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South Korea’s Biggest Banks Face Inspection into Cryptocurrency Accounts: Report

By Samburaj Das The post South Korea’s Biggest Banks Face Inspection into Cryptocurrency Accounts: Report appeared first on CCN South Korean authorities are reportedly launching inspections into bank accounts related to cryptocurrency exchanges to crack down on money laundering and speculative trading. According to Korean publication Yonhap, South Korea’s Financial Intelligence Unit (KoFIU) and the more »

Regulators Urge Caution as Bitcoin Fever Reaches Alaska

By Josiah Wilmoth The post Regulators Urge Caution as Bitcoin Fever Reaches Alaska appeared first on CCN Bitcoin fever is spreading around the globe at an unprecedented pace, and it has caught the attention of regulators in locales not normally thought of as major tech hubs — including the “Last Frontier.” This week, regulators in more »

Korean Law Firm Appeals Against Govt’s Cryptocurrency Trading Rules

By Lester Coleman The post Korean Law Firm Appeals Against Govt’s Cryptocurrency Trading Rules appeared first on CCN A law firm in Seoul, South Korea has filed an appeal against the government’s new cryptocurrency trading rules. Anguk Law filed the suit which claims regulating trading through administrative guidance has no legal basis and infringes on more »