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koreacrypto (22)in #korea • 7 years ago
South Korea Finance Minister said that cryptocurrencies are Necessary For Blockchains to Operate
He also stated this, “The Finance Ministry has no plans or intentions to eliminate or prohibit cryptocurrencies. Blockchain technology is an important technological breakthrough…
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koreacrypto (22)in #korea • 7 years ago
South Korea’s IT giants invest in cryptocurrency exchanges
Even under the tough crackdown of South Korea’s government , big IT companies here are starting to invest in cryptocurrency exchange platforms. Joining Kakao and Nexon, NHN…
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koreacrypto (22)in #korea • 7 years ago
The police has raided on Bithumb, the biggest crypto exchange in South Korea for the investigation of hacking attacks from last year
The police has raided on Bithumb, the biggest crypto exchange in South Korea for the investigation of hacking attacks from last year. The focus of the investigation is that…
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koreacrypto (22)in #korea • 7 years ago
Line messenger to Launch Cryptocurrency trade & payment platform
LINE corps., the Japanese messenger company of NHN(Naver, the biggest IT platform company in South Korea) has announced the launch of a new company that will provide a platform…
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koreacrypto (22)in #korea • 7 years ago
South Korea is not gonna ban Crypto trading
Kim Dong-yeon, Minister of finance has announced today that ‘we are not gonna ban or suppress crypto trading’. And he said that government is planning to regulate it properly.…
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koreacrypto (22)in #korea • 7 years ago
South Korea spotted $600M illegal forex transactions
The Korea Customs Service detected $600M illegal forex transactions using cryptocurrencies on Jan. 31. One of them is an around $443M transaction between South Korea and…
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koreacrypto (22)in #korea • 7 years ago
South Korean court ordered confiscation of BTC worth $2.3m earned from pornography contents
This is the first time a Korean court has recognized cryptocurrencies as a means of profit or an asset, and therefore subject to confiscation. Now South Korean government is…
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koreacrypto (22)in #korea • 7 years ago
South Korea is considering admitting cryptocurrency as a legitimate financial product for tax revenue
South Korean government is considering taxation on cryptocurrency. It is not certain whether it will be in the form of transfer income tax, additional tax or others, so we’re…
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koreacrypto (22)in #korea • 7 years ago
Now a big South Korean e-commerce company is goann accept crypto
South Korean e-commerce company WeMakePrice is working to accept cryptocurrencies like bitcoin as one of its payment options, which is the first attempt by a major online…
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koreacrypto (22)in #korea • 7 years ago
Now Korean crypto exchanges cannot advertise without implementing real-name trading system
South Korea began a real-name trading system for cryptocurrencies Tuesday, banning the use of anonymous bank accounts in transactions to prevent virtual coins from being used for…
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koreacrypto (22)in #korea • 7 years ago
Korean investors remains unsured ahead of real-name crypto coin trading
As you might know, people have been traded through virtual accounts by banks in South Korea. But, the South Korean government are making some regulations to curb speculative…
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Koreacrypto (22)