south korea
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South Korea
Regulation News
South Korea
Regulation News

South Korea’s Digital Won In Works; Bank Of Korea Sets Up A CBDC Advisory Group

South Koran central bank, Bank of Korea sets up a committee of six to probe the legalities pertaining to the launch of a potential CBDC.  South Korean CBDC In The Works? Central Bank Digital Currency popularly known as CBDC has evidently become a new field of interest for many countries. While authorities have been dissing

South Koran central bank, Bank of Korea sets up a committee of six to probe the legalities pertaining to the launch of a potential CBDC.  South Korean CBDC In The Works? Central Bank Digital Currency popularly known as CBDC has evidently become a new field of interest for many countries. While authorities have been dissing

News
News

South Korean Bank To Set Up Consortium To Fuel Development Of Crypto Exchange

South Korea’s NH Nonghyup Bank has signed a memorandum of understanding with a law firm and blockchain in the country to facilitate research as well as the development of cryptocurrency exchanges.  South Korean Bank Targets Local Crypto Industry Cryptocurrencies have taken the world by storm. From associating these digital assets with illicit activities on the dark

South Korea’s NH Nonghyup Bank has signed a memorandum of understanding with a law firm and blockchain in the country to facilitate research as well as the development of cryptocurrency exchanges.  South Korean Bank Targets Local Crypto Industry Cryptocurrencies have taken the world by storm. From associating these digital assets with illicit activities on the dark

Bitcoin News
Bitcoin News

South Korea Finalizes Pro-Cryptocurrency Law Amidst CoronaVirus Concerns, Bullish Signs for Bitcoin?

South Korea has finalized revisions to a bill that reinforces positive sentiments toward the nation’s burgeoning cryptocurrency sector. Despite the pandemic of coronavirus affecting the cryptocurrency markets, this may be an opportune moment for Bitcoin investors in South Korea. Revised and Revamped After a cabinet meeting on March 17, 2019, South Korean officials approved amendments

South Korea has finalized revisions to a bill that reinforces positive sentiments toward the nation’s burgeoning cryptocurrency sector. Despite the pandemic of coronavirus affecting the cryptocurrency markets, this may be an opportune moment for Bitcoin investors in South Korea. Revised and Revamped After a cabinet meeting on March 17, 2019, South Korean officials approved amendments

world crypto
Editors' Picks
world crypto
Editors' Picks

Here Are The Top Countries Leading Crypto Adoption In 2020

Over the past three or four days there has been wild talk in cryptocurrency regulation as India, France and South Korea all witnessed pro-crypto regulations set in place. The three countries are part of the five top countries making waves in blockchain and crypto regulation in 2020 so far. 5. Panama One of the favorite

Over the past three or four days there has been wild talk in cryptocurrency regulation as India, France and South Korea all witnessed pro-crypto regulations set in place. The three countries are part of the five top countries making waves in blockchain and crypto regulation in 2020 so far. 5. Panama One of the favorite

South Korea
Bitcoin News
South Korea
Bitcoin News

Bitcoin (BTC) Hits Key Resistance At $9,100 As South Korea Allegedly Legalizes Crypto, Bullish Signals?

Bitcoin (BTC) gained 3% in the past day to set an intraday high price of $9,155 USD following reports that the South Korean parliament passed a law legalizing cryptocurrencies in the country. No official reports have been released yet but BTC bulls are showing rage in the market, pushing along the rest of the market

Bitcoin (BTC) gained 3% in the past day to set an intraday high price of $9,155 USD following reports that the South Korean parliament passed a law legalizing cryptocurrencies in the country. No official reports have been released yet but BTC bulls are showing rage in the market, pushing along the rest of the market

Ripple-XRP South Korea
Altcoin News
Ripple-XRP South Korea
Altcoin News

Ripple Cements Their Presence in SE Asia With New Partnerships in South Korean

Ripple Inc. is hard at marketing and busy cementing their position in one of the densest parts of the world: the Asia Pacific, and specifically South Korea. With RippleNet their ultimate plan and On Demand Liquidity (ODL) close to their chest, the project’s leaders have zeroed in on South Korea and have consequently announced three

Ripple Inc. is hard at marketing and busy cementing their position in one of the densest parts of the world: the Asia Pacific, and specifically South Korea. With RippleNet their ultimate plan and On Demand Liquidity (ODL) close to their chest, the project’s leaders have zeroed in on South Korea and have consequently announced three

South Korea
Bitcoin News
South Korea
Bitcoin News

South Korean Investors Turn to Blockchain Development as Crypto Market Suffers

South Korea’s cryptocurrency market sentiment has drastically deteriorated following 2018’s crypto winter that saw Bitcoin’s price plummet by over 80%, dragging the rest of the market along with it. The grave loss of funds in a market wipeout has however not caused total annihilation of the market as investors moved their funds towards blockchain development.

South Korea’s cryptocurrency market sentiment has drastically deteriorated following 2018’s crypto winter that saw Bitcoin’s price plummet by over 80%, dragging the rest of the market along with it. The grave loss of funds in a market wipeout has however not caused total annihilation of the market as investors moved their funds towards blockchain development.

