Tag: south korea

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Hacked – The Winter Olympics

Hacked – The Winter Olympics

A cyber attack brought internet networks to a standstill during the opening ceremony of the Winter Olympics. The system's failure looked to be a total embarrassment to the organizers. ...
Coinpia Has Its Bank Accounts Frozen

Coinpia Has Its Bank Accounts Frozen

New regulations came into action in South Korea and anonymous trading is long gone. This means that both exchanges and banks have to do more in order to comply with the verification requirements. ...
South Korea Is Not Banning Cryptocurrency Trade

South Korea Is Not Banning Cryptocurrency Trade

After a brief moment of concern for cryptocurrency traders in Asia, South Korea has now elevated fears over a ban. Many feared that Seoul – currently a leading hub in cryptocurrency exchange – would c ...
South Korea Introduces New Crypto Rules

South Korea Introduces New Crypto Rules

Regulators in South Korea plan to solve the problem with cryptocurrency speculation by the help of new rules that come into effect on Tuesday. South Korea`s Financial Services Commission confirmed tha ...
Can South Korea Disrupt The Crypto Market

Can South Korea Disrupt The Crypto Market

The bitcoin prices have been on the decline over the recent past. This decline can be highly blamed on the government of South Korea which is threatening to ban the trading of the cryptocurrency. ...
South Korean Exchanges Lack Security Measures

South Korean Exchanges Lack Security Measures

South Korea may be the biggest cryptocurrency market in the world but government investigations revealed some significant security-related issues. It turned that eight out 10 top exchanges were fined ...
Yet Another Crypto Scandal In  South Korea

Yet Another Crypto Scandal In South Korea

The Financial Supervisory Service (FSC) of South Korea is responsible for supervising and examining different financial institutions. According to its director, Choi Heung Sik there are suspicions tha ...
South Korea Will Penalize Anonymous Accounts

South Korea Will Penalize Anonymous Accounts

In Sunday the South Korean Financial Authorities stated that all cryptocurrency traders who are currently operating anonymously must change to real profiles otherwise they will be penalized. The propo ...
The Instability Of The Cryptocurrency Market Continues

The Instability Of The Cryptocurrency Market Continues

Since last Monday, the cryptocurrency market has been quite unstable, to say the least. With all major and smaller currencies enduring corrections in their prices, it has been quite an intensive week ...
South Korea Bans Cryptocurrency Trade

South Korea Bans Cryptocurrency Trade

On January 10, the South Korean government publicly announced its plans to ban cryptocurrency trading within the country. The action might be taken due to suspicions over markets that evade taxes. ...
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