Korea’s Top Financial Regulator: Crypto Exchanges Should Face ‘No Problems’ With Banks

The chairman of South Korea’s Financial Services Commission has affirmed that crypto exchanges should face no issues with banking provisions. The chairman of South Korea’s Financial Services Commission (FSC) has affirmed that crypto exchanges should face no issues with banking provisions, local media platform Token Post reported Oct. 30. The FSC’s Choi Jong-Ku clarified that […]

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Bitstamp Is Looking Towards ‘Global Expansion’ After Being Acquired by South Korean Investors

Bitstamp has been acquired by Brussels-based investment firm. On October 29, the cryptocurrency exchange, Bitstamp, was acquired by Belgium-based investment firm NXMH, which in turn, is owned by South Korean media conglomerate NXC Corp. The Luxembourg-registered exchange is now controlled by the same company that bought the majority stake in the South Korean crypto exchange, […]

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Crypto Exchange Service Helps Bithumb Recover 1 Million XRP After Massive June Hack

Prague-based crypto exchange Changelly announced that it helped South Korean exchange Bithumb recover over 1 million XRP following a massive hack in June. Prague-based crypto exchange service Changelly has announced that it helped South Korean exchange platform Bithumb recover 1,063,500 Ripple (XRP) in stolen assets following a massive hack in June, a press-release stated, Oct. […]

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Coincheck Reopens New Signups, Deposits and Withdrawals of ‘Some’ Cryptocurrencies

Hacked Japanese cryptocurrency exchange Coincheck continues to reboot itself following a multimillion-dollar hack in January. Monex Group, the Japanese internet broker that purchased hacked cryptocurrency exchange Coincheck, announced it had reopened new account signups and limited trading in a statement Tuesday, Oct. 30. The latest phase of a step-by-step reboot of Coincheck, Monex added users […]

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Japanese Financial Watchdog Grants Self-Regulatory Status to Local Crypto Exchanges

Japan’s Financial Service Agency has certified self-regulatory body JVCEA to oversee the local cryptocurrency industry. Japan’s Financial Services Agency (FSA) has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee the space, Cointelegraph Japan reports Wednesday, Oct. 24. The FSA expects the self-regulatory body to set rules […]

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