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government officials employed by South Korea's Financial Supervisory Service (FSC) have been outed for insider trading, according to CCN. Allegedly, these insiders sold bitcoin just before Justice Minister Park Sang-ki warned that cryptocurrency exchanges could be shut down. // -- Discuss and ask ...

WASHINGTON, Jan. 19, 2018 -- Deputy Defense Secretary Patrick M. Shanahan and South Korean Vice Defense Minister Suh Choo-suk met at the Pentagon today and "reaffirmed the ironclad nature of the alliance and the importance of maintaining vigilance and unity in the face of North Korean aggression," Defense ...
On January 18th the chairman of South Korea's Fair Trade Commission Kim Sang-jo stated during a radio show that shutting down cryptocurrency exchanges is not realistic. During the interview, chairman Kim went as far as to say that banning cryptocurrency trading is "not realistic at all," and warned the ...
The past week of confusion and friction over cryptocurrency regulation in South Korea continues to unfold as accusations surface of government officials practicing insider trading, local news source Chosun reports. According to the local reports on Thursday, Jan. 18, some government officials from the ...
Australian Prime Minister Malcolm Turnbull wary of 'reckless' North Korea's offer to enter Winter Olympics with South Korea ... Following a briefing at a defence base outside Tokyo with Japanese Prime Minister Shinzo Abe, Mr Turnbull urged the world to remain "clear-eyed" and to maintain pressure.

South Korea says it will continue high-level talks with North Korea with "clear eyes" amid global warnings that Pyongyang might be playing for time to continue its nuclear-arms programme. "We have to make the most" of the opportunity, South Korean Foreign Minister Kang Kyung-wha told the BBC. The two ...
South Korean Vice Unification Minister Chun Hae-sung, center right, shakes hands with AP. South Korean Vice Unification Minister Chun Hae-sung, center right, shakes hands with the head of North Korean delegation Jon Jong Su during their meeting at Panmunjom in the Demilitarized Zone in Paju, South ...
South Korean Foreign Minister Kang Kyung-wha says its talks with North Korea are a "significant first step toward restoring inter-Korean relations." But Kang says that despite the overtures, North Korea has yet to show any intention to fulfill its obligations on denuclearization of the Korean Peninsula.
Seoul (CNN) North and South Korean Athletes will march together at the Winter Olympics opening ceremony under a unified flag, the South said .... South Korea's Foreign Minister Kang Kyung-wha said the talks were a "significant step" but acknowledged the serious challenges ahead: "Despite these ...
U.S. Secretary of State Rex Tillerson, Japanese Foreign Minister Taro Kono, South Korean Foreign Minister Kang Kyung Wha and Canadian Foreign Minister Chrystia Freeland will join officials from 16 other countries for the meeting on Tuesday. Canada and the United States are jointly hosting the meeting ...
15 (Xinhua) -- Leaders of Mongolia and South Korea on Monday agreed to make more efforts to strengthen bilateral relations between the two countries, ... Mongolian Prime Minister Ukhnaa Hurelsukh and South Korean president Moon Jae-in reached the consensus during their talks at the South Korean ...
South Korea's women's ice hockey team was the first to be singled out for possible integration with North Koreans, with sports Minister Do Jong-hwan saying the government would ask Olympic ... And the South Korean team's first tournament in the Olympics is only three weeks away," the official said.
The high demand from South Korean investors has created what investors call a "kimchi premium," the extra price the South Koreans have to pay to buy digital currencies, sold in South Korea at higher than the average global prices. Last week, the justice minister's remark that the country will ban bitcoin ...
Kuwait strives to benefit from South Korea's audit expertise - official ... SAB has chosen to learn from BAI's audit experience due to the South Korean body's high excellence in construction and environment projects control and audit, and distinctive use of IT system in its actions. Al-Otaibi mentioned that SAB ...
That same day, justice minister Park Sang-ki said that the government was preparing a bill that would ban trading on domestic cryptoasset exchanges. ... 28, the currency lost over $1,000 in value when the South Korean government issued a statement warning "virtual coins cannot play a role as actual ...
A government-appointed panel concluded that South Korea had failed to represent the victims' demands for Japan to take legal responsibility and offer official reparations. Mr. Moon's government said this week it would not renegotiate the deal, but on Tuesday, his foreign minister, Kang Kyung-wha, said the ...

