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Category FSC

South Korea may open crypto market to foreign investors if exchanges meet AML standards

South Korea may open crypto market to foreign investors if exchanges meet AML standards

The Financial Services Commission (FSC) of South Korea hinted that it may loosen constraints on foreign investors trading crypto on local exchanges.
Apr, 03, 2025
3 min read
by CryptoPolitan
South Korea to Allow Foreign Crypto Investments with AML Compliance

South Korea to Allow Foreign Crypto Investments with AML Compliance

Crypto community members have been watching the dispute between Justin Sun and Hong Kong financial institution, FDT. On the other hand, market pric...
Apr, 03, 2025
2 min read
by TheNewsCrypto
South Korea’s 7-Eleven to accept CBDC payments

South Korea’s 7-Eleven to accept CBDC payments

South Korea’s 7-Eleven shops will be taking part in the test phase of the Bank of Korea’s digital currency (CBDC) project. To that end, the retaile...
Apr, 02, 2025
3 min read
by CryptoPolitan
South Korea pauses Upbit’s 3-month ban on serving new clients

South Korea pauses Upbit’s 3-month ban on serving new clients

The partial business suspension of Upbit, the biggest crypto exchange in South Korea, was temporarily lifted by a South Korean court. This suspensi...
Mar, 27, 2025
3 min read
by CryptoPolitan
Seoul Councilor tops South Korean officials’ crypto holdings as declarations hit $9.83M

Seoul Councilor tops South Korean officials’ crypto holdings as declarations hit $9.83M

The top crypto holder among top South Korean officials is Kim Hye-young, a member of the Seoul Metropolitan Council.
Mar, 27, 2025
3 min read
by CryptoPolitan