South Korea's Financial Services Commission is pushing for stricter governance and ownership limits on virtual asset exchanges, emphasizing their role as public infrastructure amid ongoing legislative delays and industry pushback.
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#FinancialServicesCommission #VirtualAssetExchange #DigitalAssetBasicAct #OwnershipLimit #Governance
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102448
Lee Ok-won Says 'Virtual Asset Exchanges Are Public Infrastructure—Governance Must Match Their Status'

South Korea's Financial Services Commission is pushing for stricter governance and ownership limits on virtual asset exchanges, emphasizing their role as public infrastructure amid ongoing legislative delays and industry pushback.

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Bithumb, a major virtual asset exchange, announces plans for corporate split to enhance focus on exchange operations and new business ventures, with a 56:44 split ratio set for July 31.
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https://en.infomaxai.com/news/articleView.html?idxno=59659
Bithumb Intensifies Two-Track Strategy for Exchange and New Business - Relaunches Corporate Split

Bithumb, a major virtual asset exchange, announces plans for corporate split to enhance focus on exchange operations and new business ventures, with a 56:44 split ratio set for July 31.

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Woori Bank intensifies efforts to partner with Upbit for real-name accounts, driven by concerns over K-Bank's future and potential market shifts in virtual asset trading.
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https://en.infomaxai.com/news/articleView.html?idxno=57859
Woori Bank Accelerates Partnership with Upbit - Concerns over K-Bank's Competitiveness?

Woori Bank intensifies efforts to partner with Upbit for real-name accounts, driven by concerns over K-Bank's future and potential market shifts in virtual asset trading.

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South Korea's financial regulator imposes 3-month partial business suspension on Upbit operator Dunamu for compliance violations, affecting new user services
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https://en.infomaxai.com/news/articleView.html?idxno=52070
Upbit Faces Partial 3-Month Business Suspension; Dunamu Pledges to Address Regulatory Concerns

South Korea's financial regulator imposes 3-month partial business suspension on Upbit operator Dunamu for compliance violations, affecting new user services

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Coinone appoints COO Sung-hyun Lee as co-CEO to enhance competitiveness and adapt to virtual asset market changes, implementing a dual leadership structure
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https://en.infomaxai.com/news/articleView.html?idxno=51072
Coinone Appoints COO Sung-hyun Lee as Co-CEO to 'Respond to Market Changes'

Coinone appoints COO Sung-hyun Lee as co-CEO to enhance competitiveness and adapt to virtual asset market changes, implementing a dual leadership structure

Yonhap Infomax