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10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline

10 Crypto Exchanges File for Registration With Korean Regulators Ahead of DeadlineCryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted their documents to the Korean anti-money laundering body. Compliance Deadline for New Korean Crypto Regulations Expires Friday Registering with Korea’s Financial Intelligence Unit (FIU) is […]

BTC price all-time high above $94K comes amid Bitcoin sell-off warning

60 Cryptocurrency Exchanges in South Korea to Shut Down All or Some Services This Week

60 Cryptocurrency Exchanges in South Korea to Shut Down All or Some Services This WeekThe deadline for cryptocurrency exchanges and wallet operators to comply with the new regulatory requirements to stay open in South Korea is this week. So far, only one crypto exchange has been licensed to continue operations. About 60 crypto exchanges are expected to either shut down or reduce services. 60 Crypto Exchanges Expected to Shut […]

BTC price all-time high above $94K comes amid Bitcoin sell-off warning

Major Korean Exchanges Secure Real-Name Account Arrangements With Local Banks

Major Korean Exchanges Secure Real-Name Account Arrangements With Local BanksLeading cryptocurrency exchanges in South Korea have reached agreements with Korean banks to maintain the issuance of real-name accounts, media reports revealed. The deals, although not yet permanent, will allow the trading platforms to register with financial authorities before the Sept. 24 compliance deadline. Bithumb, Coinone and Korbit Maintain Partnerships With Korean Banks Banks have […]

BTC price all-time high above $94K comes amid Bitcoin sell-off warning

South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules

South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New RulesOverseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms warning them a registration is mandatory in order to provide services to Korean residents. Korean Financial Intelligence Unit Notifies Foreign […]

BTC price all-time high above $94K comes amid Bitcoin sell-off warning