Live Breaking News & Updates on Eun sung soo

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BNY Mellon downsizing Korea operations

BNY Mellon, one of the oldest US banks, plans to downsize its South Korean operations and withdraw its financial investment business, sources said Dec. 12. It is one of many foreign financial institutions that have lost interest in Asia’s fourth-largest economy in recent years. According to industry sources, Korea’s policymaking Financial Services Commission recently approved BNY Mellon Seoul branch&rsq...

New-york , United-states , Seoul , Soult-ukpyolsi , South-korea , Jeonju , Cholla-bukto , Shanghai , China , Hong-kong , United-kingdom , Paris

Only four exchanges left as South Korea enforces cryptocurrency rules

Only four exchanges left as South Korea enforces cryptocurrency rules
verdict.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from verdict.co.uk Daily Mail and Mail on Sunday newspapers.

China , Beijing , Seoul , Soult-ukpyolsi , South-korea , Lithuania , United-kingdom , El-salvador , Chinese , South-korean , Koh-seung-beom , Nicklas-nilsson

South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules – Regulation Bitcoin News


South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules
Overseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms warning them a registration is mandatory in order to provide services to Korean residents.
Korean Financial Intelligence Unit Notifies Foreign Crypto Exchanges of Registration Obligations
Access to foreign-based cryptocurrency exchanges can be denied and the platforms may face criminal investigations in South Korea if they don’t comply with the country’s new regulations for the sector. One of the key requirements is to register with the Korean anti-money laundering agency, the Financial Intelligence Unit (FIU), by Sept. 24.

Italy , Germany , Japan , South-korea , Poland , Lithuania , South-korean , Korea , Financial-services-commission , National-policy-committee , South-korean-regulators-warn-dozens

FSC looks into possible violations in Jungheung's acquisition of Daewoo E&C

FSC looks into possible violations in Jungheung's acquisition of Daewoo E&C
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

Seoul , Soult-ukpyolsi , South-korea , Korea , Financial-supervisory-commission , Daewoo , Korea-development-bank , Financial-services-commission , National-assembly , Daewoo-engineering , Jungheung-construction

South Korean Regulator Analyzing 578 Cryptocurrencies – Regulation Bitcoin News

South Korean Regulator Analyzing 578 Cryptocurrencies – Regulation Bitcoin News
bitcoin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bitcoin.com Daily Mail and Mail on Sunday newspapers.

Japan , Thailand , South-korea , Cayman-islands , South-korean , Korea , Korean-national-assembly-policy-committee , Financial-services-commission , South-korean-regulator-analyzing , Korea-prepares , Regulate-crypto

South Korea will hit cryptocurrency transactions with a 20% tax starting next year

South Korea will start taxing at 20% capital gains on crypto transactions next year, according to Yonhap News Agency. The gains must be reported when people

South-korea , South-korean , Financial-service-commission , Yonhap-news-agency , Yonhap-news , Eun-sung-soo , South-korea-crypto-tax , Mi-exclusive , Markets , Cryptocurrency , Bitcoin

Korean gov't clarifies crypto regulatory roles of different agencies

The Finance Ministry, Fair Trade Commission and National Tax Services and Korea Customs Service will each be tasked with overseeing specific areas of crypto regulation and supervision.

South-korea , Korea , Korea-customs-service , Fair-trade-commission , Financial-services-commission , Korea-internet-security-agency , National-tax-services , Anti-money-laundering , Eun-sung-soo , Finance-ministry , Korea-financial-intelligence-unit