Tag: Korea

0 17
Posted in Crypto Update

South Korea excludes NFTs, CBDCs from crypto interest mandate

South Korean regulator Financial Services Commission (FSC) published a notice highlighting that by July 2024, investors in…

0 22
Posted in Crypto Update

Italy and South Korea central banks agree on CBDC cooperation

The Bank of Italy announced on Dec. 5 through its official channels that it has entered into…

0 19
Posted in Crypto Update

US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties

The United States Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on cryptocurrency mixer Sinbad,…

0 20
Posted in Crypto Update

South Korea to invite 100K citizens to test CBDC in 2024

The Bank of Korea (BOK) — South Korea’s central bank — has said it will invite 100,000…

0 25
Posted in Crypto Update

Democratic Party of South Korea mandates parliamentary candidates disclose crypto holdings

The Democratic Party of Korea, which holds 167 out of 300 seats in the National Assembly, has…

0 24
Posted in Crypto Update

Bithumb plans to be first crypto exchange listed on Korea stock market: Report

Crypto exchange Bithumb plans to become the first digital asset company to go public on the South…

0 24
Posted in Crypto Update

Terraform co-founder Shin blames protocol for collapse during trial in S. Korea

The trial of payment platform developer Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, and…

0 22
Posted in Crypto Update

Bank of Korea to start CBDC infrastructure pilot

South Korea joins a growing number of nations researching central bank digital currencies (CBDCs). The Bank of…

0 27
Posted in Crypto Update

South Korea focuses on OTC crypto regulations as unlawful deals reach $4B

South Korean regulators have turned their focus to over-the-counter (OTC) crypto trades amid growing concerns about its…

0 34
Posted in Crypto Update

South Korea plans to submit bill to freeze North’s crypto assets: Report

The government of South Korea is reportedly planning to submit a bill that will track and freeze…