South Korean crypto regulation tightens, as the FSC extends data protection laws to crypto exchanges and VASPs.
Blockchain News

Crucial Shift: South Korean Crypto Regulation Intensifies with New Data Protection Laws

The landscape of South Korean crypto regulation is undergoing a significant transformation. Investors and virtual asset service providers (VASPs) alike are keenly observing these developments. A recent legislative push by the Financial Services Commission (FSC) aims to bring cryptocurrency exchanges under stricter data management rules. This move promises to reshape how digital asset transactions and […]

A digital representation of robust FSS market surveillance overseeing the South Korea crypto regulation landscape, ensuring virtual asset security.
Uncategorized

South Korea Crypto Regulation: FSS Demands Robust Market Surveillance from Exchanges

The landscape of digital finance continuously evolves, and with it, the imperative for robust oversight. Recently, the focus turned to South Korea, a prominent player in the global cryptocurrency arena. The nation’s financial watchdog, the Financial Supervisory Service (FSS), has issued a powerful directive. Governor Lee Chan-jin has explicitly called upon cryptocurrency exchanges to significantly […]

Illustration showing South Korea's financial regulations safeguarding virtual asset lending, with digital currency symbols and protective barriers.
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South Korea Crypto Lending: Sweeping New Rules Safeguard Investors

The cryptocurrency market often operates with rapid innovation and significant volatility. Regulators globally strive to balance this dynamism with investor safety. Recently, **South Korea crypto lending** services faced a pivotal shift. The nation’s Financial Services Commission (FSC) has introduced comprehensive guidelines. These new measures aim to curb high-risk practices. They also seek to enhance consumer […]

Upbit's Seamless Expansion: Crucial Travel Rule Compliance with BDACS & Custella
Blockchain News

Upbit’s Seamless Expansion: Crucial Travel Rule Compliance with BDACS & Custella

In the rapidly evolving world of cryptocurrency, regulatory compliance is no longer an option but a necessity. For users and exchanges alike, navigating the intricate web of rules can be challenging. However, leading Korean crypto exchange Upbit has taken another significant step forward, making virtual asset transfers smoother and more compliant. This latest update, specifically […]

Crucial South Korea Crypto Rule Decision Delayed by FSC
Blockchain News

Crucial South Korea Crypto Rule Decision Delayed by FSC

Are you following the evolving landscape of cryptocurrency regulation in South Korea? A key decision impacting how crypto exchanges operate has just been put on hold, sparking discussions across the industry. South Korea Crypto Regulation: A Key Decision Point The head of South Korea’s Financial Services Commission (FSC), Chairman Kim Byoung-hwan, recently decided to postpone […]

Groundbreaking ISA 2025: Nigeria Officially Recognizes Crypto as Asset Class
Bitcoin News

Groundbreaking ISA 2025: Nigeria Officially Recognizes Crypto as Asset Class

In a monumental leap for cryptocurrency adoption in Africa, Nigeria has officially embraced digital currencies as a recognized asset class. The newly enacted Investments and Securities Act (ISA) 2025 marks a pivotal moment, signaling a significant shift in the nation’s approach to crypto and blockchain technology. This groundbreaking legislation, signed into law by President Bola […]

Landmark Crypto Regulations: Argentina Finalizes Rules for Virtual Asset Service Providers
Blockchain News

Landmark Crypto Regulations: Argentina Finalizes Rules for Virtual Asset Service Providers

Exciting news for the crypto world coming out of South America! Argentina has officially stepped into the regulatory arena, finalizing its much-anticipated framework for cryptocurrencies. If you’re involved in virtual assets, especially as a service provider, you need to pay close attention. Let’s dive into what these Argentina crypto regulations mean for you and the […]