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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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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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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South Korean Exchanges Revise Policies to Comply with Crypto Regulation

Regulation South Korea’s cryptocurrency exchanges have implemented changes to comply with the government’s mandates announced last week. In addition to[…]

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Korean Authority Slaps Exchanges With Licensing Requirements

Regulation The South Korean government is conducting on-site inspections of crypto exchanges following the release of its emergency measures for[…]

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Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy

Economy & Regulation The South Korean cryptocurrency exchange affiliated with Kakao Talk has recently become the center of regulatory controversy.[…]

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