

others
South Korea recommends unified crypto disclosure system – Crypto News
South Korea’s Financial Supervisory Service, the country’s regulator, has recommended setting up a unified system for mandatory information disclosure from digital asset exchanges and issuers of cryptocurrencies to provide more reliable data and protect investors from fraud, according to local media reports.
See related articles: S.Korea sees passing crypto investor protection as a priority: report
Fast facts
- Ahn Byung-nam, the head of Digital Asset Research at the regulator, said a unified mandatory disclosure system about the issuance, listing and circulation of cryptocurrencies would provide better safeguards to investors, Asia Business Daily and other media reported, citing his comments at a Monday meeting of the government’s Digital Assets Committee.
- Other officials at the meeting emphasized the need for stricter disclosure on token issuers and exchanges, according to media reports, following a series of bankruptcies and allegations of fraud in the global crypto industry last year.
- Disclosure of relevant financial information should be an obligation to protect investors, but there aren’t any requirements right now for such digital assets, Jeon In-tae, professor of mathematics at the Catholic University of Korea, said at the meeting, according to Asia Business Daily.
- Last year, South Korean blockchain game developer Wemade’s native token WEMIX was delisted from four major exchanges in the country on reports it underreported circulation numbers for the token. WEMIX plunged over 70% in less than a week on the report.
- At the same meeting, Cha Myung-hun, the chief executive officer of local crypto exchange Coinone, said the Digital Asset eXchange Alliance (DAXA) is developing a unified standard for exchanges in token delisting, according to the news reports. DAXA is a trade group of five local exchanges — Upbit, Bithumb, Coinone, Korbit and GOPAX — that are licensed to provide fiat-to-currency services to local investors.
- South Korea has been working to establish an all-encompassing regulatory framework for protecting digital asset investors, initially aimed at being enacted last year. Around ten proposals were presented at the country’s National Assembly, but none have been discussed at its parliamentary sessions.
See related articles: South Korea unlikely to push out crypto regulation before the US, authority says
-
Technology1 week ago
Best 5G phones under ₹10,000 in July 2025: Infinix Hot 60, Samsung M06 and more – Crypto News
-
Cryptocurrency1 week ago
Scaling the Future: Bitcoin.ℏ’s 10,000 TPS Advantage with Hedera Hashgraph – Crypto News
-
others1 week ago
Japan CFTC JPY NC Net Positions rose from previous ¥103.6K to ¥106.6K – Crypto News
-
Technology1 week ago
Why is Shiba Inu Price Up Today? – Crypto News
-
Cryptocurrency1 week ago
ETH to Lead BTC Over Next 6 Months, Says Galaxy CEO – Crypto News
-
Blockchain1 week ago
Tether Gold (XAUt) Market Cap Soars as Gold Hits Record Highs in 2025 – Crypto News
-
De-fi1 week ago
Windtree Therapeutics Plans $520 Million Raise, 99% for BNB, Secures $500M Equity Line, Uses Kraken Custody – Crypto News
-
others1 week ago
Arthur Hayes-Backed Altcoin Outpaces Crypto Market Amid Launch of New Partnership With Anchorage Digital – Crypto News
-
Technology1 week ago
Who is Shengjia Zhao? ChatGPT co-creator named Chief Scientist at Meta’s Superintelligence Labs – Crypto News
-
Cryptocurrency1 week ago
Market update: Bitcoin rises after US-EU announce framework trade agreement – Crypto News
-
Cryptocurrency1 week ago
ETH to Lead BTC Over Next 6 Months, Says Galaxy CEO – Crypto News
-
others1 week ago
US Dollar finds support amid Fed uncertainty and tariff talks – Crypto News
-
Technology1 week ago
‘Screwed up’: Sam Altman warns against using ChatGPT as your lawyer or therapist – Crypto News
-
Business5 days ago
Chase Launches $4 Million Grant Program as Restaurants Struggle – Crypto News
