Sentences with phrase «korean justice ministry»
Elliott served the South Korean justice ministry a notice of intent in mid-April seeking arbitration of the dispute, the official said, a step before filing with the International Centre for Settlement of Investment Disputes, a forum to resolve such cases.
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Reuters reported comments from Korean Justice Minister Park Sang - ki who said claimed his ministry «is basically preparing a bill to ban cryptocurrency trading through exchanges» following «enough discussion» with a range of government agencies, including the finance ministry.
Bitcoin / code of conduct / controversy / coordination / Criticism / crypto / Cryptocurrencies / crytocurrency / Digital Currency / FSC / insider trading / korea / korean / Lee Nak - yeon / ministry of justice / N - Featured / pm / prime minister / Regulation / South Korea / Standards / trading / Virtual Currencies / virtual currency
Despite sweeping concerns of a ban on domestic cryptocurrency exchanges, proposed by Korea's justice ministry, the Korean government quashed such fears today while confirming wider regulatory moves for the local cryptocurrency ecosystem.
On 11 January, South Korean Justice Minister Park Sang - ki said that the ministry was preparing a decree banning trade in virtual currencies on Korean exchanges.
«The issue of shutting down (cryptocurrency) exchanges, told by the justice minister yesterday, is a proposal by the justice ministry and it needs consultations among ministries,» South Korean Finance Minister Kim Dong - yeon said, according to Yonhap News Agency.
Online news source The Korean Times reported this week «Financial authorities have been talking to the country's tax agency, justice ministry and other relevant government offices about a plan to allow ICOs in Korea when certain conditions are met,» it quoted an anonymous source as insisting.