South Korea is to Create a Committee to Monitor the Crypto Market
The authorities in South Korea intend to establish a temporary Digital Assets Committee after the collapse of the Terra ecosystem.
Major South Korean Crypto Exchanges Open the Door to Litecoin Delisting
South Korean cryptocurrency exchanges Bithumb and Upbit have issued warnings to users regarding Litecoin.
South Korea Launches Unscheduled Audits of Crypto Exchanges
The authorities of South Korea have started emergency inspections of local cryptocurrency exchanges.
South Korea Discusses Fall of UST and LUNA in Parliament
A parliamentary hearing has been organized in South Korea by a political party against the backdrop of the collapse of the UST and LUNA digital assets.
South Korea to Delay Introduction of Tax on Crypto Traders
Yoon Suk-yeol has recently won the presidential election in South Korea.
BTCC Joins the VerifyVASP Alliance to Level Up Compliance Standards in South Korea
With BTCC becoming a part of the VerifyVASP Alliance, it implies that investors can freely transfer their cryptocurrency between BTCC and other exchanges that meet the regulations of FATF in South Korea.
South Korean Crypto Exchanges Are Obliged to Comply with FATF Recommendations
The South Korean Financial Services Commission (FSC) has notified cryptocurrency companies that they must comply with the FATF “travel rule” from last March 25.
