South Korea's Financial Supervisory Service Calls for Reduced ETF Exposure to Coinbase
In a move to limit foreign crypto risks, South Korea's FSS advises asset managers to cut ETF holdings related to Coinbase.
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In a move to limit foreign crypto risks, South Korea's FSS advises asset managers to cut ETF holdings related to Coinbase.
This week in Asia's cryptocurrency landscape showcases major firm acquisitions and rising security threats.
The court ruled that customers benefitted from an unintentional advantage due to network delays, rather than any fault of Coinone.
The partnership aims to develop a won-based stablecoin to ease trading and reduce the 'kimchi premium' in South Korea.
The Bank of Korea has halted its central bank digital currency project, coinciding with the government's new proposal allowing companies to issue stablecoins.
The South Korean government has halted its Central Bank Digital Currency (CBDC) pilot project amid increasing adoption of stablecoins, reflecting a significant shift in the nation's financial strategy.
South Korean retail investors are shifting focus towards Circle Internet Group, making it the top foreign stock amidst regulatory changes for stablecoins.
A coalition of eight South Korean banks has formed a consortium to develop a won-backed stablecoin, marking a significant step towards digital currency integration in the region.
A consortium of South Korea's major commercial banks is working on a stablecoin linked to the Korean won, aiming to counter the dominance of foreign stablecoins.
Bridge Biotherapeutics aims to establish a Bitcoin treasury, supported by significant funding from Parataxis.
Tencent is looking to acquire Nexon, a South Korean game developer known for popular titles such as Dungeon & Fighter and MapleStory.
Lee Jae-myung, South Korea's newly elected President, has introduced a bill to allow local companies to issue stablecoins, marking a significant step in the country's crypto regulation.
Lee Jae-myung, a strong advocate for the cryptocurrency sector, has been elected president of South Korea, pledging support for digital assets.
As South Korea approaches election week, the cryptocurrency market is set for a breakthrough, with both presidential candidates promoting pro-crypto policies.
The South Korean crypto sector celebrates a promising future after the recent presidential elections, with candidates favoring pro-crypto policies.
New regulations from South Korea's Financial Services Commission will enable non-profits and digital asset exchanges to sell cryptocurrency while imposing strict operational rules.
South Korea's retail traders are gravitating towards XRP and Dogecoin, surpassing Bitcoin and Ethereum amid a rally spurred by reduced U.S.-China trade tensions.
Lee Jae-Myung promises to introduce policies for crypto ETFs and lower transaction fees as part of his campaign.
The People Power Party in South Korea has pledged to legalize spot cryptocurrency exchange-traded funds and transform the digital asset regulatory framework.
In this week's overview, we delve into the latest developments in the crypto landscapes of South Korea, Vietnam, Malaysia, Thailand, and Hong Kong, highlighting their unique approaches and emerging trends.
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