Cryptocoins News / Finance Magnates - 2 months ago
The South Korean government has taken decisive
action to safeguard the interests of cryptocurrency investors with the
enactment of the Virtual Asset Users Protection Act, announced by the Financial
Services Commission (FSC) today (Wednesday).Financia...
More / Bitcoin Reddit - 2 months ago
If you think legacy institutions are protecting you and you think they're more competent than you are -- let's say you're considering letting one hold your keys. Please rethink the idea. No one cares more about your assets than you...
Cryptocoins News / Finance Magnates - 3 months ago
The Office of the President of the Republic of Korea is
challenging the Financial Services Commission's (FSC) stance against spot Bitcoin
exchange-traded funds (ETFs). This step arrived about a week
after the FSC cautioned against trading US-based sp...
Cryptocoins News / CoinJournal - 3 months ago
Will South Korea allow spot Bitcoin ETFs? The Financia Services Commission had warned brokerage firms against offering recently listed US spot Bitcoin ETFs.
President’s office urges FSC to reconsider stance, noting possibility if incorporating...
Cryptocoins News / The Cointelegraph - 5 months ago
Discussions around illicit activity, such as money laundering and terror financing, will take center stage at the upcoming House Financial Services Committee hearing....
Bitcoin News / Bitcoinist - 9 months ago
As the world of digital assets continues to evolve at a staggering pace, lawmakers and regulatory bodies are grappling to keep up. In the United States, these efforts have now culminated in a significant push for regulatory clarity in the burgeoning...
Cryptocoins News / The Cointelegraph - 9 months ago
The upcoming FSC meeting aims to provide regulatory clarity for cryptocurrencies, blockchain development, stablecoin payments and the broader digital asset ecosystem....
Cryptocoins News / Blockchain - 9 months ago
According to Newsis on July 13, the People's Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital Market Act to the National Assembly within this month. (...
Cryptocoins News / EthereumWorldNews - 9 months ago
Summary:
Crypto exchange operators in South Africa have until November 30 this year to apply for a license.This forms part of a plan by the country’s Financial Sector Conduct Authority designed to standardize the local industry and mitigate cryp...
by COINS NEWS - 1 year ago
The hearing was announced by House Financial Services Committee chairman Patrick McHenry (NC-10). Not getting my hopes up that this will go the way many might expect, but I do agree with the congressman’s stance as quotes below: “For years, I have...
Cryptocoins News / Blockchain - 1 year ago
Taiwan's top administrative authority, the Legislative Yuan, will regulate cryptocurrencies via the Financial Supervisory Commission (FSC). Chairman Huang Tien-mu declared that the FSC would supervise Taiwan's crypto business, but not NFTs. The FSC s...
Cryptocoins News / The Cointelegraph - 1 year ago
Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest. The Financial Supervisory Commission of...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
The South Korean watchdog updated what assets are considered securities and clarified the regulations governing such tokens.Regulators said the Capital Markets Act would oversee certain types of cryptos as part of a broader effort to st...
Cryptocoins News / The Cointelegraph - 1 year ago
Industry insiders believe South Africa’s move to classify cryptocurrencies as financial products could drive the adoption and legitimacy of the sector. South African f...
Cryptocoins News / The Cointelegraph - 2 years ago
The recent FATF updated guidance made it easy for regulators to pass on issuing new rules for NFTs. The Financial Services Commission (FSC) in South Korea reaffirmed i...
Bitcoin News / Bitcoin.com - 2 years ago
A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might also affect ho...
Bitcoin News / Bitcoin.com - 2 years ago
A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his view...
Cryptocoins News / The Cointelegraph - 2 years ago
Seung-beom Koh said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset.” Seung-beom Koh, a nominee for chairman of...
Cryptocoins Exchanges / Binance - 2 years ago
Hello, I was wondering, with all the issues binance are having currently with Faster payments (UK) and SEPA (eur) withdrawals, in the event of the exchange going down, wouldn't the fiat held in the exchange be FSCS (UK) insured? As far as I know,...