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Thai Cryptocurrency Exchange Determined to Stay Open After SEC Orders Shutdown
The Thai Ministry of Finance has rejected the last cryptocurrency exchange application it had been reviewing. The exchange, which has been ordered to close down business and return customer funds, is determined to stay operational. “Shutting down is not an option for us,” its chief strategy officer reportedly said. Also read: Indian Supreme Court Moves Crypto […]
The post Thai Cryptocurrency Exchange Determined to Stay Open After SEC Orders Shutdown appeared first on Bitcoin News.
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South Korea Considers Bitlicense-Style System for Cryptocurrency Exchanges
The South Korean government is considering introducing an approval system for cryptocurrency exchanges based on the Bitlicense model, developed by the New York State Department of Financial Services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Bitlicense Comes to Korea The South Korean regulators are considering introducing an approval system for cryptocurrency […]
The post South Korea Considers Bitlicense-Style System for Cryptocurrency Exchanges appeared first on Bitcoin News.
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Korean Prime Minister: Closing Down Crypto Exchanges ‘Not a Serious Consideration’
The South Korean prime minister has emphasized that closing down cryptocurrency exchanges is not a serious consideration. His statement clears up any remaining confusion in the market regarding whether the Korean regulators are still considering this option. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Closing Down Exchanges Not Serious Consideration South […]
The post Korean Prime Minister: Closing Down Crypto Exchanges ‘Not a Serious Consideration’ appeared first on Bitcoin News.
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South Korea Discusses Cryptocurrency Policies With China’s Central Bank
The South Korean Minister of Strategy and Finance has met with the governor of the People’s Bank of China to discuss and share economic policies including cryptocurrency countermeasures. While China has imposed strict regulations on cryptocurrency trading, including closing down exchanges, South Korea has adopted a less strict approach. Also read: Japan’s DMM Bitcoin Exchange Opens […]
The post South Korea Discusses Cryptocurrency Policies With China’s Central Bank appeared first on Bitcoin News.
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Chinese Cryptocurrency Exchanges Delay Launching in South Korea Due to Regulation
Two major Chinese cryptocurrency exchanges have delayed their launches in South Korea due to uncertainties surrounding the government’s regulation. The regulators are currently working on a real-name identification system that will end the anonymous trading of cryptocurrencies in the country. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details4 A Bump in the Road […]
The post Chinese Cryptocurrency Exchanges Delay Launching in South Korea Due to Regulation appeared first on Bitcoin News.
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