money Laundering
The real-time system will flag any suspicious transaction, further blocking the related accounts.
Monday, 28/01/2019 | 14:16 GMT
by
Arnab Shome
News
Airdrop Error Costs Coinnest $5 Million, Plans to Restore Funds
The funds were transferred to clients accounts during an airdrop of We Game Tokens.
Tuesday, 22/01/2019 | 09:11 GMT
by
Arnab Shome
News
Executives at Korean Exchange Komid Jailed for Faking Volume
The fake orders had created $45 million in exchange fees.
Tuesday, 22/01/2019 | 07:55 GMT
by
Arnab Shome
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Regulation
South Korea Fines Four Global Banks for FX Rigging
Authorities in the country initiated a series of investigations amid the infamous scandal by “the cartel.”
Monday, 21/01/2019 | 07:47 GMT
by
Arnab Shome
News
Nine Arrested in South Korea for Dealing Drugs Using Crypto
The drug dealers were taking payments in DarkCoin, a privacy-oriented cryptocurrency.
Tuesday, 25/12/2018 | 10:41 GMT
by
Arnab Shome
Exchanges
Korean Authority Indicts Upbit’s Executives for Fraud
The exchange has allegedly raked more than 120 billion won by creating false orders.
Friday, 21/12/2018 | 12:55 GMT
by
Arnab Shome
News
South Korean Blockchain Startup to Fight ICO Ban in Court
Presto says that the ban is unconstitutional.
Sunday, 09/12/2018 | 10:19 GMT
by
Simon Golstein
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