Polygon can hit $3.50 in Q4 as MATIC’s 20% weekly rally triggers bull flag setup
MATIC retested the bull flag’s upper trendline as resistance Friday after its price rose by up to 30%. Go to Source Powered by WPeMatico
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Korean crypto exchange Upbit to halt withdrawals for unverified users
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week. Go to Source Powered by WPeMatico
Major Korean Exchanges Secure Real-Name Account Arrangements With Local Banks
Leading cryptocurrency exchanges in South Korea have reached agreements with Korean banks to maintain the issuance of real-name accounts, media reports revealed. The deals, although not yet permanent, will allow the trading platforms to register with financial authorities before the Sept. 24 compliance deadline. Bithumb, Coinone and Korbit Maintain Partnerships With Korean Banks Banks have … Read more
Bithumb to Ban Foreign Traders Failing Mobile Phone Identification
South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb Prepares to Register Under New Rules Foreign nationals who do not … Read more
30-somethings led crypto purchases at South Korean exchanges in 2021
The increased trading volume comes following the country’s Financial Services Commission requiring crypto trading platforms to register as digital asset service providers before Sept. 24. Go to Source Powered by WPeMatico
Upbit reportedly first crypto exchange to file with Korean regulators
Upbit is one of South Korea’s largest cryptocurrency exchanges alongside Bithumb, Coinone and Korbit — who are collectively referred to as “The Big Four.” Go to Source Powered by WPeMatico
Korean Exchanges Delist High-risk Coins as They Face Tough Regulations
Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. South Korean Exchanges Wipe Trading Lists of Risky Digital Assets Trying to meet Seoul’s … Read more
Regulations drive Korean exchanges to delist, warn against high risk coins
Amid increasing scrutiny and demand from regulators, South Korean crypto exchanges are sifting through their supported assets and delisting or placing high-risk coins on an investor warning list. Go to Source Powered by WPeMatico
South Korea’s Financial Regulator Holds Closed-Door Meeting With 20 Crypto Exchanges
Regional reports disclose South Korea’s Financial Services Commission (FSC) had a closed-door meeting with roughly 20 different cryptocurrency exchanges on June 3. The report highlights that virtual asset business operators (VASPs) that attended the meeting all had ISMS (Information Security Management System) certification. South Korean Regulator Holds a Closed-Door Meeting With 20 VASPs A report … Read more
South Korea’s banking association alarmed by altcoin trading mania
South Korea’s banking body wants crypto exchanges to be wary of the risks of being overexposed to altcoins. Go to Source Powered by WPeMatico