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FATF-Driven Delistings Capture the Criminalization of Privacy


The delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial Action Task Force (FATF) issuing new global standards, Korean exchanges Okex and Upbit have announced they will...

Samsung & Other S Korean Companies Make Blockchain, Crypto VC Push


Some of South Korea’s biggest companies are investing in domestic blockchain and cryptocurrency startups – with the Seoul government also looking to get in on the action. Although it may come as no surprise to hear how keen on blockchain the likes of Samsung, Kakao and LG are, all three companies...

OKEx Korea Axes Privacy Coins as South Korean Purge Intensifies


The South Korean branch of cryptocurrency exchange OKEx says it will delist five privacy coins as of October this year, saying they “violate regulatory laws.” The exchange announced that it will delist Monero, Dash, ZCash, Horizen and Super Bitcoin as of October 10, and has set a December...

Delistings: More S Korean Exchanges ‘Clear Out’ Low-performing Cryptos


It seems that a “token clear-out” is getting traction as more South Korean exchanges look to delist under-performing cryptocurrencies. Huobi Korea has become the latest exchange in the country to announce it will implement a new delistings policy. The company says it will assess the tokens it lists...

PR: Hashcube Announces Bitcoin Mining Investment Forum in Thailand


Hashcube, a Korean Bitcoin miner retail and mining company, is proud to present Thailand’s first ever bitcoin mining investment forum on 21st September at the Amari Watergate Bangkok. Together with large players from the crypto-industry such as Bitkub, BTC.com, Coolbitx and Cryptomind, we’re...

SM Entertainment Plans to Introduce its own Cryptocurrency


SM Entertainment is one of Korea’s best pop talent companies, now planning to launch its in house blockchain initiative. The initiative is going to take the form of a native cryptocurrency, given the protests from the shareholders and a plunge in falling stock price. The technology director...

Korean Crypto Exchanges Plan to Adopt FATF Rules for Regulatory Control


Cryptocurrencies are fast emerging as a secured and potential substitute to fiat currency. The high risks associated with the digital currency have put it under the scrutiny of the financial experts. Recently, the chief of South Korea’s reputed cryptocurrency exchange Upbit said that the leading...

‘Regulation, Funding and Uncertainty’ Rock S Korean Blockchain Market


South Korea’s blockchain industry is experiencing teething issues – while only 20% of domestic blockchain-related companies are actually selling anything, per reports. While some of the country’s biggest IT giants and banks forge away with big-name blockchain products and services this year...

Are South Korean Exchanges Preparing a Delistings Purge?


South Korea’s biggest exchanges are looking to slim down their listings – with a slew of delistings possibly on the cards at the country’s “big four” platforms. Per a report from Fn News, Upbit is set to delist the Sphere (SPHR), Edgeless (EDG) and Guppy (GUP) cryptocurrencies, and will likely...

Bithumb Exchange Is Launching Listing Committee for Cryptocurrency


South Korean crypto exchange Bithumb to roll out a new committee in September. The committee will monitor the markets and decide which cryptocurrencies are feasible to trade online As per the reports, the committee came into motion on Aug. 22. This committee will keep a check on the listings of...

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