Leaders of South Korean Crypto Exchange Komid Jailed for Faking Volume: Local Media

Two leaders of South Korean cryptocurrency exchange Komid were reportedly sentenced to serve jail time for faking exchange volumes. Two leaders of the South Korean cryptocurrency exchange Komid were reportedly sentenced to serve jail time for faking exchange volumes, Korean crypto media outlet blockinpress reports on Jan. 18. The exchange’s CEO, surnamed Choi, received a […]

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South Korea Government Approves Seven out of 21 Cryptocurrency Exchanges’ Security Policy

Of a total of 21 exchanges, the majority still had notable problems meeting South Korean authorities’ 85 security criteria. Some of South Korea’s biggest cryptocurrency exchanges have passed a government security audit, but the majority could be exposed to attacks, local tech news outlet ZDNet reported on Jan 10. Bithumb, Coinone and Korbit, in addition […]

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Daily Traded Volume on Huobi’s Crypto Derivatives Platform Breaks $1 Billion

Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market has broken past $1 billion. Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market (DM) has broken past $1 billion, according to a press release shared with Cointelegraph on Dec. 27. Huobi Global — which operates the world’s third-largest largest crypto spot […]

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South Korea Regulators Indict Three Upbit Employees for Alleged Trade Volume Manipulation

Three figures at Upbit and owner Dunamu are under investigation after South Korea’s financial regulator complained to authorities. South Korea’s largest cryptocurrency exchange Upbit has denied accusations it had manipulated its order book after regulators indicted three of its staff, local English-language news outlet The Korea Times reported 21. Upbit, which is owned by developer […]

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South Korean National Assembly Holds Regulation Debate With Local Crypto Exchanges

Major Korean crypto exchanges have arranged a crypto regulation debate in the National Assembly, discussing Anti-Money Laundering policies and customer protection. South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10. According to local business outlet Financial […]

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