South Korea has a secret agreement to offer military assistance to the United Arab Emirates (UAE) in an emergency, Kim Tae-young, a former South Korean defence minister, said in an interview published by the JoongAng Ilbo newspaper on 9 January. Kim said the agreement consisted of a memorandum ...
South Korea's justice minister said on Thursday that a bill is being prepared to ban all cryptocurrency trading in the country. ... According to industry website CryptoCompare, more than 10 percent of ethereum is traded against the South Korean won -- the second largest concentration in terms of fiat ...
An ex-defense minister for former President Lee Myung-bak has disclosed the existence of a secret military agreement between South Korea and the United Arab Emirates (UAE), according to a report by the JoongAng Ilbo newspaper. The revelation follows growing speculation in South Korea on the ...
Minister for Trade Kim Hyun-chong, who is currently directing negotiations on amendments for the South Korea-US Free Trade Agreement (KORUS FTA), said on Jan. 8 that South Korean would adopt a negotiation principle of "no concessions that would hinder our technology development or hamstring ...
South Korea's foreign minister has said her government "will not demand renegotiation" of a 2015 deal with Japan over wartime sex slavery. ... South Korean Foreign Minister Kang Kyung-wha admitted Tuesday that it was an "undeniable fact" that ousted, and now jailed, President Park Guen-hye had made ...
Tokyo (CNN) Japan's Prime Minister has called the prospect of a nuclear-capable North Korea "absolutely unacceptable" and said the security situation ... On Wednesday a cross-border hotline connecting North and South Korea, which had lain dormant for two years, rang once again, in what has been ...
A hotline between South Korea and North Korea was agreed to as part of a 1972 joint communique between the two nations and went into operation in August that year. The phone and fax lines have been disconnected and reconnected several times since then, depending on the state of relations.
"It might be that the South Koreans are unsure about when the RCEP would finally be signed and implemented. They think that getting larger market access in India through a bilateral treaty is a safer bet," the official added. The items where South Korea wants India to lower or eliminate duties including a ...
FILE - In this Oct. 10, 2017 file photo, Former South Korean president Park Geun-hye, left, arrives to attend a hearing on the extension of her detention at the Seoul Central District Court in Seoul, South Korea. An official says prosecutors have made additional bribery charges against the South Korea's jailed ...
... and South Korea continued their major diplomatic breakthrough by chatting on the phone. North Korea initiated a phone call with its neighbor today (Jan. 4) at around 9:30am local time to check whether the line was working, according to (link in Korean) a South Korean official with the country's unification ...
The new regulations were first announced last week by Hong Nam-ki, the minister of the Office for government Policy Coordination. At the time, he told local news agencies that the government could not let speculation in cryptocurrencies "go on any longer." South Korea will even restrict cryptocurrency ...
His comments came after a South Korean panel concluded that the 2015 treaty failed to meet victims' demands for compensation. In response to the panel's findings, Japanese Foreign Minister Taro Kono warned that any attempt to revise the agreement "would make Japan's ties with South Korea ...
"We hope the two sides sit down for frank talks," Mr. Cho, the unification minister, said at a news conference. If the North responds positively, it will set in motion the first official dialogue between the Koreas in two years. South Korean officials hope the talks will lead to a thaw after years of high tensions ...
The provincial government of Gangwon, in which the games will be held, indicated Wednesday it would provide a cruise ship to North Korea to ferry Athletes to the games, South Korea's Yonhap news agency reported. The vessel would likely be a 20,000-ton cruise with around 390 rooms, able to house a ...
Kim's overture was welcome news for the South Korean government led by liberal President Moon Jae-in, who favours dialogue to ease the North's nuclear threats and wants to use the Olympics as a chance to improve inter-Korean ties. Moon's unification minister, Cho Myoung-gyon, proposed that the two ...
Seoul, South Korea -- Delegations from North and South Korea could meet for the first official discussions between the neighbors since 2015 ahead of the PyeongChang Winter ... South Korean president Moon Jae-in has repeatedly expressed hope that North Korea would participate at the Olympics.
Seoul--South Korea proposed talks with North Korea over its possible involvement in next month's Winter Olympics--and Kim Jong Un's nuclear program--a day after the North Korean leader said Pyongyang would be open to sending a delegation to the Games. South Korean Unification Minister Cho ...
