A regulatory hurricane swept away half of South Korea’s crypto exchanges in 2021. Who are the survivors — and are there larger lessons for the rest of the world?
Articles filed under
FSC – Financial Services Commission
Experts expect more disruption as the crypto industry matures and a younger generation places different values on status and job security.
A lawmaker claims authorities gave the country’s largest crypto exchange privilege in meeting government requirements.
South Korea’s virtual asset industry is expected to withstand major regulatory reconstruction
Around 35 virtual asset exchanges will vanish as of midnight Friday, as the country imposes new rules designed to protect consumers.
The country’s crypto industry has been turned upside down with stricter operating rules that take effect tomorrow.
All but four platforms in South Korea obligated to announce the suspension of their services by today.
Financial authorities reveal an updated list of virtual asset platforms that have complied with new regulations.
24 out of 63 digital currency exchanges in South Korea are not expected to meet new compliance requirements and will most likely be shut down in less than a month.
Binance announces its upcoming launch of an NFT marketplace while South Korean regulator asks staff to disclose personal crypto investments.
Crypto investors in South Korea stir petitions to unseat the nation’s financial watchdog chief for his anti-crypto remarks.
Angered by cryptocurrency tax laws and a government official’s remarks on crypto investing, over 51,000 South Koreans are trying to push back via petitions.