The erroneous transfer of Bitcoins worth 64 trillion won ($44 billion) at Bithumb has prompted financial authorities to scrutinize not only the exchange's internal control system but the overall reliability of digital asset service providers.
Korea's reputation as a deserted island for digital assets is about to face a seismic shift with loosened regulations, and Mirae Asset is ready to take the lead based on extensive experience overseas.
Korea limits individual crypto borrowing to current holdings, enforcing new regulations to protect investors and curb excessive leverage.
The Financial Supervisory Service urged digital asset service providers to comply with the virtual asset investor protection law before it takes effect in July.
Bitcoin prices have climbed to a two-and-a-half-year high, peaking at over $35,100 in Tuesday's early trading session, and is now being traded at over $30,000.
Investors interested in the digital asset market can find it difficult to find specific information amid the indiscriminate outpouring of data. Aiming for the integration of distributed information into one source and the provision of reliable...
Kasa Korea is distributing the first round of dividends to investors in a logistics center in Cheonan, South Chungcheong.
The Yoon Suk-yeol government should establish a separate unit that exclusively monitors abnormal cryptocurrency trading, said Oh Jung-geun, a member of the 20th Presidential Transition Committee for Balanced National Development.
Korea JoongAng Daily Sitemap
