Sentences with phrase «korea financial investors»

This has been revealed by a new study carried out in Seoul by Korea Financial Investors Protection Foundation.

Earlier this month, Korea Financial Investors Protection Foundation cited findings that 22.7 percent of young people in their 20s admitted to having purchased virtual currency: a number eerily similar to the survey in question.

Not exact matches

Several prominent cryptocurrency investors, including Hashed, South Korea's largest cryptocurrency fund, participated in the round, with SureRemit saying the fund's decision to join in SureRemit's pre-sale ICO signalled growing interest in the potential for cryptocurrency to further alleviate remittance challenges in emerging markets where recipients remain largely disconnected from financial markets.

Cryptocurrency investors in South Korea will be fined for refusing to convert their virtual accounts into real - name ones, financial authorities said Sunday.

According to a new announcement from the Financial Services Commission (FSC), starting from Jan. 30, cryptocurrency investors in South Korea will have to use real - name bank accounts in order to continue trading.

Still, despite the concerns over investor protection by the FSC, several sources within the government told The Korea Times that local financial authorities are attempting to authorize domestic ICOs by enabling strict Know Your Customer (KYC) and Anti-Money Laundering (AML) systems, as well as a taxation policy for investors.

For many weeks, the majority of South Korean investors in both the traditional finance sector and cryptocurrency market have been outraged by insider trading initiated by government officials working for the South Korea Financial Services Commission.

yro.slashdot.org - An anonymous reader shares a report: Cryptocurrency investors in South Korea will be fined for refusing to convert their virtual accounts into real - name ones, financial authorities said Sunday.

Cryptocurrency investors now have peace of mind as the head of South Korea's financial regulator, and watchdog has said that authorities will support cryptocurrency trading.