Crypto Exchanges Weep as FSC Deadline Approaches

by Aurelia Butler 13 September 2021, 12:30 159 Views

South Korea’s financial regulator — the Financial Services Commission (FSC), has set a deadline for all crypto exchanges operating in the country. The deadline is set for September 24.

In light of this new deadline, many crypto exchanges are unable to meet the FSC’s requirements. Hence, it seems that over 24 crypto exchanges have decided to close shop instead.

In most cases, meeting these requirements needs more time. To combat this, some crypto exchanges are limiting their offerings. For instance, Huobi Korea cut its support in the region about a month ago.

Meanwhil…

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Source: Cryptocurrency - investing.com

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Crypto Exchanges Weep as FSC Deadline Approaches

House Democrats propose extending expanded child tax credit through 2025. Advocates hope it's a step toward making it permanent

Op-ed: Here’s the financial impact of the NCAA permitting college athletes to profit off their name, image and likeness

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