Growing Number of South Korean Crypto Exchanges Participate in Self-Regulation

The 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

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All Major Korean Cryptocurrency Exchanges Fail Privacy Tests – 30 Days to Improve

  The 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

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Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks

  South 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

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Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017

  The 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

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South Korean Exchanges Revise Policies to Comply with Crypto Regulation

  South Korea’s cryptocurrency exchanges have implemented changes to comply with the government’s mandates announced last week. In addition to restricting certain customers from trading cryptocurrencies, the exchanges have stopped issuing new virtual accounts in

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Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea

Kakao’s cryptocurrency exchange Upbit now claims to be the largest crypto exchange by volume in South Korea, one of the top three markets globally. Listing over 120 coins and leveraging Kakao Talk’s massive user base,

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