Auto Added by WPeMatico

Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges

The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5…

Continue ReadingKorean Regulator Takes Action Against 16 Foreign Crypto Exchanges

29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down

The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to…

Continue Reading29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down

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

The 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…

Continue Reading60 Cryptocurrency Exchanges in South Korea to Shut Down All or Some Services This Week

Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid Fines

A South Korean province has seized cryptocurrencies worth over $5 million from 1,661 investors who were more than $12 million in arrears on their fines in total. The seizure followed…

Continue ReadingKorean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid Fines