South Korea to tighten OTC crypto controls LeapRate

September 19, 2023 BY Elizabeth Anderson

South Korea to tighten OTC crypto controls

A local report detailed how prominent executives attended a forum on the legal issues and potential criminal dealings associated with digital assets. Among these were Ki No-Seong, the deputy chief prosecutor, and Park Min-woo of the Financial Services Commission (FSC). This session highlighted money-laundering possibilities and concerns. According to a Google-translated statement, Seong commented: Illegal…

August 13, 2020 BY Steffy Bogdanova

Crypto exchange UpBit secures licenses in four categories from Thai SEC

The company is the first in Thailand to be approved for licenses in all four digital asset business categories. Upbit Thailand plans to offer new digital asset-related services once the final audit process by the Thai SEC is complete. With the new licenses for cryptocurrency and digital token subcategories, Upbit Thailand expands its offer with…

March 30, 2018 BY Valentina Kirilova

How profitable are the world’s top crypto exchanges?

The top ten cryptocurrency exchanges are bringing in as much as $3 million per day in profit, according to Bloomberg calculations. Considering that cryptocurrency did not even exist until 2009, profit at that level is absolutely astonishing compared to the historical development of other industries. It is easy enough to understand how cryptocurrency exchanges make…

Tag: Upbit