Binance stops trading pairs involving KRW in South Korea
Binance Korean subsidiary has halted pairs in KRW as part of efforts aimed at proactive compliance with regulatory demands. Binance has halted trading pairs in the Korean won (KRW) as part of a slew of modifications to its South Korean operations. The crypto exchange giant announced the suspension of KRW trading pairs and KRW payment […]
South Korean police reopen Bithumb’s fraud investigation case
No government is taking fraud cases involving cryptocurrency with levity, in this light, the South Korean police have reopened crypto exchange Bithumb’s fraud case. It appears that Bithumb’s problems aren’t going to go away anytime soon! The Bithumb fraud case involving the former chairman of the exchange was reopened by South Korean police on Monday, […]
South Korea shuts down 11 crypto exchanges
South Korea‘s Financial watchdog has reportedly shut down eleven cryptocurrency exchanges for their involvement in illegal activities. According to The Korea Herald on Sunday, the Financial Services Commission (FSC) , South Korea’s top financial regulator, has ordered the closure of 11 local cryptocurrency exchanges due to their involvement in illegal activities. Darlbit and Bitsonic are […]