Upbit must respond to the FSC’s suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months.
Read moreCorporate crypto investments in South Korea inch closer to approval
South Korean regulators reportedly continue to discuss the approval of corporate crypto trading amid the country’s ongoing leadership crisis.
Read moreSouth Korea's strict laws on crypto exchanges come into force
The new regulations issued by South Korea’s watchdog to protect user assets on crypto exchanges went into effect on July 19.
Read moreEnforcement of South Korean virtual assets law prescribed in decree
The details of enforcing the Protection of Virtual Asset Users Act are not contained in the bill, which comes into force July 19.
Read moreNew South Korean leadership will press for BTC ETF trading
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another.
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Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset
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