Tag: Korea

Chinese Government Officials Targeted With Ransomware, North Korea Suspected

Chinese Government Officials Targeted With Ransomware, North Korea Suspected A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government […]

UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges

UN Panel: North Korea Hacked 1M From Asian Crypto Exchanges The U.N. Security Council has heard that North Korea uses cyberattacks and blockchain technology to evade economic sanctions and obtain foreign currency. Through hacking, the reclusive Republic has raked in around $ 670 million in foreign exchange and cryptocurrency, a […]

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market An official at South Korea’s sole securities exchange operator, the Korea Exchange, says the bourse is closely eyeing developments from U.S. regulators in regard to crypto ETFs Cointelegraph.com News

South Korea Updates ICO Stance After 3-Month Investigation

South Korea Updates ICO Stance After 3-Month Investigation The South Korean government has updated its stance on initial coin offerings (ICOs) as well as announced the results of its 3-month investigation of ICO activities carried out by Korean companies. The government found that many companies have bypassed its ICO ban […]

South Korea Ends Year With 6 Bills to Regulate Crypto Industry

South Korea Ends Year With 6 Bills to Regulate Crypto Industry South Korea’s top financial regulator has exclusively shared with news.Bitcoin.com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and to ensure the […]

7 Major Exchanges in Korea Agree on Joint Measures

7 Major Exchanges in Korea Agree on Joint Measures Seven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions. Meanwhile, the Korean government is working on institutionalizing crypto […]

Report: South Korea to Push for Major Adoption of Cryptocurrencies

Report: South Korea to Push for Major Adoption of Cryptocurrencies South Korea will push for major cryptocurrency adoption, claims a new report, strengthening the spotlight on the tech hub which forms one of the most crypto-friendly countries in the world.  Also read: Korean Incoming Minister Confirms Crypto Taxation Plans South Korea’s […]