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Nalezeno "Korean crypto exchanges": 73

Bithumb Boss: Only 4-7 Korean Crypto Exchanges Will Survive Regulations

15.1.2021
The CEO of Bithumb Korea, the domestic wing of the South Korean market-leading crypto exchange Bithumb, has predicted that after soon-to-promulgate regulations kick in, there will only be between four and seven exchanges left standing. There are currently almost 50 crypto trading platforms in...

South Korean Crypto Exchanges Prepare for Order Book Sharing Shutdown

29.12.2020
Source: Adobe/Андрей К A number of South Korean crypto exchanges are ceasing policies that see them share order books with overseas exchanges in preparation for the promulgation of a new crypto law that comes into force early next year. As reported, a series of amendments to a financial law will...

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

4.11.2020
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...

South Korean Crypto Exchanges Search for ‘Seamless’ AML Solutions

19.9.2020
With just months to go before new legislation comes into force requiring all of South Korea’s crypto exchanges to implement strict anti-money laundering (AML) policies, the race is now on to adopt solutions ahead of time – and avoid falling foul of the law. So which AML solutions are South Korean...

South Korean Crypto Exchanges Ready Compliance Measures as Clock Ticks

19.3.2020
South Korea’s landmark Special Financial Transactions Information Act amendment was promulgated earlier this week, a fortnight after the country’s parliament voted unanimously in its favor. Although many industry players have been galvanized by it, others have warned that its stipulations – which...

New Law May Kill Smaller South Korean Crypto Exchanges + More News

28.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Smaller South Korean exchanges could be forced to close if the government pushes ahead with plans to impose tighter...

Anxious S Korean Crypto Exchanges Prepare for Crunch Talks with Banks

16.1.2020
Source: iStock/ma-no Nervous South Korean cryptocurrency exchanges are preparing to renew their banking deals with domestic banks – with media reports claiming exchanges are feeling “pessimistic.” Per Newsway, the country’s “big four” exchanges, the market-leading Bithumb, Upbit, Coinone...

S Korean Crypto Exchanges Will Struggle to Survive in 2020 – Report

5.12.2019
A number of South Korean cryptocurrency exchanges are set to post “huge” losses this year, per a new report. According to media outlet Newsway, industry insiders believe that most exchanges are “expected to suffer massive losses in FY2019.” The industry fears that nobody is safe, with trading...

Korean Crypto Exchanges Plan to Adopt FATF Rules for Regulatory Control

4.9.2019
Cryptocurrencies are fast emerging as a secured and potential substitute to fiat currency. The high risks associated with the digital currency have put it under the scrutiny of the financial experts. Recently, the chief of South Korea’s reputed cryptocurrency exchange Upbit said that the leading...

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