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South

$44B BTC blunder puts South Korea regulators on alert

$44B BTC blunder puts South Korea regulators on alert

3 weeks ago by Crypto InsightsCrypto

South Korea’s top financial watchdog is stepping up oversight of crypto markets days after a local exchange mistakenly distributed billions of dollars worth of bitcoin to users. The Financial Supervisory Service said Sunday it will launch planned investigations into “high-risk” practices that undermine market order,… Read More

South Korea’s digital asset bill delayed over who can issue stablecoins

South Korea’s digital asset bill delayed over who can issue stablecoins

2 months ago by Crypto InsightsCrypto

South Korea’s long-awaited Digital Asset Basic Act (DABA), a sweeping framework meant to govern crypto trading and issuance in one of Asia’s most active digital asset markets, has been delayed amid disagreements among regulators over stablecoin issuance. The most significant disagreement centers on who should… Read More

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