Korean Regulators Widen Investigation of Cryptocurrency Exchanges

Regulation South Korea’s government is widening its probe on cryptocurrency exchanges, particularly the use of corporate accounts which the regulators[…]

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System Error at Korean Crypto Exchange Gave Users Free Coins

Exchanges A South Korean cryptocurrency exchange said it suffered an internal system error which affected withdrawals. The exchange claimed that[…]

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New Self-Regulatory Rules for Crypto Exchanges in South Korea Clarified

Regulation The majority of South Korean cryptocurrency exchanges are implementing new self-regulatory rules and performing self-inspection. The industry group in[…]

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20+ South Korean Cryptocurrency Exchanges Voluntarily Undergo Evaluations

Regulation Over twenty cryptocurrency exchanges in South Korea have agreed to undergo evaluations, including the country’s top four exchanges: Upbit,[…]

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South Korean Regulator Supports ‘Normal’ Cryptocurrency Transactions

Regulation The director of the South Korean Financial Supervisory Service has announced that the government will support “normal” transactions of cryptocurrencies.[…]

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South Korea Ends Anonymous Cryptocurrency Trading Today

Regulation The new South Korean cryptocurrency account system has entered into force nationwide today, ending the current practice that allowed[…]

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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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Korean Crypto Exchanges to Share Data with Banks in New Account System This Month

Regulation The South Korean government has announced that six major banks will be ready to provide services to cryptocurrency exchanges[…]

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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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