Blockchain & crypto news from India
On July 4th, the Financial Supervisory Service (FSS) of South Korea unveiled a new “continuous monitoring system” designed to diligently oversee and detect suspicious cryptocurrency transactions taking place on exchanges. This system is a collaborative effort between the FSS and South Korean digital asset exchanges and is designed to provide ongoing surveillance of abnormal transactions….
According to a research report published on April 15, the South Korean won has emerged as the world’s most-traded fiat currency against cryptocurrencies in the first quarter of 2024. The report reveals that the won accounted for a whopping $456 billion worth of trading volume on centralized crypto exchanges, surpassing the trading volume of $455…
The financial authorities in South Korea have announced their intention to introduce new guidelines that aim to impose stricter regulations for token listings on centralized cryptocurrency exchanges. These guidelines are expected to be unveiled by the end of April or the beginning of May, and are aimed at ensuring a safer and more secure environment…
In an act to regulate the crypto world in South Korea, the Financial Services Commission (FSC) of Korea directed cryptocurrency exchanges to get certified by the Korean Internet and Security Agency (KISA) to resume functioning after September 24. The cryptocurrency exchanges were needed to accomplish specific demands to resume authorized operating in the nation. Out…