Bithumb, a leading South Korean crypto exchange, mistakenly distributed 620,000 Bitcoin ($46 billion) during a customer event but has recovered over 99% of the assets, with financial regulators launching an on-site inspection.
#YonhapInfomax #Bithumb #Bitcoin #AssetRecovery #FinancialAuthorities #CustomerEvent #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104403
Bithumb Recovers 99% of 620,000 Bitcoin ($46 Billion) Mistakenly Distributed in Customer Event
Bithumb, a leading South Korean crypto exchange, mistakenly distributed 620,000 Bitcoin ($46 billion) during a customer event but has recovered over 99% of the assets, with financial regulators launching an on-site inspection.
South Korean insurers are overhauling CEO succession procedures and strengthening governance frameworks, with best practice guidelines set for pilot implementation from Q1 to enhance transparency and board oversight.
#YonhapInfomax #Insurers #CEOSuccession #CorporateGovernance #MiraeAssetLifeInsurance #FinancialAuthorities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=98260
Insurers Overhaul CEO Succession Procedures—Best Practice Guidelines to Be Piloted from Q1
South Korean insurers are overhauling CEO succession procedures and strengthening governance frameworks, with best practice guidelines set for pilot implementation from Q1 to enhance transparency and board oversight.
Eugene Investment & Securities Ends US Stock 'Zero Commission' Promotion Early
Eugene Investment & Securities Co. has ended its US stock zero-commission event early, as South Korean regulators urge brokerages to scale back overseas stock promotions amid won-dollar volatility.
[Chang Houn Han's Reflections] The Risks of Expert Groups
South Korea's real estate experts face criticism for fueling market anxiety and undermining government housing policies, highlighting the need for balanced, accountable commentary.
MG Non-Life Insurance to Be Put Up for Sale Again as Regulators and Union Reach Tentative Agreement
MG Non-Life Insurance will be put up for sale again after South Korean regulators, the union, and KDIC reached a tentative agreement, prioritizing a resale over liquidation.
The National Policy Planning Committee, under the Lee Jae-myung administration, has launched a task force led by Park Hong-geun to spearhead a sweeping government reorganization, focusing on decentralizing key ministries and financial authorities.
#YonhapInfomax #GovernmentReorganization #NationalPolicyPlanningCommittee #ParkHongGeun #LeeJaeMyungAdministration #FinancialAuthorities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=68139
'Major Overhaul of Government Ministries' – National Policy Planning Committee's Organizational Reform Task Force to Be Led by Park Hong-geun
The National Policy Planning Committee, under the Lee Jae-myung administration, has launched a task force led by Park Hong-geun to spearhead a sweeping government reorganization, focusing on decentralizing key ministries and financial authorities.
Savings Banks' PF Normalization Fund Attracts Over 1 Trillion Won - Banks and Insurers Also Contribute
Savings banks' 4th PF normalization fund attracts over 1 trillion won, with banks and insurers contributing, accelerating non-performing PF resolution efforts
Shinhan Securities' ETN Listing Blocked Due to 'LP Incident' - Financial Authorities - 'Internal Controls Must Be Strengthened'
Financial authorities block Shinhan Securities' ETN listings following 130 billion won LP incident, demanding strengthened internal controls before resuming new product launches
Authorities - 'MG Non-Life Insurance Management Council to be Formed as Planned' - Union Warns of General Strike
MG Non-Life Insurance faces potential general strike as authorities proceed with contract transfer plan, raising concerns about disruption to financial resolution strategy.
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