FSociety News

BitcoinWorld BIT Secures Virtual Asset License and VASP Registration in British Virgin Islands BIT, the digital asset financial services platform formerly known as Matrixport, has obtained an investment business license and Virtual Asset Service...

BitcoinWorld South Korea’s FSC Reviews Hana Bank’s Dunamu Stake for Banking-Commerce Rule Breach South Korea’s Financial Services Commission (FSC) is reviewing whether Hana Bank’s acquisition of a stake in Dunamu, the operator of the Upbit...

BitcoinWorld Regulatory clampdown pushes South Korea’s crypto industry into crisis South Korea’s digital asset industry is navigating a deepening crisis as aggressive regulatory measures from the Financial Services Commission (FSC) under Chairman...

BitcoinWorld South Korea to Unveil Detailed Security Token Rules in July, Allowing Pooled Asset Issuance South Korea’s Financial Services Commission (FSC) is set to announce detailed regulations and operational guidelines for security tokens in...

Best Institutional Tokenization Platform is an award category within The BeInCrypto Institutional 100, an annual research-driven program recognising institutional digital asset excellence across 26 categories and six pillars. Institutional...

Digital asset custody is one of the core trust layers behind institutional crypto adoption. Best Custody Provider is an award category within The BeInCrypto Institutional 100, an annual research-driven program recognising institutional digital asset...

BitcoinWorld Crypto Market Manipulation Crackdown: South Korean Authorities Refer Suspects for Investigation South Korean authorities have taken a decisive step against crypto market manipulation, referring suspects in two major cases to...

BitcoinWorld FSC Halts KIDI’s Ambitious Token and AI Plans: A Critical Regulatory Pause in South Korea’s Digital Evolution SEOUL, South Korea – In a significant move that underscores the cautious regulatory approach to emerging technologies, South...

South Korea’s financial regulator has ordered all crypto exchanges to verify user asset balances every five minutes, following a massive overpayment incident that shook market confidence earlier this year. One botched reward payout exposed systemic...

BitcoinWorld South Korea Stablecoin Legislation: FSC Accelerates Crucial Regulatory Framework and Tax Review SEOUL, South Korea – March 2025 – South Korea’s Financial Services Commission (FSC) has initiated a decisive push to establish...