The report, issued by the Financial Services Commission of the country, details several recommendations relating to cryptocurrencies
By Shashank Bhardwaj
The South Korean government has commissioned a report that suggests that the local cryptocurrency industry will implement a licensing framework for exchanges and token issuers to protect investors. The report, issued by the Financial Services Commission (FSC) to the National Assembly, also recommends new restrictions to combat insider trading, pump-and-dump scams, and wash trading.
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YouTube shuts down educational crypto channels
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Goldman Sachs rolls out first bitcoin-backed loan
Ukrainian government to accept NFT donations
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Mexico Senate gets Bitcoin ATM
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BlackRock launches blockchain industry ETF
Ethereum's incoming switch to Proof-of-Stake driving down GPU prices
Central African Republic adopts bitcoin as legal currency
Brazil approves law to regulate crypto
Binance announces crypto card for Ukrainian refugees
New York bans crypto mining using non-renewable power
Derivatives exchange Bitget launching in India
NFL Releases NFT collection on Polygon
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Meta to open first physical store in metaverse bet
New York looking to criminalise crypto frauds
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Twitter to allow crypto payments, backed by Stripe
Bahamas may allow residents to pay taxes with crypto
Coinbase to acquire BtcTurk exchange for $3.2 billion
Paris Hilton invests in Afterparty's new NFT ticketing platform
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Russia to include cryptocurrencies in its updated tax laws
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Finance Minister Nirmala Sitharaman calls for global crypto regulations
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Atari terminates blockchain joint venture with ICICB Group
Monero's July hard fork confirmed by its community
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Beanstalk Stablecoin protocol loses $182 million in governance exploit
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Ripple claims 'a very big win' in SEC case
Argentinian town to invest in crypto mining to fight inflation, upgrade rail infra
Pantera Capital closing fundraise for its blockchain fund after raising $1.3 billion
Homegrown blockchain co Polygon commits to go carbon neutral this year
NBA registers four NFT trademarks
US crypto expert jailed 63 months for helping North Korea
Fortnite developer Epic Games raises $2 billion to build for the metaverse
Indian companies storm the metaverse and NFT space
Coinbase is producing a movie trilogy on Bored Ape NFTs
Multiple Indian Twitter accounts hacked, NFT content posted
German police shut down $1.3 billion illegal darknet firm
Meta tests sale of virtual goods in metaverse
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Binance Gets In-Principle Approval to Operate as Crypto Broker in Abu Dhabi
EU limits Russians' crypto investments to 10k Euros
Coinbase suspends UPI payments in India three days after launch
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South Africa concludes technical Proof-of-Concept for its CBDC settlement system
Terra buys $200 million in AVAX for reserves
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Coinbase launches in India
Meta working on virtual money 'Zuck Bucks': report
Germany closes Russian darknet marketplace Hydra
Britain paves way to accept stablecoin
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NFT of Nelson Mandela's arrest warrant auctioned for $130,000
Bank of England calls for tighter regulation of cryptocurrencies
ECB's Lagarde 'concerned' about crypto use to dodge Russia sanctions
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