South Korea’s Financial Services Commission (FSC) announced restrictions for executive employees and exchange operators, preventing them from trading on their own platforms.

The post South Korea bans crypto executives from trading on their own platforms appeared first on CryptoSlate.

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There’s more trouble on the horizon for South Korean cryptocurrency exchanges. The country’s financial regulator plans to prevent cross trading on its platforms.

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South Korea’s Financial Services Commission has moved to ban cross-trading on crypto exchanges in the country. The move is part of a raft of amendments to the country’s Act on the Reporting and Use of Certain Financial Transaction Information. Cross-trading is an illegal practice in many jurisdictions that involves offsetting buy and sell orders for […]

Read full post South Korea’s Financial Services Commission moves to ban cross-trading on crypto exchanges. on Chaintimes.com.

South Korean crypto exchanges are groaning under a new proposal that will prevent them from converting trading fees to fiat currency.

Reports are emerging that the government in South Korea is mulling a proposal to fine employees of cryptocurrency exchanges for trading in digital assets.

The post Korean Crypto Exchange Employees Could Face Heavy Fines for Trading appeared first on BeInCrypto.