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 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 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 moreThe number of cryptocurrency exchanges participating in self-regulation has nearly doubled in South Korea. The crypto self-regulation efforts are led by the Korean Blockchain Association which has recently launched with 66 members. The association also
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 moreSouth Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission
Read moreThe South Korean government has for the first time obtained data of the total amount of fiat deposits made at cryptocurrency exchanges. At the end of last year, the amount of deposits was 64
Read moreThe South Korean government has been working on a system to enforce real-name identity verification on cryptocurrency traders. This system is expected to be implemented around January 20, thus ending the current practice which
Read moreBitcoin has definitely made it to the big time in 2017 as mainstream media ran reports and televised debates on the meteoric rise of the world’s number one cryptocurrency. Speculators and observers have put forward
Read moreThe South Korean cryptocurrency market accounts for a relatively small percentage of global Bitcoin trades, but has nonetheless played a crucial role in bringing RIpple’s market capitalization from $40 billion to $88 billion. Ripple was
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