Korea

NFT is not regulated in Korea

The Financial Services Commission (FSC) in Korea has emphasized that non-fungible tokens (NFTs) are not classified as virtual assets and…

3 years ago

South Korea Confirms NFT Will Not Be Regulated

The Financial Services Commission (FSC) of South Korea issued a public statement today, affirming that NFT is not a virtual…

3 years ago

South Korea MPs have reiterated the need to tax the NFT sector as the government harmonizes on all sides amid…

3 years ago

FSS Korea has moved into crypto, fintech and finance

Although regulators are making it harder for crypto companies in South Korea (FSS Korea), more and more regulators in the…

3 years ago

Crypto is in chaos, but blockchain-based payments and stablecoins are thriving in South Korea

South Korea's cryptocurrency industry may have suffered a severe blow over the weekend as a number of exchanges and wallet…

3 years ago

29 crypto exchanges meet new regulatory standards in South Korea, and 37 more have to close

The deadline for cryptocurrency exchanges and service providers in South Korea to meet the requirements to remain operational under the…

3 years ago

Ripple is scaling transfers between Korea and Thailand via RippleNet

Ripple's footprint within the Asia Pacific (APAC) is rising as Global Money Express Co. LTD (GME Remittance), a Korean non-bank…

3 years ago

Central Bank of Korea – BOK admits that cryptocurrencies are used as investment vehicles

The Central Bank of Korea (BOK) launched a shocking crypto-pleasant report on the position cryptocurrencies might play within the nation's…

3 years ago

FCS Korea Identifies Fake Crypto Exchange Bank Accounts

South Korea's main monetary regulator, the Financial Services Commission (FSC), says it has recognized 14 “fake” crypto-exchange financial institution accounts…

3 years ago

This website uses cookies.