South Korea's Financial Services Commission is pushing for stricter governance and ownership limits on virtual asset exchanges, emphasizing their role as public infrastructure amid ongoing legislative delays and industry pushback.
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#FinancialServicesCommission #VirtualAssetExchange #DigitalAssetBasicAct #OwnershipLimit #Governance
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102448

Bithumb, a major virtual asset exchange, announces plans for corporate split to enhance focus on exchange operations and new business ventures, with a 56:44 split ratio set for July 31.
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https://en.infomaxai.com/news/articleView.html?idxno=59659

Woori Bank intensifies efforts to partner with Upbit for real-name accounts, driven by concerns over K-Bank's future and potential market shifts in virtual asset trading.
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https://en.infomaxai.com/news/articleView.html?idxno=57859

South Korea's financial regulator imposes 3-month partial business suspension on Upbit operator Dunamu for compliance violations, affecting new user services
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https://en.infomaxai.com/news/articleView.html?idxno=52070

Coinone appoints COO Sung-hyun Lee as co-CEO to enhance competitiveness and adapt to virtual asset market changes, implementing a dual leadership structure
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https://en.infomaxai.com/news/articleView.html?idxno=51072