Upbit
Altcoin News
Upbit
Altcoin News

Hacked Exchange Upbit Announces Major Steps To Cover Lost ETH

In a recent development, Upbit has notified users of the theft of 342,000 Ether (ETH) from its hot wallet. Furthermore, the incident has been confirmed in an official statement by the CEO of Upbit’s operator, Dunamu.  Losses Will Be Covered by Corporate Assets Lee Seok-woo, CEO of Upbit’s operator mentioned revealed that: “At 1:06 PM

In a recent development, Upbit has notified users of the theft of 342,000 Ether (ETH) from its hot wallet. Furthermore, the incident has been confirmed in an official statement by the CEO of Upbit’s operator, Dunamu.  Losses Will Be Covered by Corporate Assets Lee Seok-woo, CEO of Upbit’s operator mentioned revealed that: “At 1:06 PM

hack
Altcoin News
hack
Altcoin News

Hack or FUD? Upbit Suspends Deposits & Withdrawals Post 60 Billion Won in Crypto Withdrawal

As per recent reports, the South Korean cryptocurrency exchange Upbit has stopped trading after the withdrawal of 60 Billion Won. Furthermore,  the exchange released a notice at 04:30 UTC today suspending crypto deposits and withdrawals due to server check.  KISA Investigates Crypto community suspects that the exchange has been hacked and the Korea Internet &

As per recent reports, the South Korean cryptocurrency exchange Upbit has stopped trading after the withdrawal of 60 Billion Won. Furthermore,  the exchange released a notice at 04:30 UTC today suspending crypto deposits and withdrawals due to server check.  KISA Investigates Crypto community suspects that the exchange has been hacked and the Korea Internet &

CoinExchange.io closes
Blockchain News
CoinExchange.io closes
Blockchain News

CoinExchange.io Announces Closure, Cites Deficit Budget Concerns

Crypto exchange, Coinexchange.io made a public announcement on Tuesday 1st of October that it was closing down operations in Dec., 2019. CoinExchange.io Cites Budget Concerns As per the official announcement, the crypto exchange cited reasons along the lines of budget required to maintain the platform’s security and support which has outweighed their earnings. Also, the

Crypto exchange, Coinexchange.io made a public announcement on Tuesday 1st of October that it was closing down operations in Dec., 2019. CoinExchange.io Cites Budget Concerns As per the official announcement, the crypto exchange cited reasons along the lines of budget required to maintain the platform’s security and support which has outweighed their earnings. Also, the

north korea
Blockchain News
north korea
Blockchain News

Exclusive: North Korean Hackers Behind Famous Crypto Exchange Hacks Identified by US Treasury

Three, cyber groups; Lazarus Group,” “Bluenoroff,” and “Andariel” responsible for malicious cyber attacks, data theft, and many popular cryptocurrency exchange hackings have been identified and sanctioned by U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). These groups are said to be responsible for North Korea’s malicious cyber activity on critical infrastructure. North

Three, cyber groups; Lazarus Group,” “Bluenoroff,” and “Andariel” responsible for malicious cyber attacks, data theft, and many popular cryptocurrency exchange hackings have been identified and sanctioned by U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). These groups are said to be responsible for North Korea’s malicious cyber activity on critical infrastructure. North

Cyber attack
Bitcoin News
Cyber attack
Bitcoin News

North Korea Using Crypto Mining to Fund Military; UN Investigations Underway

The United Nations (UN) is investigating 35 North Korea cyber attacks in 17 countries, according to an article published by the Associated Press. The news comes after a list of countries including South Korea, India, Bangladesh, and Chile were reported to have become the victims of malicious cyber attacks originating from North Korea. As more

The United Nations (UN) is investigating 35 North Korea cyber attacks in 17 countries, according to an article published by the Associated Press. The news comes after a list of countries including South Korea, India, Bangladesh, and Chile were reported to have become the victims of malicious cyber attacks originating from North Korea. As more

china ban crypto
Bitcoin News
china ban crypto
Bitcoin News

Crypto Analyst Dovey Wan Counters “Chinese Buying up Bitcoin” Narrative

The narrative of the correlation of Bitcoin’s growth to the rising tension between the US and China has been flourishing. Moreover, the assumption that the Chinese are increasing the buying pressure is also significant. However, Dovey Wan, a crypto-analyst, who shared her insights on this rhetoric, has countered this opinion. According to Wan, “the actual amount

The narrative of the correlation of Bitcoin’s growth to the rising tension between the US and China has been flourishing. Moreover, the assumption that the Chinese are increasing the buying pressure is also significant. However, Dovey Wan, a crypto-analyst, who shared her insights on this rhetoric, has countered this opinion. According to Wan, “the actual amount

Crypto News
Altcoin News
Crypto News
Altcoin News

This Week in Cryptos: Square ups Bitcoin Sale While Walmart zeros down on stablecoin

