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Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit


Kentucky’s finance watchdog has dismissed its lawsuit against Coinbase over the exchange’s staking rewards program, following its peers in Vermont and South Carolina.Kentucky’s Department of Financial Institutions filed the stipulation to dismiss jointly with Coinbase on April...

Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit


Kentucky’s finance watchdog has dismissed its lawsuit against Coinbase over the exchange’s staking rewards program, following its peers in Vermont and South Carolina.Kentucky’s Department of Financial Institutions filed the stipulation to dismiss jointly with Coinbase on April...

South Korean crypto exchange users hit 16M in ‘saturation point’


Crypto exchange users in South Korea have crossed over 16 million after receiving a boost following US President Donald Trump’s election win last November. Data submitted to representative Cha Gyu-geun of the minor opposition Rebuilding Korea Party found over 16 million people had crypto...

South Korean crypto exchange users hit 16M in ‘saturation point’


Crypto exchange users in South Korea have crossed over 16 million after receiving a boost following US President Donald Trump’s election win last November. Data submitted to representative Cha Gyu-geun of the minor opposition Rebuilding Korea Party found over 16 million people had crypto...

FSCA Warns South African Investors to Steer Clear of Unlicensed Crypto Firms


South Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising unrealistic returns of up to $542 per day. Unlicensed Crypto Firms Use Celebrity Names to Promote Offerings South Africa’s...

Coinbase Brings Back Staking After State Scraps Legal Blockade


Coinbase reactivates staking in South Carolina after the state drops its case, marking another major win as regulatory barriers to crypto innovation continue to collapse. Coinbase Resumes Staking in Another State as Legal Resistance Cracks The Securities Division of South Carolina’s Attorney...

Over 400 South Korean officials disclose $9.8M in crypto holdings


South Korea’s Ethics Commission revealed that high-ranking public officials in the country hold an average of 35.1 million won ($24,000) in crypto assets. On March 27, the country’s Ethics Commission for Government Officials reportedly disclosed that more than 20% of the surveyed...

South Korea temporarily lifts Upbit’s 3-month ban on serving new clients


A South Korean court temporarily lifted the partial business suspension on crypto exchange Upbit that had prohibited the trading platform from servicing new clients for three months. On Feb. 25, South Korea’s Financial Intelligence Unit (FIU) sanctioned the exchange, imposing...

Google Play blocks access to 17 unregistered exchanges in South Korea


Google Play implemented access restrictions to 17 unregistered overseas crypto exchanges catering to local users in South Korea at the request of the country’s regulators. On March 21, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission (FSC) said...

South Korea Cracks Down on Unregistered Overseas Crypto Exchanges


South Korean financial authorities are cracking down on unregistered overseas cryptocurrency exchanges targeting Korean users. Enforcing the Specific Financial Information Act South Korean financial authorities are escalating their efforts to regulate the domestic cryptocurrency market by targeting...

South Korea to block non-compliant crypto exchanges


South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of...

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