Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation

Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing...

Regulatory Roundup: Crypto Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures

In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging...

India Lifts Crypto Ban, South Korea Imposes New Rules and the US Remains Stagnant

The latest cryptocurrency regulations in Asia are wins for Bitcoin adoption but come at the cost of privacy. South Korea is tightening cryptocurrency regulations...

South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards

South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be...

Bitcoin Recognized as Money by French Court

The Commercial Court of Nanterre in France has issued a ruling recognizing Bitcoin (BTC) as currency — a development that could have significant implications...

New Amendment: South Korean Legislators Aim Crypto for the Mainstream

If a new amendment put forth in South Korea’s legislature is approved by the country’s president, the regulatory environment around cryptocurrencies in the Asian...

Why Bitcoin Mining Might Be the New Business Model for US Power Plants

South Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain?

South Korean Lawmakers Greenlight Strict Crypto AML Bill

South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering...

Major New Partnership Set to Spur Litecoin Adoption

Litecoin will be coming thousands of regular cash machines in South Korea. The Litecoin Foundation has just partnered with MeconCash, allowing ATM users to...

South Korea Considers 20% Crypto Income Tax

Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal.

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