According to the exchange, the feature will be introduced initially for institutional investors and will be gradually made available for retail investors in the upcoming months.
ZoeyMajor exchanges are already preparing to meet the new requirements.
ClementThe project, which has been in progress since December 2021, gained momentum with the endorsement of Pang Hue Kai, CEO of Tokokrypto, a licensed Indonesian crypto exchange partly owned by Binance.
Coinlive The government will instead focus on regulating the industry and supporting existing exchanges.
BeincryptoCoinlive The NTS will supposedly investigate whether Bithumb and its alleged owner Kang Jong-hyeon have breached taxation policies.
cryptopotatoThrough this bill, the Moscow Exchange (MOEX) will allow depositories to issue receipts for digital financial assets (DFA).
OthersCrypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges have delisted privacy coins in the past as well.
CointelegraphThe Chinese crypto exchange Huobi announced that it had purchased a Latin American cryptocurrency exchange, Bitex. The exchange did this ...
BitcoinistCompliance with the rules gives South Korea a head start in regulating virtual assets, but could hurt the domestic industry with excessive transfer restrictions between exchanges.
Cointelegraph