Recent indications have emerged that not only private businesses are betting big on the metaverse; authorities around the world have also become piqued with the space. South Korea’s Ministry of ICT, S...
Tag: South
LABEL Foundation Proves That There Is A Light At The End Of The Tunnel For South Korean Crypto Community
Due to rigorous restrictions and high-level supervision from financial watchdogs, obtaining a listing on South Korean exchanges has become tedious and difficult. The local market appears to have come ...
LABEL Foundation Debuts On South Korean Digital Asset Exchange Coinone
LABEL Foundation (LBL) has been listed on South Korean digital asset exchange Coinone. The listing is a huge milestone for the project given that South Korea possesses some of the strictest crypto lis...
Zscaler Reports and the Stock Goes South: Here’s My Plan
On Thursday, a number of cybersecurity software stocks did very well as Russian troops invaded Ukrainian territory and the world braced for an expected upswing in cyber attacks. Sarge-fave Zscaler (ZS...
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...
LABEL Foundation debuts on top digital asset exchange in South Korea
LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson ...
UPDATE: South Jersey Industries shares soar 47% premarket on news of $8.1 billion acquisition by Infrastructure Investments Fund
An earlier version of this report said the IIF is owned by JPMorgan. It is a private vehicle. The article has been corrected. South Jersey Industries Inc. SJI, -1.22% said Thursday it has entered an a...
Increasingly South Korean Crypto To Crypto Exchanges Are Hoping To Make A Profit In Fiat Currency
Although a group of South Korean crypto exchanges may be granted permission to begin crypto-to-fiat trading, perspectives disagree on whether the 23 exchanges presently stuck in crypto-to-crypto limbo...
Crypto ETF to be released by South Korea’s Kookmin Bank
Crypto ETF to be launched for the first time by Kookmin Bank in South Korea The ETF tracks the value of a particular asset or a collection of assets on the exchange South Korea is the global leader o...
South Korean Kookmin Bank to Launch the First Crypto Fund
Kookmin Bank, the largest banking financial institution in South Korea, has announced its plans to launch the nation’s first crypto fund, a move targeted at retail investors. According to the announce...
South Korea’s Kookmin Bank Launching Crypto Investment Product – crypto.news
Kookmin Bank of South Korea has announced that it has now set up a Digital Asset Management Preparatory Committee, ahead of the impending launch of its digital asset investment products. The firm says...
South Korea’s Kookmin Bank to launch crypto investment fund
South Korea’s Kookmin Bank announced on February 21st, that it has formed a Digital Asset Management Preparatory Committee which will look into creating a cryptocurrency ETF for retail investors. The ...
Top South Korean Financial Group Starts Crypto Division
Key Takeaways KB Asset Management group announced the launch of its Digital Asset Management Preparation Committee today. The group will research many different crypto-related products and plans to of...
South Korea’s KB Bank to Offer Crypto Investment Fund
South Korean banks see the future of cryptocurrencies as KB Bank becomes the first lender in the country to consider offering crypto investment products to retail clients. Earlier, another lender in t...
South Korea’s First Crypto Investment Vehicle Will Be Launched By KB Bank
According to the analysis platform MacroTrends, KB Monetary Group, the nation’s largest by web revenue, has around $520 billion in total assets as of September 2021. The bank plans to create cryptocur...
South Korea’s Kookmin Bank to Release Crypto ETFs
One of the leading financial institutions in South Korea – Kookmin Bank (KB) – intends to offer cryptocurrency exchange-traded funds (ETFs) and futures products to retail investors. If successful, it ...
South Korea’s KB bank set to launch a crypto investment fund
TL;DR Breakdown Kookmin Bank of South Korea is working on becoming the first in South Korea to provide crypto investment services to the general public. The bank goal is to create a crypto index fund ...
KB Bank to launch South Korea’s first crypto investment fund
Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors. KB announced on Feb. 21 that it had formed a Digital Asset Management Prepar...
Banxso to Launch in South Africa, Regulated by FSCA
Banxso.com announced the launch of a new South African exchange. The exchange is scheduled to launch on 1 April 2022. Banxso is also planning to to operate in 3 more countries by the end of the year. ...
South Korea’s Bithumb and Upbit Achieve Unicorn Status
South Korea’s two largest crypto exchanges attain unicorn status to take South Korea’s global unicorn ranking to No. 4 South Korea’s Financial Supervisory Service (FSS) will tighten the monitoring of ...
South Korean Crypto Exchange Chief Gets 22 Years in Prison For $1.7B Fraud
The seven executive employees of the South Korean V Global exchange were found guilty on Friday for the crypto fraud of 2 trillion won ($1.7 billion), authorities sentenced them to jail with hefty fin...
Western Union Partners with Travel Wallet for Expansion in South Korea
One of the world’s leading cross-border payment companies, Western Union (WU) has recently announced its expansion in South Korea through a collaboration with Travel Wallet, a financial technology fir...
USD/ZAR forecast ahead of the South Africa inflation data
The USD/ZAR price has been in a bearish trend in the past few weeks as investors focus on the Ukrainian crisis. The pair is trading at 15.11, which is about 7.7% below the highest level in December la...
South Korean University to Present NFT Certificates for Graduates
Sungkyunkwan University (SKKU), a top private university in Suwon, South Korea, seeks to add flavour to its graduation ceremony slotted onFebruary 16, by offering (non-fungible token) NFT certificates...
This South Korean university is going to issue NFT certificates to students
The Sungkyunkwan University of South Korea has announced that it will issue certificates to its three students in Non-fungible token format. The recent announcement was made on 14 February that these ...
South korea jails seven illicit crypto scammers
Crypto scams are also soaring as the entire ecosystem is garnering mainstream attention and adoption. Several scam projects have made many victims lose their hard earned money. However, following the ...