A year after Binance bought a majority stake in crypto exchange GOPAX, the regulator still has not approved the shareholding revision.
This will be the first new government bond futures introduced in Korea since 2008, enabling better hedging of longer-term interest rate risk.
The FSS released a roadmap to facilitate implementation of the new law, which will allow illegal activity to be punished with life.
The CEO and CTO were sentenced to seven years and one year in jail, respectively, for embezzling KRW 10 billion in customer funds.
Reforms will address settlement failure risks. Pilot run to extend trading hours kicked off. Foreign FIs now have access to Korean FX market.
Bank of Korea report discusses progress improve inflation forecasting accuracy using AI/ML and big data technologies.
Korea's Ministry of the Interior and Safety will bolster its supervision over KFCC with help from the FSC.
The FSS and Korea Legal Aid Corporation will offer free legal support to victims of illegal predatory lending.
Three executives of crypto platform Haru Invest were arrested for failing to return KRW 1.1 trillion worth of crypto to investors.
FSS Korea warns of stern repercussions for misconduct by financial firms, excessive risk-taking, and high fees and interest rates.
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