Sentences with phrase «korean financial investors»
The Korean Financial Investors Protection Foundation says that this group spent an average of 6.58 million won (US$ 6,161).
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Korean cryptocurrency investors and adopters who refuse to include their real names into their anonymous virtual trading accounts will be fined, financial authorities have reportedly said.
On Dec. 13, the South Korean government and its cryptocurrency task force formed by the Ministry of Strategy and Finance, Financial Services Commission, Ministry of Justice, Fair Trade Commission and Financial Supervisory Commission held an emergency meeting to discuss the state of the South Korean cryptocurrency market and draft regulations for both businesses and investors.
South Korean financial authorities said Sunday that cryptocurrency investors must change anonymous virtual accounts to ones attached to their identity or face penalties.
The South Korean government and local financial authorities have warned investors about the emergence of fake cryptocurrency and Bitcoin exchanges.
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.