Business 1 February 2019

South Korea’s ICO ban to stay, regulators say

South Korea will maintain its ban on initial coin offerings (ICOs), following analysis of a survey conducted by the country’s Financial Supervisory Service (FSS), on behalf of Korea’s chief financial regulator

Business 16 May 2018

Upbit audit confirms South Korean exchange did nothing wrong

An audit performed by an outside accounting firm revealed that Upbit, which has been hit with allegations of fraud, has done nothing wrong.

Business 11 May 2018

South Korea’s largest crypto exchange faces fraud investigation

Upbit has been invaded by South Korean investigators following accusations of falsifying balance sheets to deceive investors.

Business 7 May 2018

South Korea’s financial regulator highlights cryptocurrency benefits

Yoon Suk-heun, the new head of South Korea’s Financial Supervisory Service, echoed what many others have stated—better cryptocurrency regulation would be beneficial to the industry.

Business 22 February 2018

South Korea opens arms to ‘normal’ crypto transactions

Besides promoting acceptance of cryptocurrencies, a South Korean official would also like to see banks work closely with crypto exchanges.