Category: prime minister

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South Korea Considers Bitlicense-Style System for Cryptocurrency Exchanges

The South Korean government is considering introducing an approval system for cryptocurrency exchanges based on the Bitlicense model, developed by the New York State Department of Financial Services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without...

Korean Prime Minister: Closing Down Crypto Exchanges ‘Not a Serious Consideration’

The South Korean prime minister has emphasized that closing down cryptocurrency exchanges is not a serious consideration. His statement clears up any remaining confusion in the market regarding whether the Korean regulators are still considering this option. Also...

Russia Urges 4 Other Countries to Develop Common Approach to Cryptocurrencies

The Russian Prime Minister Dmitry Medvedev has asked the leaders of the Eurasian Economic Union countries to jointly develop a common approach to cryptocurrencies. Both the Russian central bank and the prime minister believe that cryptocurrencies should not...

South Korean Prime Minister Imposes Crypto Code of Conduct on Government Officials

The South Korean prime minister has ordered a new code of conduct to be prepared and implemented specifically to address the actions of government employees regarding cryptocurrency regulations. This follows the recent case of possible insider trading which...