Crypto News Today
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South Korean organizers asked Google to prevent access to 17 encryption exchanges. The affected exchanges include Kucoin, Mexc, PhenEx, Coinex, Poloneix and more. “The Financial Intelligence Unit (FIU) has identified the non-reported companies abroad (16 companies in 2022, 6 companies in 2023) and provide instructions to provide reporting companies to refrain from doing business with … Read more
The Financial Intelligence Unit (FIU) in South Korea, which falls within the framework of the Financial Services Committee (FSC), has started enforcement procedures against many encrypted currency exchanges, including Kucoin and Bitmex, to work in the country without registration as virtual asset services provider (VASPS) under South Korea’s financial information law. According to local media … Read more
Korea Bank stated that it is close to the idea of including Bitcoin in foreign exchange reserves cautiouslyQuoting concerns about extreme price fluctuations in the encrypted currency. In 16 March 2025 In response to a written investigation, Central Bank officials confirmed that they had not discussed and did not review the possibility of adding bitcoin … Read more
South Korea Financial Services Committee (FSC) Declare Plans to issue comprehensive guidelines to invest in institutional coded currency by the third quarter of 2025. FSC revealed a road map during a meeting with local encryption experts on Wednesday, March 12, 2025. South Korea to issue institutions #Crypto Investment instructions by Q3 The Financial Services Committee … Read more
The encryption rules can change in South Korea, as the government plans to lift the car encryption trade ban, which paves the way for Korean capital. South Korea has made a major political transformation. On February 13, 2025, the country announced that it lifted the long encryption trade. This decision has made now possible for … Read more
South Korea Chairman Young Yun OPPO believes that South Korea should provide trading boxes in encryption exchanges to remain relevant in the global digital financial scene. In an interview with him recently with the local Korean media on February 9, 2025, Jong indicated that global digital markets had already adopted the circulating investment funds. If … Read more
Alchemy Pay has acquired a financial financial registration in South Korea. On February 5, 2025, the bid of alchemy open Its strategic expansion in Korea is in line with its mission to expand encryption services all over the world. Commenting on the development, Ailona Tsik, CMO of Alchemy Pay, said, “As a central center in … Read more
South Korea plans to explore exchange-traded funds (ETFs) and allow companies to issue security tokens in 2025. according to Local media reportsThe South Korean government is reportedly considering introducing cryptocurrency ETFs. In addition to cryptocurrency ETFs, South Korea is preparing to enable companies to issue security tokens starting in 2025. Related: Cryptocurrency trading in South … Read more
On December 15, 2024, in an interview with local media, Jeong Eun-bo, chairman of the South Korean Stock Exchange, urgently called for the institutionalization of the cryptocurrency market. “We must quickly institutionalize the virtual currency market and work to create new added value,” the President said. His remarks come amid concerns that the nation may … Read more