Major crypto exchanges, including Upbit and Bithumb, are on track to meet the new requirements, local media reported.
In the guidelines titled “Virtual Asset Real-Name Account Operation Guidelines,” the banking association asked crypto exchanges to set aside at least 3 billion won or the equivalent of 30% of their daily average deposits in reserves so that they can “fulfill their liability for damages to users” should a risk event occur. The size of such funds will be capped at 20 billion won, according to the guidelines.legislation to better protect crypto investors.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
South Korean protesters call for government action on Fukushima water By ReutersSouth Korean protesters call for government action on Fukushima water
Weiterlesen »
South Korean protesters call for government action on Fukushima waterProtesters gathered in the capital of South Korea on Saturday to demand that the government take steps to avoid what they fear is a looming disaster from Japan's release of treated radioactive water from the Fukushima nuclear power plant.
Weiterlesen »
Science News Briefs from around the World: September 2023Ancient poop pathogens in Israel, Peru’s millennia-old El Niño preparations, a halt to Icelandic whale hunting, and much more in this month’s Quick Hits
Weiterlesen »
| Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean AttacksBoth Roman Semenov and Roman Storm were charged; Storm was arrested.
Weiterlesen »
XRP Sustains Demand on Korean Crypto Exchanges: DetailsXRP was up 1.40% in last 24 hours to $0.521
Weiterlesen »
Mavs' Luka Doncic Woken Up by North Korean Missile Alert Sirens in JapanDallas Mavericks star Luka Doncic was woken up by North Korean missile alert warnings while resting before the FIBA championships in Japan.
Weiterlesen »