Korea crypto news – The Shib Daily

South Korean Crypto Alliance DAXA Reveals Token Review Guidelines Under New Investor Protection Law

July 4, 2024

The Digital Asset Exchange Association (DAXA), an industry body comprising five major South Korean exchanges, has revealed the details of its proposed assessment of 1,333 digital assets spanning six months in compliance with South Korea’s new investor protection laws, which will be enforced starting

Community·Markets·Policy

Altcoin Delisting Rumors Spark Investor Panic, Korean Exchanges See Double-Digit Drops

June 21, 2024

Fueled by unsubstantiated rumors of a government crackdown, South Korea’s cryptocurrency market experienced a significant downturn this week. Major altcoins (alternative coins) witnessed double-digit price drops, rattling investor confidence and causing a ripple effect across domestic exchanges. The panic selling began after reports surfaced online, alleging that the Financial Services Commission (FSC), the country’s financial