US ETH ETF approval pressures Korean regulators

Unlike their U.S. counterparts, Koreas FSC and FSS have been cautious about allowing crypto trading on traditional securities markets.

View Details

New Digital Assets Bill: South Korean Officials To Impose More Control Over Crypto Exchanges

South Korean officials are bringing out proposed amendments to the Digital Assets Bill in an effort to impose more control over cryptocurrency exchanges.  As reported by News1 Korea that to prevent another FTX disaster, Rep. Yoon Chang-Hyun, a People’s Power party member, drafted a proposal for an amendment that will increase the power of Financial […]

View Details

Korean regulators investigate banks over $6.5B tied to Kimchi premium

South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges.

View Details

South Korean Regulator Plans to Discuss Crypto Rules With US SEC Chair Gary Gensler

South Korea’s financial watchdog chief is planning to visit the U.S. to discuss crypto regulation with the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, with a focus on the SEC’s recent decision to approve spot bitcoin exchange-traded funds (ETFs). He stressed that currently, the impact of SEC policies on the world [...]

The post South Korean Regulator Plans to Discuss Crypto Rules With US SEC Chair Gary Gensler appeared first on Crypto Breaking News.

View Details