September 16, 2021
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Cryptocurrency Exchanges in South Korea to Be Classified as Highly Risky
Brunei sees record COVID-19 cases after first local infections in 15 months
US has opportunity to establish stronger economic ties with Laos
Bangladesh ends a strict lockdown even as cases rise.
Stocks Set Another Record as Trading Range Narrows: Markets Wrap
Vietnam concerned over vaccine supply as COVID-19 cases near record
China Warplane Fleet Enters Taiwan’s Air Defense Zone After Two-Month Lull – Newsweek
Fair Work Ombudsman suggests Australian employers could force certain workers to get Covid jab
Cambodia starts vaccine booster drive to shore up COVID-19 defence
Michelin Adds 12 Eateries to Singapore Value-for-Money List – Bloomberg
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Cryptocurrency Exchanges in South Korea to Be Classified as Highly Risky Brunei sees record COVID-19 cases after first local infections in 15 months US has opportunity to establish stronger economic ties with Laos Bangladesh ends a strict lockdown even as cases rise. Stocks Set Another Record as Trading Range Narrows: Markets Wrap Vietnam concerned over vaccine supply as COVID-19 cases near record China Warplane Fleet Enters Taiwan’s Air Defense Zone After Two-Month Lull – Newsweek Fair Work Ombudsman suggests Australian employers could force certain workers to get Covid jab Cambodia starts vaccine booster drive to shore up COVID-19 defence Michelin Adds 12 Eateries to Singapore Value-for-Money List – Bloomberg
Aug
2021
12

Cryptocurrency Exchanges in South Korea to Be Classified as Highly Risky

South Korea continues to enforce stricter rules on the cryptocurrency space with the latest legislation to classify exchanges as high-risk entities. The move comes as the Asian country aims to enhance the monitoring of financial transactions and user ID verifications. The Korea Times reported that the Financial Services Commission (FSC), South Korea’s financial watchdog, has implemented a new classification on cryptocurrency exchanges. According to the new legislation, trading venues will be placed in the same category as other high-risk organizations.…
May
2021
29

Officials of South Korea’s Watchdog Have to Report Crypto Holdings by May 7

South Korea continues to reaffirm its grip on crypto regulations as the country’s regulator has ordered all of its officials to report their digital asset holdings. Additionally, the nation’s Financial Minister said that South Korea will “inevitably” impose taxes on gains from virtual asset trading next year. FSC Employees to Report Crypto Investments The East Asian country has been discussing various cryptocurrency regulations for the past few years. Most recently, South Korea’s Financial Services Commission asked financial companies to monitor…
May
2021
20

South Korea to Impose Hefty Fines on Crypto Exchanges for Failing to Comply with AML Rules

South Korea’s financial regulator, the Financial Services Commission (FSC), has announced new possible penalties for cryptocurrency exchanges based or operating in the country if they fail to comply with existing anti-money laundering (AML) rules. New Penalties for Crypto Exchanges in South Korea According to the FSC’s statement from earlier today, the newly-announced initiative will affect all virtual asset service providers (VASPs), including digital asset exchanges. The revision proposal for the supervisory regulation is scheduled to become effective on March 25th,…