All posts tagged "Coinone"
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228AML / KYCKorean Crypto Exchanges Face “Existential Crisis” – Report
Crypto exchanges have until 24 September to partner with banks on real-name accounts as a requirement for a business licence from the FSC.
May 28, 2021 -
1.4KAML / KYC
S. Korea Passes New Regulatory Framework for Crypto Sector
The 'Special Financial Information Law' authorises Korean financial regulators to oversee the crypto industry and develop AML rules in line with the FATF recommendations.
March 11, 2020 -
592EnforcementKorean Court Orders CoinOne to Compensate Hacked Client
South Korean crypto exchange CoinOne has been ordered to repay a client after a hacker who stole his login information was able to withdraw 25mn won over the withdrawal limit.
October 7, 2019 -
745Fintech / RegtechTwo Thirds of Korean Crypto Exchanges Vulnerable to Hacking
Only 7 of 21 crypto exchanges in South Korea passed the government's security audit; the rest are "vulnerable to hacking attacks at all times."
January 14, 2019 -
554AML / KYCSelf-Regulatory Framework Proposed for Korea’s Crypto Exchanges
Framework proposed by Korean Blockchain Association proposes includes $1.8mn minimum equity capital, five year storage of transaction records , ethical charter to prevent insider trading.
April 19, 2018 -
528AML / KYCS.Korea Probes Banks’ Cryptocurrency AML Polices
Financial Services Commission to conduct on-site expectations of three banks with cryptocurrency account relationships.
April 12, 2018
