South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance and safeguard crypto assets, with severe penalties for violations, including life imprisonment for profiting over five billion won illegally. South Korea’s Financial […]
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Key TakeawaysBitcoin ETFs lost $299.90M Wednesday, extending their 5-session outflow total to $1.44B.Ether shed $144.81M, with 5-day withdrawals equal to about 4.5% of ETF assets.In-kind conversions show some...
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