-
Cryptocurrency3 days ago
XRP inflows drop 95% since July spike, while Chaikin data signals possible rally – Crypto News
-
Cryptocurrency1 week ago
Bitcoin Cash up 7% as bulls defy BTC dump, eye gains on rising volume – Crypto News
-
Cryptocurrency1 week ago
Friday charts: Crazy train investing – Crypto News
-
Business1 week ago
Buy DexScreener Reactions – Boost Legends: Guide + $5 Bonus – Crypto News
-
Cryptocurrency7 days ago
Bitcoin and Ethereum ETFs Pull in Record-High $11.2 Billion in July – Crypto News
-
Metaverse5 days ago
OpenAI rolls out ‘Study Mode’ in ChatGPT: What is it? How to use? All your questions answered… – Crypto News
-
others5 days ago
Blockchain Gaming Is Growing Up – What’s Behind the Sector’s Quiet Comeback – Crypto News
-
Business4 days ago
Stablecoins Won’t Boost Treasury Demand, Peter Schiff Warns – Crypto News
-
Technology4 days ago
Is AI causing tech worker layoffs? Thats what CEOs suggest, but the reality is complicated – Crypto News
-
Blockchain4 days ago
SEC Crypto ETFs Ruling Brings Structural Fix, Not Retail Shakeup – Crypto News
-
Business3 days ago
Breaking: Solana ETFs Near Launch as Issuers Update S-1s With Fund Fees – Crypto News
-
Technology3 days ago
Oppo K13 Turbo series confirmed to launch in India with in-built fan technology: Price, specs and everything expected – Crypto News
-
others3 days ago
XRP NIGHT Token Airdrop: Snapshot, Claim Date and What to Expect? – Crypto News
-
Metaverse1 week ago
How AI can weave a future for Kashmir’s centuries old carpet industry – Crypto News
-
De-fi1 week ago
ETH Unstaking Queue Hits Record High, Led by Justin Sun-Linked Addresses – Crypto News
-
others7 days ago
‘Sit Tight With Bitcoin’ Robert Kiyosaki Predicts Great Depression 2.0 – Crypto News
-
Business7 days ago
Ethereum Breaks $3,900 as SharpLink Makes Another $295M ETH Purchase – Crypto News
-
Technology7 days ago
Solayer Launches USDC-Powered Hotel Booking Platform To Give Crypto Travel a Boost – Crypto News
-
Business7 days ago
Breaking: US SEC Delays Launch Of Truth Social’s Bitcoin ETF And Grayscale’s Solana ETF – Crypto News
-
Technology5 days ago
Breaking: BlackRock’s Ethereum ETF Staking Proposal Advances As SEC Acknowledges Filing – Crypto News
-
Cryptocurrency5 days ago
Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 – Crypto News
-
Technology5 days ago
Coinbase exchange targets alleged cybersquatter in lawsuit – Crypto News
-
others3 days ago
Breaking: Strategy Files $4.2 Billion STRC Offering To Buy More Bitcoin – Crypto News
-
Metaverse1 week ago
OpenAI finally rolls out ChatGPT Agent after week-long delay: How it works – Crypto News
-
Cryptocurrency1 week ago
Tea App That Claimed to Protect Women Exposes 72,000 IDs in Epic Security Fail – Crypto News
-
Technology1 week ago
Indias startup wave merges AI with tradition for smarter daily solutions – Crypto News
-
Cryptocurrency7 days ago
ZK breakthroughs, onchain comebacks and stablecoin shakeups – Crypto News
-
others6 days ago
EUR/USD dives as the US Dollar outperforms with all eyes on the Fed decision – Crypto News
-
Technology5 days ago
Spotify hits 276M subscribers and strong user growth in Q2, but revenue and profit fall short of targets – Crypto News
-
Technology5 days ago
Ethereum Price Prediction- Bulls Target $5,400 Amid DeFi Revival and Soaring TVL – Crypto News
-
others4 days ago
Ripple Swell 2025: Top Speakers and Panelists to Watch this November – Crypto News
-
De-fi3 days ago
White House Crypto Report Recommends Expanding CFTC’s Role in Crypto Regulation – Crypto News
-
Technology3 days ago
Solana DEX volume dips 20% after co-founder slams meme coins – Crypto News
-
Technology3 days ago
Coinbase to Offer Tokenized Stocks and Prediction Markets in U.S. – Crypto News
-
others3 days ago
Canadian Dollar under pressure amid weak GDP, Trump tariff threat, and strong US data – Crypto News
-
Technology3 days ago
Tim Cook confirms Apple will ramp up AI spending, ‘open’ to acquisitions – Crypto News