Over half of South Korean crypto exchanges have failed to repay investors’ money after they become defunct, according to a joint study by financial authorities. The study comes amid gr… Read More
Investors in South Korea’s booming cryptocurrency market are facing a digital dust storm after a shocking revelation by financial regulators. A joint study by the Financial Supervisory… Read More
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurre… Read More
The post South Korea Under Pressure to Embrace Crypto ETFs After US, Hong Kong Moves appeared first on Coinpedia Fintech News
The SEC’s sudden approval of Ethereum ETFs has sparked co… Read More
While HYBE has successfully expanded into an entertainment powerhouse built around its multi-label structure, the Korean corporation says it has investigated one of its crown jewel agenc… Read More
In the first quarter of 2024, the South Korea Won emerged as the leading currency for cryptocurrency trades globally. According to data from research firm Kaiko, the cumulative trade volume… Read More
In a decisive move to bolster the security and integrity of the cryptocurrency market in South Korea, financial regulators are set to introduce stringent guidelines for token listings on cen… Read More
SEOUL -- South Korean banks' combined net income hit a record high last year owing to increase in both interest and non-interest incomes, financial watchdog data showed Thursday. Net income… Read More
Breaking through barriers like it’s nobody’s business, Bitcoin’s price has reached a jaw-dropping $72,504 in South Korea. This recent spike was captured on the afternoon of… Read More
AI for Financial Markets
Financial regulators like Securities and Exchange Board of India SEBI, Bank of England https://github.com/vpx62rks/Incognito-market/ BoE and the U. In this way, buye… Read More
SEOUL -- South Korean banks' loan delinquency ratio fell in December last year due to more bad loan settlements than new delinquent loans ahead of the end of the year, financial watchdog dat… Read More
Blockchain technology has led to breakthroughs in the financial sector that have made CBDCs possible.
By Alexey Utkin
Blockchain technology has disrupted the financial sect… Read More
South Korea’s financial watchdog chief is planning to visit the U.S. to discuss crypto regulation with the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler… Read More
In December it was reported that Financial Supervisory Service head Lee Bok-hyun was planning on meeting with the U.S. SEC Chairman Gary Gensler for the first time to discuss crypto regulati… Read More
Key Insights
The Digital Asset Exchange Alliance alleges that OKX has engaged in activities within South Korea without legal registration.
OKX is accused of indirectly targeting South Ko… Read More
We’re excited to announce that Amazon Web Services (AWS) has completed the 2023 South Korea Cloud Service Providers (CSP) Safety Assessment Program, also known as the Regulation on Sup… Read More
Crypto markets are dynamic and influenced by various factors, making it essential for enthusiasts and investors to stay informed about the latest developments. Here’s a valuable resour… Read More
Asia has been seeing a surge in its economy for the last few years. On that note, we’ve come up with the top business and financial news from Asia. Make sure to go through the whole re… Read More
According to reports, Gary Gensler, the chair of the US Securities and Exchange Commission (SEC), and Lee Bok-hyun, the head of South Korea’s Financial Supervisory Service (FSS), will… Read More
Samsung is a household name all over the world, and for good reason.
Samsung’s smartphones account for the majority of global Android phone sales, and the company is a strong… Read More
In a move to modernize its financial infrastructure, South Korea is set to embark on a pioneering project involving digital currency.
Commencing in the fourth quarter of 2024, the nation… Read More
The Bank of Korea (BOK), which is in South Korea, is all prepared to release a central bank digital currency (CBDC) pilot scheme. This will bring together 100,000 citizens in 2024. It will b… Read More
Navigating the world of cryptocurrency as an entrepreneur is like embarking on a thrilling global adventure but with the potential for regulatory pitfalls at every turn. Understanding t… Read More
Sui, a decentralized layer-1 blockchain developed by former Meta employees, is facing a criminal probe by the South Korean Financial Supervisory Service (FSS) for allegedly manipulating the… Read More
Sui Network – a layer 1 blockchain – has gained significant traction since its mainnet launch in May. However, South Korean regulators believe the developers lied about severa… Read More
South Korea’s Financial Supervisory Service (FSS) is preparing regulations to supplement the Virtual Asset Users Protection Act passed earlier this year, according to local reports… Read More
Find here our morning brief which compiled the main macro news — released on Twitter — concerning Americas, Asia and Europe.
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Sui’s native SUI token has struggled to regain ground after plunging more than 9% amid allegations from South Korean regulators, which have accused the Sui Foundation of manipulatin… Read More
The Bank of Korea (BoK) advances in developing a wholesale central bank digital currency (CBDC) through collaboration with BIS, FSC, and FSS.
The Bank of Korea (BoK) advances in develop… Read More
Global banking giant UBS has been penalized with a substantial fine of over a quarter billion dollars due to misconduct at its newly-acquired subsidiary, Credit Suisse. The penalty was anno… Read More
This week in crypto:
Crypto and stablecoins regulations pass into law in the UK
Crypto custody is having a bad month. Custodian Prime Trust didn’t custody its customers’ crypto a… Read More
SEOUL, May 9 (Xinhua) -- Foreign investors bought South Korean stocks last month on demand for blue-chip shares, financial watchdog data showed Tuesday. Foreigners purchased a net 1.27 trill… Read More
The competition for supremacy in the Korean pop (K-Pop) industry has resulted in an ongoing drama. After a heated takeover battle between Hybe Corp., a supporter of popular K-Pop group BTS… Read More
Photo Credit: HYBE
At least three HYBE employees face an investigation for insider trading related to BTS’ hiatus due to members’ mandatory military service.
Three HYBE emplo… Read More
SEOUL, March 9 (Xinhua) -- Foreign investors continued to buy South Korean stocks for the fifth consecutive month last month, financial watchdog data showed Thursday. Foreigners purchased a… Read More
South Korea’s central bank, the Bank of Korea, has been given the green signal to probe crypto firms and operators of virtual assets operating in the country.
This go-ahead will… Read More
Terra’s Co-Founder Do Kwon. Source: a video screenshot, Terra / Youtube Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the st… Read More