South Korea’s National Assembly pressed Bithumb to accept financial institution-level regulation after a Bitcoin payment error, criticizing its lobbying and calling for stronger internal controls and consumer protection.
#YonhapInfomax #Bithumb #VirtualAssetRegulation #NationalAssembly #ConsumerProtection #InternalControls #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104945
Political Affairs Committee Urges Bithumb to Accept Regulation—“True Apology Is Willingness to Be Regulated”
South Korea’s National Assembly pressed Bithumb to accept financial institution-level regulation after a Bitcoin payment error, criticizing its lobbying and calling for stronger internal controls and consumer protection.
Yonhap Infomax
Coin Liquidation for Schools and Exchanges Allowed from Next Month, Listing Reviews to be Tightened
South Korea's FSC allows coin liquidation for non-profits and exchanges, tightens listing criteria to protect investors from meme coins and market manipulation.
Yonhap InfomaxBank of Korea warns of stablecoins' potential negative impact on monetary policy and financial stability, calls for regulatory framework amid growing virtual asset market and evolving global crypto landscape
#YonhapInfomax #BankOfKorea #Stablecoins #MonetaryPolicy #FinancialStability #VirtualAssetRegulation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=59554
Bank of Korea - Stablecoins Could Negatively Impact Monetary Policy, Financial Stability - Regulation Needed
Bank of Korea warns of stablecoins' potential negative impact on monetary policy and financial stability, calls for regulatory framework amid growing virtual asset market and evolving global crypto landscape
Yonhap Infomax
Dunamu Faces 3-Month Partial Business Suspension, CEO Reprimand for 'Violating Specific Financial Information Act'
Dunamu faces regulatory action including 3-month partial business suspension and CEO reprimand for violating South Korea's Specific Financial Information Act, with FIU citing multiple compliance failures
Yonhap Infomax
U.S. Financial Institutions Rapidly Increase Investment in Bitcoin Spot ETFs as Korean Corporations Just Begin
U.S. financial institutions rapidly increase Bitcoin spot ETF investments as South Korea begins allowing corporate participation in virtual asset markets, signaling potential global trend.
Yonhap Infomax
Kim So-young - 'We Will Restrict Corporate Investment-Eligible Cryptocurrencies... ETFs Need Further Consideration'
FSC to allow limited corporate crypto trading, starting with cash-out accounts for some firms, while planning restrictions on tradable assets for exchanges and institutional investors
Yonhap Infomax