CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
BitcoinSistemi 2025-03-12 13:54:08

New Rule for Bitcoin and Altcoin Investments from South Korea!

Cryptocurrency rules continue to take shape in South Korea, where there is intense interest in Bitcoin and altcoins. At this point, South Korea, which stated that it plans to allow companies to invest in cryptocurrencies, will introduce crypto market rules for companies by the 3rd quarter of this year. South Korea’s financial authority, the Financial Services Commission (FSC), has announced plans to issue comprehensive guidelines for institutional cryptocurrency investments by the third quarter, The Block reported. FSC Deputy Director Kim So-young stated that the agency aims to announce these guidelines by April for non-profit organizations (NGOs) and crypto exchanges, and by the third quarter of the year for public companies and professional investors. In preparation for these changes, Kim called on banks and crypto exchanges to implement robust and seamless anti-money laundering measures. The FSC announced in January that it would gradually lift the de facto ban preventing institutional investors from investing in cryptocurrencies. *This is not investment advice. Continue Reading: New Rule for Bitcoin and Altcoin Investments from South Korea!

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.