regulation – Rayrice Forex News

Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges – Regulation Bitcoin News

South Korea’s Financial Intelligence Unit is cracking down on 16 foreign currency cryptocurrency exchanges operating illegally in the country. “Illegal business activities by unregistered entities may result in a maximum of 5 years in prison or a fine of up to KRW 50 million,” the regulator said. 16 was suggested by the South Korean inspector … Read more

Russia’s central bank is set to make some concessions on the Crypto regulation

Source AdobeStock / 999xy Russian strict crypto-skeptic Central Bank He said he was prepared to soften his stance on crypto to some extent to allow key legislation to emerge – but he still supported a ban on all crypto-related activities in the country. Following a series of calls by government bodies for crypto licenses in … Read more