FSS

Madcashcentral Cash Content Curators provides valuable Advertising, Business & Marketing recommendations, resources, tools and opportunities.

BanksBitcoinBitcoin NewsBusinessCryptocurrenciesCryptocurrencyDigital CurrencyExchangesFSSMarkets and PricesN-Markets and PricesRegulationTradingVirtual Currency
By:

South Korea Considers Bitlicense-Style System for Cryptocurrency Exchanges

The South Korean government is considering introducing an approval system for cryptocurrency exchanges based on the Bitlicense model, developed by the New York State Department of Financial Services.

Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License…

Madcashcentral Cash Content Curators provides valuable Advertising, Business & Marketing recommendations, resources, tools and opportunities.

BanksBitcoinBitcoin NewsBusinessCryptocurrenciesCryptocurrencyFSCFSSMarkets and PricesN-Markets and PricesRegulationVirtual Currency
By:
Tagged: , ,

 

Following the inspections of six major banks this week, South Korean regulators have uncovered some inadequate internal controls for handling cryptocurrency exchanges. Given the government’s strict rules, some banks have decided to stop providing services to cryptocurrency exchanges instead

…