Cryptocoins News / Blockchain - 1 year ago
South Korean financial authorities are investigating OKX, a cryptocurrency exchange, for potentially operating without proper registration, following allegations from the Digital Asset Exchange Association. (Read More)
Bitcoin News / Bitcoinist - 1 year ago
OKX, a major player in the global crypto trading market, is currently facing scrutiny in South Korea. The Digital Asset Exchange Alliance (DAXA), which includes South Korea’s leading 5 crypto exchanges – Upbit, Bithumb, Korbit, Coinone, a...
Bitcoin News / Bitcoinist - 1 year ago
South Korea is set to implement robust measures to safeguard digital asset users and establish “order” in the nascent crypto market. The country’s Financial Services Commission (FSC) has announced the upcoming enforcement of the “Virtual...
Cryptocoins News / Finance Magnates - 1 year 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...
Bitcoin News / Bitcoin.com - 1 year ago
South Korea’s financial watchdog chief is planning to visit the U.S. to discuss crypto regulation with the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, with a focus on the SEC’s recent decision to approve s...
Bitcoin News / Bitcoinist - 1 year ago
In a blow to the South Korean cryptocurrency industry, the CEO of major exchange Bitsonic, Jinwook Shin, has been sentenced to seven years in prison for operating a sophisticated fraudulent scheme totaling 10 billion won, approximately $7.6 million....
Cryptocoins News / Blockchain - 1 year ago
Han Chang-joon, former Terraform Labs CFO, has been extradited to South Korea for charges of financial fraud in the crypto industry, marking a significant international effort to combat digital asset fraud. (Read More)
Bitcoin News / Google News Bitcoin - 1 year ago
Change of Heart: South Korea to Discuss Spot Bitcoin ETFs With US SEC (Report)& & CryptoPotato
Bitcoin News / Bitcoin.com - 1 year ago
Montenegro recently extradited the former Terraform Labs financial officer Han Chang-joon to South Korea where he faces fraud-related charges. According to the Montenegro police, the decision to extradite Han was made by the country’s Justice M...
Bitcoin News / Bitcoinist - 1 year ago
South Korea’s regulator, the Financial Supervisory Service (FSS), has revealed its intent to seek guidance on Bitcoin Spot Exchange-Traded Funds (ETFs) from the United States Securities and Exchange Commission (SEC). FSS Governor To Meet With G...
Bitcoin News / Bitcoinist - 1 year ago
In a major development for the ongoing investigation into the spectacular crash of Terraform Labs and its algorithmic stablecoin TerraUSD, Han Chang-joon, the company’s former chief financial officer, has been extradited to South Korea. This fo...
Cryptocoins News / Finance Magnates - 1 year ago
After months of deliberation, Montenegrin authorities have extradited Han Chang-joon, Terraform Lab's Former Chief Financial Officer, to South Korea, according to a notice by the Government of Montenegro. This move occurred as the US and South Korea...
by COINS NEWS - 1 year ago
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Cryptocoins News / Finance Magnates - 1 year ago
South Korea's Financial Services Commission (FSC) has proposed significant changes to its reporting requirements for virtual asset service providers (VASP) to regulate the employment of executives in the sector. This amendment would mandate the vetti...
Bitcoin News / Google News Bitcoin - 1 year ago
South Korea Regulator Plans to Meet SEC Chair Gensler, Discuss Bitcoin ETFs& & Decrypt
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin ETFs Could Be Coming to South Korea as Regulator Meets Gary Gensler& & Coinpedia Fintech News
Bitcoin News / Google News Bitcoin - 1 year ago
South Korean Regulator to Discuss Spot Bitcoin ETF With U.S. SEC: Report& & CoinDesk
Cryptocoins News / Finance Magnates - 1 year ago
South Korea's Financial Supervisory Service (FSS) is seeking guidance from the United States Securities and Exchange Commission (SEC) on spot Bitcoin exchange-traded funds (ETF).FSS Chief's 2024 Plans: Spotlight on New York and Bitcoin ETFsThe Govern...
Bitcoin News / Bitcoin.com - 1 year ago
On Jan. 30, a South Korean court continued with the trial of a prosecutor who is accused of passing sensitive information on the progress of an investigation to an alleged virtual asset investment fraudster. According to the Gwangju District Prosecut...
Cryptocoins News / Blockchain - 1 year ago
Binance plans to reduce its majority stake in South Korean crypto exchange Gopax to address regulatory compliance issues, following its acquisition in early 2023. (Read More)
Bitcoin News / Google News Bitcoin - 1 year ago
Why South Korea, Singapore, and Thailand are blocking US Bitcoin ETFs in 'unprecedented' move& & DLNews
Cryptocoins News / Blockchain - 1 year ago
South Korea's Presidential Office has urged the Financial Services Commission to reconsider its stance on Bitcoin ETFs, indicating a potential shift in the country's cryptocurrency regulation, following initial warnings against U.S.-based spot Bitcoi...
Cryptocoins News / Finance Magnates - 1 year 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 - 1 year 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...
Bitcoin News / Google News Bitcoin - 1 year ago
South Korea's top office urges FSC to revisit stance on spot Bitcoin ETFs& & Cointelegraph
