South Korea
Upbit Passes Korea Crypto Race Post, P2P Transactions Surge in India
Upbit was named as the first officially licensed crypto exchange under new Korean regulations. India sees a surge in peer-to-peer transactions amid banking challenges. Cosmos hits an all-time high. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
FTX Hit by Hack Rumor, Korea Updates Crypto Death Note
FTX, Animoca Brands and Litecoin hit by fake news and scams. Korea issues updated crypto exchange death note. China NFT backlash grows. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
South Korea’s Registration Deadline for Crypto Exchanges Could Erase $2.6B in Assets: FT
The shutdown of two-thirds of the country’s smaller exchanges could also eliminate 42 so-called kimchi coins, according to one expert.
Crypto.com Names Former Visa Country Manager to Head South Korea Operations
Patrick Yoon has also worked for Standard Chartered Bank in several countries.
KB Asset Management Launches Blockchain Mutual Fund: Report
The fund will invest predominantly in U.S. companies, with lesser amounts in Japanese, European and Chinese firms.
Bithumb to Mandate ID Verification From Non-Koreans Within the Year: Report
The crypto exchange will prohibit access to its platform for non-Korean nationals who fail to verify their identity by mobile phone.
Red Date, MetaverseSociety Partner to Launch BSN Portal in S. Korea
The portal will be the Blockchain Services Network’s third in the APAC region.
Korea’s Love for Crypto Continues, Crypto Exchange Bilaxy Hacked
Data shows Korean love of crypto remains strong, despite new regulations. China banks release data on e-CNY progress. Hong Kong-based Bilaxy crypto exchange suffers US$21 million hack. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
South Korea’s Top Financial Regulator Is Forming a Dedicated Crypto Bureau
The Crypto Asset Monitoring Bureau will officially launch in September and oversee licensing for exchanges and other operators, among other responsibilities.
Upbit Is First Korean Exchange to Register With Authorities Before September Deadline
Crypto exchanges that don't register by Sept. 24 face being shut down in South Korea.
