South Korea’s BDACS Launches First Won-Backed Stablecoin Ahead Of Q4 Framework
As the South Korean crypto industry awaits the highly anticipated regulatory framework, digital assets custodian BDACS and financial giant Woori ...
Tag: FSC
Crypto Platforms Hit Hard: South Korea Blocks Lending Services
South Korea’s financial regulator has ordered a stop to all crypto lending on local exchanges, saying the fast-growing products lack ...
South Korea Sees First Institutional Crypto Sale Ahead Of Presidential Election – Details
South Korea saw its first institutional digital assets sale following the start of its ban lift on institutional crypto transactions. ...
Taiwan Outlines Crypto Regulations: Seeks Public Feedback On ‘Virtual Asset Service Act’ Draft
Taiwan’s financial authority has asked the public for input on a draft of its new “Virtual Asser Service Act” outlining ...
South Korea Eyes Sanctions For Unregistered Foreign Crypto Exchanges Operating Illegally
South Korean financial authorities are considering sanctioning and blocking access to multiple overseas crypto exchanges, including BitMEX and KuCoin, for ...
South Korea ‘Speeding Up’ Crypto Efforts: FSC To Issue Institutional Investment Guidelines By Q3
South Korea’s financial authority has announced it will issue clear and comprehensive guidelines for intuitional crypto investment in the coming ...
South Korea Must Approve Crypto ETFs ‘Sooner Than Later’ – Korea Exchange Chief
Korea Exchange chairman Jeong Eun-bo recently pushed for the country's approval of crypto exchange-traded funds (ETFs). Amid the country’s stock ...
Crypto Exchange Upbit Hit With Suspension Notice In South Korea Over KYC Violations
South Korea’s largest crypto exchange, Upbit, has reportedly received a suspension notice from the Financial Services Commission (FSC) for allegedly ...
