South Korea’s Deputy Prime Minister Koo Yun-cheol said Treasury bond yields have risen due to supply pressures and global rate trends, vowing to intensify bond market monitoring and strengthen oversight of virtual asset exchanges amid ongoing external risks.
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Kim Byung-hwan Says Crypto Exchanges Can Bear FSS Supervisory Fees
FSC Chairman Kim Byung-hwan said South Korea's crypto exchanges can absorb new FSS supervisory fees, estimated at 5–6 billion won, under the revised regulatory framework.
Controversy Reignites Over 'One Exchange, One Bank' Principle Ahead of Presidential Election
Controversy resurfaces over 'one exchange, one bank' principle as political parties debate its abolition ahead of presidential election, raising concerns about market monopolization and money laundering risks in virtual asset trading.
Crypto Crisis - WEMIX Faces Second Potential Delisting Decision
WEMIX cryptocurrency faces potential second delisting from Korean exchanges due to hacking incident, as DAXA prepares decision on trading support termination
South Korean virtual asset exchanges compete for corporate clients as regulatory guidelines for institutional trading are anticipated, with major platforms like Upbit and Bithumb launching corporate membership services and partnering with banks to gain market share.
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Virtual Asset Exchanges Compete for Corporate Clients Ahead of Regulatory Guidance
South Korean virtual asset exchanges compete for corporate clients as regulatory guidelines for institutional trading are anticipated, with major platforms like Upbit and Bithumb launching corporate membership services and partnering with banks to gain market share.
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