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Cryptorank

Category FSS

South Korea FSS pushes for asset managers to limit crypto ETF exposure

South Korea FSS pushes for asset managers to limit crypto ETF exposure

The Financial Supervisory Service (FSS) of South Korea has given new orders to local asset managers to limit their exposure to crypto-related firms...
South Korean Regulator Warns Against COIN, MSTR Stock Holdings on ETF Portfolios

South Korean Regulator Warns Against COIN, MSTR Stock Holdings on ETF Portfolios

The FSS urged asset managers to limit exposure to crypto-related equities like Coinbase and Strategy in ETF portfolios. The post South Korean Regul...
The Bank of Korea to initiate ‘Hangang’ CBDC pilot with 100,000 citizens next month

The Bank of Korea to initiate ‘Hangang’ CBDC pilot with 100,000 citizens next month

The Bank of Korea has announced that it will hold trials for its central bank digital currency (CBDC) project from April to June. The bank said the...
Upbit, Bithumb to pay largest-ever South Korean compensation for system failures during martial law

Upbit, Bithumb to pay largest-ever South Korean compensation for system failures during martial law

Upbit and Bithumb have agreed to compensate their users with $2.5 million. The exchanges agreed to the compensation because of technical failures d...
South Korea to inspect crypto exchanges for suspicious activity

South Korea to inspect crypto exchanges for suspicious activity

South Korea’s financial regulator, the Financial Supervisory Service (FSS), announced plans to crack down on cryptocurrency exchanges across the co...