Today, in a coordinated action with the U.S. Department of Justice and the U.S. Department of Homeland Security, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) ...
The Chosun Ilbo on MSN
FSC links shareholding limits to virtual currency exchange licensing shift
Lee Eog-weon, Chairperson of the Financial Services Commission, stated that the plan to limit major shareholders’ stakes in virtual currency exchanges to 15–20% is part of “adjusting governance ...
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Bithumb bitcoin blunder exposes regulatory gaps
Bithumb, South Korea’s second-largest virtual currency exchange, has faced criticism for a major incident in which 620,000 Bitcoins were mistakenly distributed to users. The accident is attributed to ...
The intervention comes as countries weigh potential responses to the rise of virtual currencies and investors fret about the possible pitfalls following the failures such as Mt Gox, one of the oldest ...
[Asia Economy Reporter Hyunju Lee] On the 27th, Kyeongho Chu, a member of the People Power Party, pointed out regarding virtual currency trading, "It is contradictory for the government to ignore ...
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