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South Korea Approves Its First Cryptocurrency Exchange Upbit

South Korea’s Internet and Security Agency (KISA) awarded Upbit an information security management system (ISMS) license, for its strong infrastructure.  Upbit Becomes First ISMS Licensed Exchange Upbit,...

Fraudulent South Korean Exchange Pure Bit Nabs $2.8M in ICO Exit Scam

A South Korean ICO has defrauded its private sale investors out of roughly 13,500 ETH ($2.8 million) before disappearing from the internet entirely.Pure...

Cryptocurrency Trading Volume in South Korea Soars

After a quiet start to 2018 and a significant contraction in the middle of the year, there is a considerable increase in Korean...

HUOBI Group Sets up Shop in Africa, Middle East and South Asia

Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern,...

South Korea’s Financial Watchdog Warns Investors Over Crypto Funds

South Korea's Financial Services Commission has warned the public to exercise caution when investing in cryptocurrency funds. The FSC issued a note to investors...

Bitcoin’s Price Breaks Through Support As Stocks Go South

Bitcoin (BTC) has dropped out of the tight trading range seen recently, paralleling losses in the U.S. stock markets. The leading cryptocurrency, which was...

South Korea Stands Firm: Won’t Legalize ICOs For Now

South Korea stood its ground on the matter of legalizing initial coin offerings (ICOs), reaffirming the ban that the country instituted last fall. ICO...

South Korean Exchange Bithumb Sells To Singapore Investor For $353 Million

Bithumb, South Korea’s largest cryptocurrency exchange by volume, has sold to a Singapore entity with the aim of releasing new services and stablecoins.  Officials...

South Korea to Decide on ICO Permission in November, Official Says

The South Korean government will make a decision in November on whether it will allow initial coin offerings (ICOs) again in the country,...

South Korea’s Policy Chief Calls for Legalization of ICOs

The chairman of Korea's National Policy Committee has called for the legalization of initial coin offerings (ICOs), provided that a regulatory framework is...
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