South Korea proposes new regulations for crypto assets
Submitted by Anonymous (not verified) on Mon, 12/11/2023 - 22:50New crypto asset regulations in South Korea address NFTs, interest on deposits, and cold wallet requirements.
New crypto asset regulations in South Korea address NFTs, interest on deposits, and cold wallet requirements.
The exchange has also witnessed a drop in its trading volume amidst the regulatory crackdown on the entity in the U.S.
Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.<
Coinbase lists first Base layer 2 token in SEAM, governance token of Seamless Protocol built by leading DeFi teams.
The rules are scheduled to take affect on July 19 next year.
The central bank is now gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.
A "flash crash" in thin trading Sunday evening, saw bitcoin's price plunge nearly 10% from the $44,000 level in the space of a few minutes.
Seamless previously operated the "OG Points" program, allowing thousands of users to earn points in their on-chain wallets.
Copyright © 2026, www.bitcoin-trader.org | Contact