Tag: South Korea
Japan’s FX no-show, Meta plunges
By Jamie McGeever(Reuters) - A look at the day ahead in Asian markets.The depreciation of Asian currencies against the U.S. dollar, and the steps mone [...]
Crypto.com Postpones South Korea Launch Following Reports of Money Laundering Probe
“Crypto.com maintains the highest Anti-money Laundering (AML) standards in the industry. We will postpone our launch and take this opportunity to make [...]
Bank of Korea chief watching Middle East tensions for FX, growth outlook reviews
By Howard Schneider and Cynthia KimWASHINGTON (Reuters) - South Korea's central bank chief on Friday said odds for any further policy action to stabil [...]
Widening FX worry, South Korea sets rates
By Jamie McGeever(Reuters) - A look at the day ahead in Asian markets.Monetary policy decisions in South Korea and Singapore, and Chinese trade and In [...]
What’s at Stake for the Crypto Universe
“A close election is a given,” said Abel Seow, the Seoul-based BitGo Asia-Pacific director. “But it’s hard to say whether crypto will be a deciding fa [...]
Upbit Crypto Trading Volume Slumps 75% as South Korea Altcoin Frenzy Eases
"Crypto trading volumes started skyrocketing in early March as a wave of altcoin activity hit the market," Matrixport said in a Telegram broadcast. "T [...]
Analysis-South Korea’s push to make its markets global dogged by FX history
By Cynthia Kim and Yena ParkSEOUL (Reuters) - As South Korea seeks to boost the global profile of its financial markets, the export powerhouse is stru [...]
U.S. Will Appeal Do Kwon’s Extradition to South Korea: Report
The eyes of global authorities, including Interpol, have been on Kwon ever since Terra collapsed in mid-2022. Terra's collapse wiped out billions of d [...]
Terraform Labs’ Do Kwon Can Be Extradited to South Korea, Montenegrin Court Rules: Report
Do Kwon, a co-founder of Terraform Labs, can be extradited to South Korea to face criminal charges concerning the May 2022 collapse of his multibillio [...]
South Korean Province Gyeonggi Uses Digital Tracking to Collect $4.6M From Crypto Tax Evaders
The process involved using the local registration number of violators or delinquents, as they are referred to in South Korea, held by local government [...]
South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections
South Korea’s ruling political party and its opposition party are making poll promises related to crypto ahead of the national elections later this ye [...]
Crypto Crime Could Mean Jail for Life in South Korea
The new consumer protection rules will take effect in July 2024.
www.coindesk.com [...]
Binance Weighs Sale of Stake in South Korean Crypto Exchange GOPAX
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South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards
The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset exch [...]
South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
South Korea's crypto traders were burned by rampant fraud in the digital assets space, prompting the country's regulators to aim at reining in the lar [...]