Other Stories

Full Video

South Korea to ban cryptocurrency exchanges from handling assets issued by themselves Updated: 2021-06-17 13:27:00 KST

The so-called "coin cleanup" is continuing on South Korea's cryptocurrency exchanges as regulators tighten the rules.
To protect investors from fraudulent activities, including money laundering, the Financial Services Commission is prohibiting exchanges handling digital assets issued by themselves or by persons related to them, including spouses and even distant relatives.
The revision takes effect from June 26th.
Violatiors could face fines of up to 100 million won, or about 88 thousand U.S. dollars, or face a business suspension.
KOGL : Korea Open Government License
본 저작물 중 본문에 해당하는 뉴스 스크립트(텍스트)는 공공누리 제1유형-출처표시 조건에 따라 이용할 수 있습니다.