SEOUL, June 10 (Korea Bizwire) — As South Korea’s new administration moves to position the country as a global hub for digital assets, a majority of Koreans say they plan to increase their investment in cryptocurrencies and related financial products, according to a nationwide survey released Monday. The Korea Chamber of Commerce and Industry (KCCI) [...]
SEOUL, June 4 (Korea Bizwire) — As South Korea prepares to usher in a new administration following the 21st presidential election, the nation’s digital asset industry is poised for a potential regulatory breakthrough, with both leading candidates expressing support for broader integration of blockchain-based financial products into the legal framework. Both Lee Jae-myung and Kim [...]
SEOUL, April 27 (Korea Bizwire) — A new bill has been proposed to allow the inheritance or deletion of digital assets according to a deceased person’s specified method before their death. Digital assets refer to information that users create, send, and store, such as photos and posts uploaded on social media or blogs. Under the [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s financial watchdog said Thursday it has asked law enforcement authorities to investigate 16 foreign digital asset exchange operators for their unreported business activities. Those operators subject to investigation include MEXC, KuCoin, Phemex, XT.com, Bitrue, ZB.com, Bitglobal and CoinW, according to the Financial Intelligence Unit (FIU), an agency [...]
SINGAPORE, Nov. 30 (Korea Bizwire) — Bitdeer Group provides digital asset mining services to individual and institutional clients around the world, and has set up branches in North America, Europe, and other regions. It is committed to convenience, user satisfaction, and reliability, in addition to giving back to the local communities where it operates. Bitdeer [...]
Singapore, Aug. 31 (Korea Bizwire) – AscendEX, a global digital asset trading platform with a comprehensive product suite, is thrilled to announce the listing of the Kava Swap token (SWP) under the pair USDT/SWP on September 1st at 1 p.m. UTC. Kava is focused on democratizing financial services and making them openly accessible to anyone, anywhere in the world. [...]
SINGAPORE, Jan. 14 (Korea Bizwire) – Asia Blockchain and Crypto Association (“ABACA”) is pleased to announce the launch of CEZEX, Asia’s first security token trading platform, by 28 January 2019. CEZEX, the first licensed overseas virtual currency exchange to launch out of Philippines’ Cagayan Economic Zone Authority (“CEZA”), will allow users to trade fiat and [...]
HONG KONG, CHINA, Sept. 17 (Korea Bizwire) – Mars Digital Asset Bank is registered in Colorado, USA. It is the only decentralized bank of its kind in the world. With the mission to facilitate: pledge, quantification, capital allocation, derivatives, asset securitization, remittance, arbitrage and other businesses surrounding digital currency assets. Mars Digital Asset Bank provides [...]