FSC

Highlights: Upbit faces FSC sanctions for failing to verify over 700,000 customer identities. Regulators warn of heavy fines, possible suspension, or stricter compliance measures. Cryptocurrencies are coming under more scrutiny in South Korea, affecting exchanges and institutional trading policies. The […]

Highlights: South Korea will allow corporate crypto accounts in three phases to ensure market stability. Law enforcement agencies and nonprofits will get access to the corporate crypto accounts first followed by investment firms and listed companies. General corporations may join […]

Highlights: South Korea reports its first virtual asset price manipulation case under the Virtual Asset Act. The suspect profited using a pump-and-dump strategy within 10 minutes. Authorities aim to strengthen market regulations and prevent unfair trading practices. South Korea has […]

Highlights: South Korea has begun the second phase of crypto regulations to protect investors. FSC may soon allow corporate crypto accounts after an extensive review. South Korea has joined other countries in combating North Korean cyberattacks. South Korean regulators have […]

Highlights: South Korea intends to permit corporate investments in crypto to boost market liquidity and innovation. The FSC aims to align crypto rules with global standards and enhance user protection. The new measures will increase corporate stockholding limits and improve […]