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Tag Archives: Koreas

South Korea’s Cryptocurrency Fiasco is Fueling a Political Conflict

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The controversial decision of Justice Ministry head Park Sang-ki to release a premature and false statement on a potential cryptocurrency trading ban has fueled a political conflict between the current administration and other opposition parties. Opposition Party Accuses Justice Ministry of Market Manipulation Earlier this week, a ...

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Korea’s Opposition Party Rallies Against Proposed Cryptocurrency Trading Ban

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. As recently reported by CCN, the cryptocurrency market took a hit after the South Korea Ministry of Justice revealed it plans to continue drafting a cryptocurrency trading ban bill. The market soon started to recover, after the South Korea Ministry of Strategy and Finance came forward and ...

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Korea’s Justice Ministry Softens Crypto Exchange Ban Proposal after Backlash

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The South Korean Justice Ministry has backpedaled somewhat on its proposal to brazenly shut down all domestic cryptocurrency exchanges following a public statement by the country’s Presidential Office. Earlier today, South Korea’s Ministry of Justice organized a press conference wherein Justice Minister Park Seng-ki spoke of drawing ...

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No Decision Made on Cryptocurrency Exchange Ban: Korea’s Presidential Office

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The executive office of the President of South Korea has issued a statement on the cryptocurrency trading closure bill currently in draft by the Ministry of Justice with the proposal to shut down all cryptocurrency exchanges in the country. As Korea’s Justice Ministry makes an effort to ...

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South Korea’s Major Cryptocurrency Exchanges Raided by Police, Tax Authorities : litecoin

South Korea’s Major Cryptocurrency Exchanges Raided by Police, Tax Authorities : litecoin this post was submitted on 11 Jan 2018 3 points (100% upvoted) shortlink: subscribeunsubscribe172,221 readers 4,591 users here now Wallets Official Wallet – Litecoin Core – Use bootstrap.dat to sync quickly LoafWallet iOS Official Lite Wallet, Electrum-LTC Official Paper Wallet Generator Litevault – Secure Web Wallet Buy Litecoin ...

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It is Not Possible to Arbitrage South Korea’s Cryptocurrency Premiums

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. In December 2017, several Chinese traders were arrested for various charges including money laundering for taking advantage of the high premium values of cryptocurrencies in the South Korean market. The traders sold millions of dollars worth of bitcoin for profit, given the high premium rate of bitcoin ...

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South Korea’s Biggest Banks Face Inspection into Cryptocurrency Accounts: Report

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. South Korean authorities are reportedly launching inspections into bank accounts related to cryptocurrency exchanges to crack down on money laundering and speculative trading. According to Korean publication Yonhap, South Korea’s Financial Intelligence Unit (KoFIU) and the Financial Supervisory Service (FSS) are jointly inspecting banking accounts provided to ...

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South Korea’s Reported Date to Ban Anonymous Crypto Trading

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The South Korean government will reportedly enforce new rules banning the use of anonymous cryptocurrency trading accounts from January 20h. According to Korean news agency Yonhap, the government is turning up its scrutiny on the burgeoning local cryptocurrency market to curb speculative investments in cryptocurrencies. Citing anonymous ...

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South Korea’s Bitcoin Regulations Premature

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Yoo Byung-joon, business administration professor at Seoul National University, the most prestigious college in South Korea, has stated that the South Korean government introduced premature regulations for the bitcoin and cryptocurrency market. Premature Regulations As CCN reported in December, the South Korean government released various policies to ...

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