korean

Korean Exchanges Delist High-risk Coins as They Face Tough Regulations

<div class=”featured_image_container”> </div> <strong>Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. </strong> South Korean Exchanges Wipe Trading Lists of Risky Digital Assets …

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South Korean Financial Supervisory Service Tasked With Crypto Market Oversight

<div class=”featured_image_container”> </div> <strong>The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. </strong> Financial Supervisory Service Takes Responsibility for Crypto Sector in Korea It took …

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Bank of Korea Seeking Technology to Develop Digital Currency

<div class=”featured_image_container”> </div> <strong>South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic cryptocurrency exchanges. </strong> Central Bank of …

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South Korea to Crack Down on Phishing Websites Attacking Crypto Users

<div class=”featured_image_container”> </div> <strong>South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users. Over 30 sites have been taken down in just three months this year. </strong> Seoul Strengthens Monitoring of Crypto Phishing Scams …

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South Korean Police Officers Banned From Buying Cryptocurrency

<div class=”featured_image_container”> </div> <strong>A recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. </strong> South Korea to Penalize National Police Agency Officers Who Fail to Disclose …

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