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South Korea to Impose Heavy Penalty on Cryptocurrency Violations

The Financial Services Commission of Korea (FSC) introduced new penalty standards for cryptocurrency service providers today. The financial regulator is planning to impose heavy...

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Won-Based Stablecoin Ensures Full Collateral and Redemption Rights… Exchanges Expected to...

South Korea’s financial authorities are moving to formalize the framework for won-based stablecoins, introducing key principles focused on full collateralization and guaranteed redemption rights....