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South Korea is looking into crypto exchanges to offer native coins

The governing agency has taken note of the fact that native cryptocurrencies are the single most important cause that has led to the closure...

16 Foreign Virtual Asset Exchanges to be Blocked in Korea by the Financial Intelligence...

It was found that a large number of foreign virtual asset business operators were doing business for Koreans without properly reporting to the financial...

FIU to Investigate Unregistered Foreign Exchanges in Korea

The Financial Intelligence Unit (FIU) under the Financial Services Commission is monitoring and cracking down on unregistered foreign virtual asset (cryptocurrency) exchanges in Korea. According...

Strong pressure on foreign VASPs is making the domestic cryptocurrency market more chaotic

Financial Services Commission (FSC) "We will actively respond to illegal, unreported operations of foreign VASPs." Since there is a possibility that foreign Virtual Asset Service...

OKEx Korea Will Suspend Its Operation of KRW Market until the Enforcement of the...

OKEx Korea, a cryptocurrency exchange, announced that it would stop the operation of KRW market until the enforcement of the Specific Financial Transaction Information...

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Binance Custody to safekeep Wemade’s WEMIX cryptocurrency

Wemade said in an updated statement: “WEMIX Foundation is in close communication with the team at Binance Institutional Services to complete the onboarding process...