South Korea's finance minister: FX rate should be determined by market. Tue 2 Jan 2018 05:56:50 GMT. Author: Justin Low | Category: News. Author: Justin Low ... Some comments by South Korea's finance minister on the KRW. The currency is continuing where it left off in 2017, as it is the lead gainer in Asia to start the ...
Hong Nam-ki, the minister for government policy coordination, called Korea's interest in cryptocurrencies "abnormal", echoing the disdain of Prime Minister Lee ... This comes after South Korean officials reportedly banned the trade of bitcoin futures in December and drafted emergency measures prohibiting ...
He added that North Korean representatives should start talks with their South Korean counterparts "as soon as possible" to discuss sending a delegation to the 2018 Winter Games. Kim went on to wish South Korea success in hosting the upcoming Olympics and said the event would be a "good chance" to ...
South Korean authorities have seized a Panama-flagged vessel suspected of transferring oil products to North Korea in violation of international sanctions, a customs official said on Sunday. The seizure was the second to be revealed by South Korea within a few days, as the United Nations steps up efforts ...
Japan's concerns about Moon's statement have been communicated by the Foreign Ministry to the South Korean Embassy in Tokyo. The Ministry has made it clear that there is "no other policy option" but to preserve the deal. Abe's decision over whether he will attend the Pyeongchang 2018 Opening ...
The South Korean official said the Hong Kong-flagged tanker was chartered by Taiwanese company Billions Bunker Group and docked in Yeosu on October 11 to load up on Japanese ... The official said South Korea had shared intelligence with the United States in the detection of the illegal transaction.
The Lighthouse Winmore is believed to have transferred about 600 tons of refined petroleum products to the North Korean ship, the Sam Jong 2, in October, a South Korean official says. The ship's 25 crew members will be allowed to leave South Korea after authorities are finished investigating them, the ...
In September, South Korea's financial regulator banned initial coin offerings, a way for start-ups and online projects to raise money by creating and selling their own virtual currencies. government officials, including the prime minister, Lee Nak-yeon, have made no secret of their concerns about investor ...
South Korea has begun a two-day military drill off the islands of Dokdo, as they are known in Korean, which are the subject of an ongoing territorial dispute with Japan, where they are known ... Similar phrasing was used in January to refer to a South Korean official's visit to the islands, as Reuters reported.
Hwang was last seen in public two months ago, South Korean media reported. It is not the first time Hwang has disappeared from the public eye: He vanished for three weeks in December 2015, with South Korea later suggesting that he had traveled to China to have back surgery, as Yonhap reported.
China's foreign minister Wang Yi said Saturday there was still hope for peace on the Korean Peninsula. China has repeatedly called for a de-escalation of tensions on the Korean Peninsula, including a freeze in the North Korean nuclear program in exchange for the halt of United States and South Korean ...
A US 7th Air Force official said the top-of-the-line F-22s are being joined by Air Force and Marine Corps F-35s in the largest concentration of fifth-generation fighter jets ever in South Korea. A senior South Korean Air Force official told CNN on Monday that the war games will include attacks against a mock ...
The ceremony to launch the brigade took place on Friday afternoon, a military official told the news agency. The unit includes 1,000 soldiers belonging to the army's special forces command that would be tasked with neutralizing North Korea's war command. South Korean Defense Minister Song ...
South Korea said Friday that it was holding a Hong Kong-flagged ship and its crew members for allegedly violating U.N. sanctions by transferring oil to a ... in international waters in the East China Sea on Oct. 19, after leaving the South Korean port of Yeosu, a South Korean Foreign Ministry official said.
"Officials share the view that virtual currency trading is overheating irrationally ... and we can no longer overlook this abnormal speculative situation," Hong Nam-ki, thw South Korean minister for government policy co-ordination said. Anonymous accounts currently in use will be closed next month, it added, ...
South Korea has begun a two-day military drill off the islands of Dokdo, as they are known in Korean, which are the subject of an ongoing territorial dispute with Japan, where they are known as Takeshima. The exercise will involve various components of Seoul's forces, such as the navy, the Air Force, the ...


 

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