The South Korean commercial banking giant Shinhan has become the first bank in the nation to offer crypto account services to a corporate client. ZDNet Korea reported that on April 7, the bank created a corporate fiat KRW account exclusively for cryptoasset transactions to the crypto exchange Korbit…. Read More: South Korean Bank Shinhan…
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South Korean crypto trading platforms are not only offering huge pay packages to prospective new hires – they are also looking to retain their staff by paying them massive Lunar New Year bonuses. As reported, the “big four” crypto trading platforms – Upbit, Bithumb, Korbit, and Coinone – collectively hired over 600 new staffers in…
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South Korea’s biggest crypto exchanges appear to be on an expansion drive – and have hired 620 new staff members this year. Per the media outlet The Fact, the “big four” crypto trading platforms in the nation – Upbit, Bithumb, Korbit and Coinone – have been growing their workforces in 2021. And pay rates…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ____(Updated at 17:19 UTC with a report from CoinShares.)… Read More: El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News Read more »Pay, Trade, Buy Bitcoin with…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ … Read More: AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Leading cryptocurrency exchanges in South Korea have reached agreements with Korean banks to maintain the issuance of real-name accounts, media reports revealed. The deals, although not yet permanent, will allow the trading platforms to register with financial authorities before the Sept. 24 compliance deadline. Bithumb, Coinone and Korbit Maintain Partnerships With Korean Banks Banks have…
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South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb Prepares to Register Under New Rules Foreign nationals who do not…
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The increased trading volume comes following the Financial Services Commission’s requirement that crypto trading platforms register as digital asset service providers before Sept. 24. Crypto users between 30 and 39 years old are the demographic with the most deposits on major exchanges in South Korea. According to a Sunday report from the Yonhap News Agency,…
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South Korea’s Shinhan Bank has invested in a crypto custody service backed by local crypto exchange Korbit. Shinhan Bank, the oldest banking institution in South Korea, continues its efforts to introduce digital-asset custody services with a new investment. According to a Thursday report by news agency Yonhap, Shinhan Bank has invested in Korea Digital Asset Trust,…
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The customer databases of Trezor, Ledger, and Keepkay have allegedly been listed for sale by the perpetrating hacker. The hacker that breached the Ethereum.org forum is allegedly selling the databases for the three most-popular crypto hard wallets — Ledger, Trezor, and KeepKey. The three databases contain the name, address, phone number, and email for more…
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