Key highlights Reddit Bitcoin discussion is positive Square sold $125M BTC in Q2 SEC may outsource crypto nodes Walmart patenting a stable coin Grayscale using Coinbase Custody S Korea starts regulation-free zone Reddit Bitcoin discussion is positive The interest in Bitcoin is definitely rising and by far is positive. And here comes another number that

Key highlights Reddit Bitcoin discussion is positive Square sold $125M BTC in Q2 SEC may outsource crypto nodes Walmart patenting a stable coin Grayscale using Coinbase Custody S Korea starts regulation-free zone Reddit Bitcoin discussion is positive The interest in Bitcoin is definitely rising and by far is positive. And here comes another number that

Bitcoin Korea
Bitcoin News
Bitcoin Korea
Bitcoin News

South Korea Dominating the Bitcoin [BTC] Markets: Analyst

The Bitcoin bulls are more relentless than one might have predicted for the summer of 2019. At the beginning of the year, crypto-winter had bears calling bottom below $3000 and a prolonged crypto-winter in 2019. However, the prices have reversed handsomely to touch $8000 with altcoins gaining from the positive sentiments as well. The break

The Bitcoin bulls are more relentless than one might have predicted for the summer of 2019. At the beginning of the year, crypto-winter had bears calling bottom below $3000 and a prolonged crypto-winter in 2019. However, the prices have reversed handsomely to touch $8000 with altcoins gaining from the positive sentiments as well. The break

South Korea
Bitcoin News
South Korea
Bitcoin News

Crypto Investment Rises in South Korea as the Middle Age Population Doubles its Exposure Taking It to USD 6100

Korea has been at the forefront of the crypto and blockchain revolution as it has been a leader in regulations, innovation, support and investments in this nascent technology. While 2018 saw a drop in global investment in crypto, Korea still was an outlier at its population above the age of 40 have doubled their exposure

Korea has been at the forefront of the crypto and blockchain revolution as it has been a leader in regulations, innovation, support and investments in this nascent technology. While 2018 saw a drop in global investment in crypto, Korea still was an outlier at its population above the age of 40 have doubled their exposure

Bitcoin News
Bitcoin News

Coinbase Expands Crypto-To-Crypto Conversions To 11 new countries including India, Argentina and South Korea

Coinbase has been one of the flagship crypto exchanges in the world and has been growing its presence across the world. The exchange has taken another progressive step and according to the recent announcement the exchange is now introducing  crypto-to-crypto conversions and trading to 11 more  countries across Latin America and Southeast Asia countries through

Coinbase has been one of the flagship crypto exchanges in the world and has been growing its presence across the world. The exchange has taken another progressive step and according to the recent announcement the exchange is now introducing  crypto-to-crypto conversions and trading to 11 more  countries across Latin America and Southeast Asia countries through

Blockchain News
Blockchain News

South Korea Expands its Support for Blockchain Public Pilot Project in 2019

In a wake of South Korean government official’s optimistic view on crypto and blockchain, the Korea Internet and Security Agency (KISA) has expanded its blockchain public pilot projects from 6 in 2018 to 12 in 2019. Is South Korea in a Right Direction? Per the local South Korean media outlet, KISA and the Ministry of

In a wake of South Korean government official’s optimistic view on crypto and blockchain, the Korea Internet and Security Agency (KISA) has expanded its blockchain public pilot projects from 6 in 2018 to 12 in 2019. Is South Korea in a Right Direction? Per the local South Korean media outlet, KISA and the Ministry of

South Korea To Review Existing Crypto Policies – Is it Removing ICO Ban?
Regulation News
South Korea To Review Existing Crypto Policies – Is it Removing ICO Ban?
Regulation News

South Korea To Revise Existing Crypto Policies – Is it Removing ICO Ban?

Reports revealed that South Korea’s govt officials are looking to review crypto regulations that are already set and finalized within the nation – one such stubborn regulation is ICO ban. On stage at Deconomy conference, held in Seoul, Korea on April 04 and 05, 2019, government officials reportedly talked about revising the existing regulations around

Reports revealed that South Korea’s govt officials are looking to review crypto regulations that are already set and finalized within the nation – one such stubborn regulation is ICO ban. On stage at Deconomy conference, held in Seoul, Korea on April 04 and 05, 2019, government officials reportedly talked about revising the existing regulations around

bithumb
Bitcoin News
bithumb
Bitcoin News

Bithumb to Layoff 50% Employees As Bitcoin Trading Volume Decrease by 95%

BitHumb, the largest South Korean Exchange has announced that it will lay off around 50% of its workforce by the end of March 2019. Kim Dae-Shik found the Exchange in 2013; it handles one of the highest volumes of cryptocurrency trades daily. It currently supports 79 cryptocurrencies. According to a report, the Exchange currently employes 310

BitHumb, the largest South Korean Exchange has announced that it will lay off around 50% of its workforce by the end of March 2019. Kim Dae-Shik found the Exchange in 2013; it handles one of the highest volumes of cryptocurrency trades daily. It currently supports 79 cryptocurrencies. According to a report, the Exchange currently employes 310