South Korea targets the first crypto pump-and-dump scheme under its new regulatory framework, with a suspect accused of rapid price manipulation by the FSC and FSS.
South Korea's financial regulators have banned crypto-linked ETFs due to regulatory concerns. This means Bitcoin spot and futures ETFs aren't available, as the Financial Supervisory Service prohibits ETFs investing in businesses tied to cryptocurrency.
The South Korean Financial Supervisory Service is enforcing strict regulations to curtail unfair crypto trading practices, aiming to protect investors and reduce illegal market activities.
South Korea's Financial Supervisory Service will increase cryptocurrency exchange inspections to enhance monitoring and ensure compliance with new rules.
South Korea's Financial Supervisory Service (FSS) initiates a major inspection of cryptocurrency exchanges under new regulations.
South Korea's financial regulator, FSS, will inspect crypto exchanges for illegal practices under the new Virtual Asset Users Protection Act, with severe penalties for violations.
The FSS will inspect crypto exchanges in South Korea for illegal transactions to ensure compliance with regulations.
Bithumb's 4% deposit fee hike has prompted South Korea's Financial Supervisory Service (FSS) to convene an urgent meeting with major crypto exchanges to discuss fees and compliance with recent regulations.
South Korea's FSS summons five leading crypto exchanges over fee hikes following new crypto laws, raising fair competition and user protection concerns.
South Korea's Financial Supervisory Service (FSS) has launched a 24-hour monitoring system to combat fraud in the cryptocurrency market.
South Korea's financial regulator is implementing a crypto monitoring system to combat fraud as part of a new digital asset law aimed at boosting investor protection.
The South Korean Financial Supervisory Service plans to implement a system to monitor unusual crypto trading, potentially delaying global crypto market recovery.
Research by Korean regulators reveals that 70% of cryptocurrency exchanges in South Korea failed to repay investors after closing operations.
South Korea's impending regulation, the 'Best Practices for Compliance with the Virtual Asset User Protection Act', will result in the delisting of multiple cryptocurrencies by early June, as the Financial Supervisory Service drafts self-regulation guidelines for exchanges.
