Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks

Finance South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to[…]

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South Korean Regulator: In Reality Impossible to Close Cryptocurrency Exchanges

Regulation The South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. “It is impossible[…]

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Despite Regulations, One South Korean Crypto Exchange Rises to the Global Top

Featured Amid regulatory uncertainty, South Korean cryptocurrency exchange Upbit has grown rapidly, offering 121 cryptocurrencies and over 200 trading pairs.[…]

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New Cryptocurrency Exchanges Proliferate in South Korea Despite Regulation

Featured New cryptocurrency exchanges are rushing to launch in South Korea despite regulatory uncertainty due to high demand and lucrative[…]

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South Korean Banks Reverse Decisions on Cryptocurrency Accounts

Regulation South Korean banks have backtracked from their decisions to stop servicing cryptocurrency accounts as crypto investors protested and the[…]

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Korean Regulators Launch Investigations of Bithumb and Coinone Crypto Exchanges

Regulation The South Korean regulators have started investigating two major cryptocurrency exchanges. The country’s National Tax Service has conducted an[…]

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