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Tag: South Korea Financial Services Commission (FSC)

South Korean Ministries ‘Do Not Want’ to Take Charge of Crypto-Related Regulation, Claims Official

May 18, 2021 wp-bot Bitcoin News

The crypto regulation crisis is on fire in South Korea, as politicians have struggled to reach agreements with top government officials to ease rulings. A

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South Korean Banking Association Concerned Over Surge of the Altcoin Trading Frenzy

May 12, 2021 wp-bot Bitcoin News

A banking association in South Korea recently added weight to regulatory discussions across the country, raising concerns about the high altcoin trading volume. The Korea

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South Korean Ruling Party Contemplates Postponing Crypto Tax in a Bid to Regain Younger Votes

May 4, 2021 wp-bot Bitcoin News

South Korean political parties are now battling to catch younger votes amid the tough stance among higher government spheres toward digital currencies. As voters are

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South Korean Ruling Party Contemplates Postponing Crypto Tax in a Bid to Regain Younger Votes

May 4, 2021 wp-bot Bitcoin News

South Korean political parties are now battling to catch younger votes amid the tough stance among higher government spheres toward digital currencies. As voters are

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South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’

April 22, 2021 wp-bot Bitcoin News

The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government.

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South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’

April 10, 2021 wp-bot Bitcoin News

Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the

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Blockchain
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