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South Korea To Ban Crypto Exchanges From Handling Privacy Coins


South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...

‘Arbitrary’ Ruling May ‘Force South Korean Crypto Exchanges to Close’


South Korean crypto-related firms said they are concerned that banks are being given too much power by the country’s financial regulators. In the latest regulatory rulings unveiled this week, regulators stated that banks would be obliged to decide whether or not they want to do business with crypto...

Hong Kong Amends Crypto Law to Regulate All Exchanges


Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong. Hong Kong’s New Crypto Regulation The CEO of the SFC, Ashley Alder, talked about...

Binance Shoots Itself In The Foot Amid Regulatory Scrutiny On Exchanges


Binance CEO Changpeng Zhao (in the middle of the picture). Source: a screenshot, Instagram/binance Major crypto exchange Binance and its executives might've shot themselves in the foot, learning the news media lesson the hard way at a bad time. Yesterday, Forbes reported that Binance...

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