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Alarming Trend: Suspicious Crypto Trading by Young Koreans Dominates FSS Watchlist

A recent report from South Korea’s financial watchdog has shed light on a concerning trend: a significant portion of investors flagged for suspicious crypto trading are young adults. This finding from the Financial Supervisory Service (FSS) highlights the unique challenges and behaviors emerging within the digital asset market, particularly among younger demographics. Who is Involved […]

Blockchain News

Shocking 0.6% Crypto Supervision Fee Imposed on Korean Exchanges: Impactful Regulation

Hold onto your digital wallets, crypto enthusiasts in South Korea! The Financial Supervisory Service (FSS) has just dropped a bombshell that’s sending ripples through the nation’s cryptocurrency exchange landscape. Get ready for a new era of financial oversight as Korean crypto exchanges are now mandated to cough up a crypto supervision fee. But what does […]

Blockchain News

Urgent Alert: Korean Regulator FSS Exposes Deceptive Fake Crypto Personal Info Scam

In a startling development, South Korea’s Financial Supervisory Service (FSS) has sounded the alarm, issuing a “caution” level consumer alert that should have every crypto enthusiast and investor on high alert. The warning shines a spotlight on a sophisticated crypto scam that’s currently making the rounds, preying on unsuspecting individuals with the false promise of […]

Blockchain News

Urgent: Korean Regulator Intensifies Crypto Business Inspections – Are Crypto Firms Ready?

Is the crypto landscape in South Korea about to face a significant shake-up? Buckle up, because the nation’s financial watchdog, the Financial Supervisory Service (FSS), is gearing up to intensify its scrutiny of virtual asset service providers (VASPs) this year. This news signals a crucial phase for the Korean crypto market, emphasizing the growing importance […]