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Tag: South Korea

South Korean Financial Supervisory Service Tasked With Crypto Market Oversight

May 31, 2021 wp-bot Bitcoin News

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

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Korean gov’t clarifies crypto regulatory roles of different agencies

May 28, 2021 wp-bot Cointelegraph

After some confusion, South Korea’s government has laid out which state and regulatory bodies are charged with the oversight of various aspects of crypto-related activities.

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Korea’s crypto market is among the strongest — and the strangest — in the world

May 25, 2021 wp-bot Cointelegraph

Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy.

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Bank of Korea Seeking Technology to Develop Digital Currency

May 25, 2021 wp-bot Bitcoin News

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

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South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average

May 24, 2021 wp-bot Bitcoin News

As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin

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South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country

May 21, 2021 wp-bot Bitcoin News

Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he

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