Officers from the Korean central financial institution mentioned in a March 16 response to a written inquiry that they haven’t seemed into a possible Bitcoin (BTC) reserve, citing excessive to a query from Consultant Cha Gyu-geun of the Nationwide…
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Korea
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Altcoin NewsNews
Financial institution of Korea to take ‘cautious strategy’ to Bitcoin reserve
by Jeremyby JeremyOfficers from the Korean central financial institution stated in a March 16 response to a written inquiry that they haven’t seemed into a possible Bitcoin (BTC) reserve, citing excessive to a query from Consultant Cha Gyu-geun of the Nationwide…
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Native media reported on 20 the Monetary Supervisory Service (FSS), citing insurance policies rooted in a 2017 authorities directive, has barred asset managers from introducing ETFs targeted on companies like transfer follows a broader prohibition on Bitcoin (BTC) spot and…
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The Ministry of Finance introduced that the brand new laws would require registration and reporting for companies in Korea concerned in cross-border crypto this framework, Korea-based corporations facilitating digital asset transactions throughout borders should pre-register with regulatory our bodies…
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New Rules IncomingThough particulars of the proposed laws are but to be disclosed, the Finance Ministry acknowledged immediately (Friday) that the brand new regulatory framework would require prior registration and month-to-month transaction reporting to the Financial institution of Korea for…
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Altcoin NewsNews
South Korea points arrest warrant for Do Kwon’s former colleagues
by Jeremyby JeremyThe Seoul Southern District Prosecutors Workplace in South Korea suspected that Shin possessed Terra (LUNA) tokens, which had been pre-issued with out the general public information of In doing so, Shin allegedly bagged income price 140 billion gained (roughly…
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