A South Korean court has ruled that bitcoin has an economic value for the first time. This overturned an earlier court ruling which did not recognize the digital currency. The case involves the confiscation of
Read moreReports from the 대한민국 Republic of South Korea (ROK) indicate its Customs Service announced on Wednesday, 31 January 2018, it has discovered “cryptocurrency crimes” which amount to nearly 600 million USD. Also read: What Is Aeternity?
Read moreThe FUD around the South Korean government’s stance on cryptocurrency trading regulations which started as an outright ban and later mellowed down to finally weeding out anonymous trading seems to be finally over. But what
Read moreFOMO Moments The picture is pretty bleak during this morning’s Asian trading session. South Korea’s blockade of anonymous trading accounts has caused another selloff and a sea of red confronts traders today. It is that
Read moreSouth Korea cryptocurrency exchanges are complaining of unfair treatment as the country’s ban on anonymous trading begins Tuesday. Also read: The leading altcoin of the moment – Neo Banks Favor Big Names According to local news
Read moreIt is safe to say the cryptocurrency situation in South Korea is a lot more complex than most people think. A recent string of regulations has introduced some interesting albeit positive changes to this nascent industry. Moreover,
Read moreThe South Korean Communications Commission has conducted a survey of major cryptocurrency exchanges in the country and found them to have insufficient customer data protection. Eight exchanges have been sanctioned, with 30 days to
Read moreThe South Korean prime minister has ordered a new code of conduct to be prepared and implemented specifically to address the actions of government employees regarding cryptocurrency regulations. This follows the recent case of
Read moreSix major South Korea cryptocurrency exchanges have received fines of around 25 million won ($23,500) for lax security measures which “violated” laws. Also read: South Korean Exchange Korbit Stops Serving International Citizens 6 Of 10 Exchanges
Read moreSouth Korea lawmakers have confirmed cryptocurrency exchanges will become de facto legal January 30 as they enact new laws about anonymity in trading. Also Read: South Korean Exchange Korbit Stops Serving International Citizens 6 Banks On Board
Read more