After a visit by government authorities related to fraud claims in UPbit, the company ran an ‘Internal Audit’ to deny any claims on fraud.
South Korea’s top financial regulator the Financial Services Commission (FSC) joined the ongoing probe into local cryptocurrency exchanges Sunday, May 13.
South Korean prosecutors raided the offices of Upbit, one of the world’s largest cryptocurrency exchanges.
The Bank of Korea has been researching on how to use Cryptocurrency and Blockchain to replace physical money
Bithumb, the leading Crypto-Exchange in South Korea, is set to issue its tokens in Singapore.
According to data published by the Korean Customs Service (KCS) on Wednesday, cryptocurrency mining chips have been added to the current list of items that must meet a certain legal requirement for importation, such as safety and sanitation…
Bithumb which is one of the South Korean biggest cryptocurrency exchange has made publications of the first ever audit report. This report details the financial performance and also many crypto reserves amounting to $6 billion in a total of…
As the need for self-regulation for crypto exchanges in South Korea increases, a local media disclosed that 23 out of the 33 crypto exchanges asked to undergo a review complied, while 10 refused.
Australian cryptocurrency regulator expects all exchanges in the country to have licenses by the end of next month
A total of three banks will be inspected to ensure that they are in compliance with the new crypto regulations which have been laid by the FSC.