South Korean regulators face scrutiny over the Bithumb Bitcoin payout error, with lawmakers blaming delayed crypto legislation and weak oversight for the incident as authorities launch urgent inspections of major exchanges.
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https://en.infomaxai.com/news/articleView.html?idxno=104965
Bithumb Payout Error Spurs Regulatory Accountability Debate—Insistence on Ownership Cap Blamed for Delayed Crypto Law

South Korean regulators face scrutiny over the Bithumb Bitcoin payout error, with lawmakers blaming delayed crypto legislation and weak oversight for the incident as authorities launch urgent inspections of major exchanges.

Yonhap Infomax
FSC Chairman Kim Byung-hwan announces plans for swift preparation of second phase virtual asset legislation, emphasizing alignment with global trends and enhanced market regulations.
#YonhapInfomax #VirtualAssetLegislation #FinancialServicesCommission #MarketRegulations #CorporateParticipation #InvestorProtection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53345
Kim Byung-hwan - 'Will Swiftly Prepare Second Phase of Virtual Asset Legislation'

FSC Chairman Kim Byung-hwan announces plans for swift preparation of second phase virtual asset legislation, emphasizing alignment with global trends and enhanced market regulations.

Yonhap Infomax