Coinone Financial News
12.07 / 15:57
Coinone
Southern
wellness
Crypto Exchange
2020
Courts
South Korean Supreme Court Finds Ex-Coinone Execs Guilty of Taking Bribes to List Altcoins
The South Korean Supreme Court has upheld a guilty verdict for a group of former Coinone crypto exchange employees who took bribes to list altcoins on the platform.
19.06 / 04:53
18.06 / 13:11
markets
Coinone
Platform
Crypto regulations
reports
Department
Korean Financial Authorities Address Concerns Over Mass Crypto Delisting
The Financial Supervisory Service (FSS) of Korea has addressed concerns about the rumored mass altcoin delistings , clarifying its limited involvement.
10.04 / 03:43
BLOCK
Coinone
Platform
Crypto Exchange
information
reports
South Korean Regulators Want to Stop Traders Dumping Stolen Coins on Domestic Exchanges
South Korean regulators want to block traders from dumping stolen coins on the country’s crypto exchanges.
05.03 / 03:09
markets
Coinone
Platform
Police
Updates
Investigations
South Korean Crypto Consultancy Firm ‘Duped Elderly Investors out of $7.5m’
South Korean crypto controversy continues as police announced the investigation of a firm linked to a gaming coin.
29.01 / 04:47
BLOCK
Coinone
Trade
social
South Korean Crypto Exchanges Blocked $82m Worth of Romance Scam Transactions in 2023
South Korean crypto exchanges say they blocked over $82 million worth of transactions linked to romance scams last year.
28.12 / 06:52
Ethereum
Coinone
ETF
coinbase
Bitcoin SV
Bitcoin
Korean Traders Drive Bitcoin SV (BSV) Surge, Price Soars by 65% in 24 Hrs
Bitcoin SV (BSV), a cryptocurrency fork of Bitcoin, has experienced a notable surge of 65% within the past 24 hours, with Upbit, South Korea’s largest exchange, emerging as the focal point for trading activity.
24.12 / 23:34
18.12 / 04:03
FIVE
Coinone
Platform
Crypto Exchange
reports
South Korean Crypto Exchanges Scrap for Survival as Upbit Dominance Wanes
A “tectonic rift” is threatening to separate the South Korean crypto exchange Upbit from its rivals, as tensions begin to fray between domestic platforms.
16.12 / 15:07
Target
FIVE
Digital
Coinone
Action
information
reports
South Korea Intensifies Measures Against Unlicensed Crypto Exchanges
South Korean financial officials issued a directive on December 4, 2023, requesting users to report any unregistered cryptocurrency exchanges operating in the area. This directive was made in an effort to control the market. This approach is a reflection of South Korea's continuous attempts to simplify its digital asset market and protect investors from the possible hazards connected with virtual asset exchanges that are not regulated.
09.11 / 00:49
Blockchain
FIVE
Digital
Coinone
Gaming
Wemade
Gaming Giant WeMade’s ‘Controversy-hit’ Token ‘Relisted’ in South Korea
The South Korean gaming behemoth WeMade has scored a success by securing a new domestic crypto exchange listing for its WEMIX coin.
27.10 / 07:43
25.10 / 22:27
Provident
Digital
Coinone
Strategy
Align
Reserve
compensation
South Korean Crypto Exchanges Reveal 'Compensation Reserve Funds'; Upbit Leads with KRW 20 Billion
In light of the significant regulatory strides taken by South Korea in the cryptocurrency domain, the disclosure of 'Compensation Reserve Funds' by domestic crypto exchanges emerges as a resonating move toward bolstering financial safeguards in the burgeoning digital asset market. Leading the pack, Upbit has earmarked KRW 20 billion as a financial buffer, demonstrating adherence to the forthcoming regulatory landscape slated for full implementation in 2024.
27.09 / 06:09
UPS
Coinone
Platform
Southern
Crypto Exchange
show
S Korean Crypto Exchange Exec Jailed for Coin Price Manipulation
A South Korean court has jailed a former senior executive of the crypto trading platform Coinone for taking bribes in exchange for listing altcoins.
31.08 / 06:19
20.03 / 13:41
Provident
Coinone
Southern
Bithumb
Bithumb Exec Suspected of Taking Bribe in Exchange for Token Listing
An official from the South Korean crypto exchange Bithumb is under investigation – on suspicion of taking bribes in exchange for facilitating a coin listing.
17.03 / 15:17
10.03 / 17:33
Provident
Coinone
Platform
Crypto Exchange
S Korean Regulator Launches Crypto Trading Platform Probe – Which Exchanges Are Involved?
South Korea’s top financial regulator, the Financial Services Commission (FSC), has begun a “comprehensive inspection” of the nation’s crypto exchanges.
08.12 / 13:55
Digital
Coinone
Luna
South Korean Gaming Giant WeMade Loses Legal Struggle Against WEMIX Delisting
The South Korean gaming firm WeMade has lost its legal battle against the nation’s biggest crypto exchanges – who have decided to delist its wemix coin (WEMIX).
26.05 / 01:41
Blockchain
FIVE
Coinone
Luna
This is how Terra fiasco is forcing South Korean regulators’ hand
Investors have lost a significant chunk of their savings from the damage caused by the Terra [LUNA] crash. Well, the incident sent shockwaves across the crypto ecosystem, dragging down the entire market. Around $45 billion was wiped off the two tokens’ market cap within a week- for starters.
25.02 / 13:47
Blockchain
Provident
Digital
Coinone
These South Korean crypto firms are warming up to meet the FATF travel rule
South Korean regulatory watchdogs have made stance pretty clear with the new travel rule in place. No, not for COVID. As the regulatory landscape changed in Korea, crypto businesses had to proactively work with regulators to avoid forceful closures. The latest development makes the crypto scene in Korea more transparent.
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