South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently

Regulation South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent[…]

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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing

Regulation As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are[…]

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South Korean Government Agency Seeks Direct Supervision Over Crypto Exchanges

Regulation The South Korean government is reportedly seeking to bring cryptocurrency exchanges under the direct supervision of the country’s Financial[…]

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US Financial Regulator Requests Crypto Trading Data From South Korea

Regulation The New York State Department of Financial Services has asked two South Korean financial authorities to share cryptocurrency-related data[…]

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South Korea Releases Official Guidelines for Cryptocurrency Exchanges and Banks

Regulation The South Korean government has officially released two sets of previously promised guidelines that specify cryptocurrency regulatory measures. In[…]

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Strict Regulations Force South Korean Banks to Stop Servicing Cryptocurrency Exchanges

Regulation Following the inspections of six major banks this week, South Korean regulators have uncovered some inadequate internal controls for[…]

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Korean Government Starts Inspecting Major Banks for Crypto Regulation Compliance

Regulation The South Korean authorities will start inspecting major banks for their compliance with cryptocurrency regulations on Monday. This move[…]

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South Korea Outlines Proposed Legislation for Cryptocurrency Exchanges

Regulation The South Korean Financial Services Commission is finalizing its proposals to regulate cryptocurrency exchanges. This follows an earlier “Bitcoin[…]

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