215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond

Regulation A national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government[…]

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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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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 Clarifies Position After Reports of Possible Ban on All Crypto Transactions

Economy & Regulation South Korea’s top financial regulators have clarified their position following reports by local media that they have[…]

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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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South Korea to Step Up Supervision of Bitcoin Trading After IMF Calls for Reform

Regulation Following a meeting with the International Monetary Fund (IMF), South Korea is pushing for structural reforms which include strengthening[…]

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