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South Korea
South Korean Watchdog Plans Direct Supervision of Crypto Exchanges
A South Korean financial watchdog under the Financial Services Commission aims to more closely supervise exchanges in line with FATF standards.
The City of Seoul Will Create a Cryptocurrency for Citizen Rewards
The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November.
Korea's Shinhan to Offer Blockchain-Based Securities Lending
A new brokerage account in South Korea will let investors lend securities on a blockchain.
South Korea Declares Partial 'Regulation-Free' Zone for Crypto Companies
South Korea will allow the city of Busan to relax some crypto restrictions in order to become a blockchain testbed.
South Korean Financial Overseer Who Banned ICOs Abruptly Quits
During his tenure Chairman Choi Jong-ku took a hard line against ICOs but enacted some favorable policies towards blockchain businesses.
South Korea Estimates 2-Year Losses From Crypto Crimes at $2.3 Billion
Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks.
Someone Is Trying to Trademark 'Samsung Coin.' It's Not Samsung
Someone in South Korea appears to be trying to take advantage of Samsung's blockchain efforts by nabbing the "Samsung Coin" trademark.
Binance Eyes Launch of Crypto Exchange in South Korea
Binance is "working with local partners" on the launch of a branch in South Korea, CEO Changpeng Zhao has reportedly said.
Korean Watchdog Warns of Financial Stability Risk From Facebook's Libra
Facebook's Libra cryptocurrency project threatens the stability of financial systems, according to South Korea's Financial Services Commission.
South Korea's Shinhan Bank Is Cracking Down Harder on Anonymous Crypto Users
The bank plans to make it even harder to create anonymous crypto exchange accounts in South Korea.