More / Etherum Reddit - 2 years ago
On Monday, the South Korea’s Financial Services Commission (FSC) issued guidance on the regulation of security tokens and their issuance. The Financial Services Commission, formerly Financial Supervisory Commission, is the South Korean government’s...
Cryptocoins News / EthereumWorldNews - 2 years 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 - 2 years ago
Digital assets that fit the descriptions for security tokens will be regulated under the country’s Capital Markets Act. South Korea established guidance that specifie...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Binance, the world’s largest cryptocurrency exchange, has injected
capital into the distressed South Korean crypto exchange, GOPAX, two years after it
shut down its affiliate firm in the country due to low patronage. </p><p>Bloom...
Bitcoin News / Bitcoinist - 2 years ago
The world’s largest cryptocurrency exchange, Binance, has always been used to making it to the headline most times for its new acquisition. Today’s news is no different as Binance is set to return to South Korea’s crypto market, given its stake in th...
Cryptocoins News / The Cointelegraph - 2 years ago
With the new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi. Major cryptocurrency exchange Binance is comi...
Cryptocoins News / The Cointelegraph - 2 years ago
The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested. The suspected real owner of South Korea’s largest crypto exchange,...
Bitcoin News / Bitcoinist - 2 years ago
The South Korean Ministry of Justice disclosed intentions to create a crypto tracking system to combat the flow of dirty money and other related financial transactions and to reclaim cash associated with criminal conduct.
Recently, the country’...
Cryptocoins News / The Cointelegraph - 2 years ago
The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance....
Cryptocoins News / The Cointelegraph - 2 years ago
One of the country’s largest crypto exchanges has fallen under investigators’ scrutiny over allegations of embezzlement by company executives. According to local news...
Bitcoin News / Bitcoin.com - 2 years ago
South Korea’s financial regulator is developing new tools to regularly monitor crypto risks. The regulator warned that while the impact of the crypto market on the traditional financial system is still low, the risks posed by crypto to the coun...
Cryptocoins News / The Cointelegraph - 2 years ago
A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange. The ongoing s...
Bitcoin News / Bitcoin.com - 2 years ago
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated...
Cryptocoins News / The Cointelegraph - 2 years ago
The South Korean National Tax Service agency launches an investigation into Bithumb, according to local reports. South Korea-based cryptocurrency exchange Bithumb is u...