South Korean Regulators May Intervene in Cryptocurrency Listing Review

The local media reported that South Korean financial authorities are discussing possible mandates for companies to pursue direct approval from regulators to list their cryptocurrencies on local digital assets exchanges. Such a bill may be included in South Korea’s upcoming Digital Asset Basic Act.

Currently, crypto exchanges themselves are responsible for reviewing new token listings in South Korea, a process that regulators believe may increase risks and losses for investors.

Source

Policy and Regulation

Related News
Daily Market Wrap | Aug. 12 Daily Market Wrap | Aug. 12
Daily Market Wrap | Aug. 11 Daily Market Wrap | Aug. 11
Daily Market Wrap | Aug. 08 Daily Market Wrap | Aug. 08
Daily Market Wrap | Aug. 07 Daily Market Wrap | Aug. 07
Daily Market Wrap | Aug. 06 Daily Market Wrap | Aug. 06
Latest News More More
Aug 5 Daily Market Wrap: CFTC Crypto Push
Aug 4 Daily Market Wrap: Project Crypto
Aug 4 Daily Market Wrap: Rates Steady
July 30 Daily Market Wrap: Anti CBDC Bill
July 29 Daily Market Wrap: FOMC
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open