2021-7-9 23:00 |
A member of South Korea’s National Assembly has stated that the debts of the country’s younger generation saw a massive increase due to investment in cryptocurrency, stocks, and real estate. origin »
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Einstein crypto exchange based in the British Columbia province was recently shut down by the Canadian regulators due to massive debts owed to its clients. According to a press report released on November 4th by the BCSC (British Columbia Securities Commission), the crypto exchange owed its clients as much as $16 million. The regulator had […]
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Hana Bank entered the digital asset custody partnership through a strategic agreement with BitGo. The two companies will reportedly explore joint equity investment for a potential joint venture corporation.
South Korea is doubling down on its efforts to curb North Korea's cyber-funded arms programs. A newly revised bill sets its sights on tracking and freezing North Korean crypto assets, marking a significant advance in the fight against illicit digital financing.
The new reserve requirement will reportedly protect users in case of unforeseen issues such as hacking or system failures. The post South Korean Crypto Exchanges Required to Hold Minimum Reserves Starting September appeared first on BeInCrypto.
The prosecution claims that the scam dates back to January 2019 when the exchange's CEO allegedly started manipulating computer systems to artificially inflate certain cryptocurrencies' prices and trading volume.
South Korea's Financial Services Commission (FSC) will publicly disclose the results of its Financial Intelligence Unit's (FIU) inspections related to anti-money laundering and other investigations, including those involving crypto markets.
South Korea's Financial Services Commission (FSC) has ordered its employees to report their cryptocurrency holdings. The move is part of the country's efforts to regulate the crypto market. The post South Korean Regulator Sets Crypto Reporting Guidelines for Its Employees appeared first on BeInCrypto.
South Korea's National Assembly has passed its first standalone legislation for digital assets, the Virtual Asset User Protection Act, which establishes safeguards for crypto traders and users, and mandates supervision of virtual asset services providers.