Tag: South Korea
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South Korea Warns Against Crypto-Heavy ETFs, Names Coinbase and Strategy
South Korea’s Financial Supervisory Service recently gave verbal guidance to domestic asset management firms, urging them to reduce their investments in crypto-related stocks like...
Report: South Korean Authorities Instruct Asset Managers on Coinbase Exposure Limits
A report from The Korea Herald said that South Korea's Financial Supervisory Service (FSS) recently instructed local asset management firms to adjust their exchange-traded...
South Korea advances toward spot Bitcoin ETFs as FSC reviews proposal
Amid comprehensive regulatory reforms, transaction fees at leading crypto exchanges will also undergo evaluation by the Financial Services Commission (FSC).
South Korea’s primary financial authority...
South Korea elects Pro-Crypto lee as president, paving way for Crypto ETFs and KRW stablecoins
South Korea has officially declared Lee Jae-myung, the candidate from the left-leaning party, as its new president on Wednesday. The appointment followed the impeachment...
South Korea imposes tighter Crypto AML and KYC ahead of institutional ban removal
Local crypto exchanges and banks in South Korea are being required to enhance their know-your-customer (KYC) protocols for newly onboarded institutional clients, as the...