Korea Financial Services Commission news and trends

Bitcoin Daily: China Arrests 1,100 In Crypto Money Laundering Sting; Blockchain Startup Solana Labs Nets $314 Million For DeFi Tech

June 09, 2021
Korea Regulator To Force Banks To Play Nice With FinTech Firms
Regulation // February 27, 2019

Korea’s Financial Services Commission is gearing up to roll out new rules that would require banks in Korea to open up their payment systems to FinTech players. According to a report in Finextra, citing the Financial Service Commission, the aim is to increase competition in...

Quick Reads
Bitcoin Daily: China Arrests 1,100 In Crypto Money Laundering Sting; Blockchain Startup Solana Labs Nets...

June 09, 2021
The Chinese police have arrested about 1,100 people on money laundering charges, CoinDesk reported, adding those arrested were allegedly using crypto to evade the law. China has been undergoing a national crackdown on money laundering activities related to telecom fraud, which has been dubbed “Operation Card Breaking,” according to CoinDesk. In addition to the arrests, […]

Korea Regulator To Force Banks To Play Nice With FinTech Firms

February 27, 2019
Korea’s Financial Services Commission is gearing up to roll out new rules that would require banks in Korea to open up their payment systems to FinTech players. According to a...