News list for " byung"
Kim Byung-hwan, chairperson of South Korea's Financial Services Commission (FSC), said he plans to announce his position on allowing businesses to invest in virtual assets (cryptocurrencies) as soon as possible, while also expediting preparations for the stablecoin regulatory system and the second phase of legislation.
According to News1, Kim Byung-hwan, chairperson of the South Korean Financial Commission, said on allowing legal persons to invest in virtual assets: "The content of the legal person account was omitted from the press release issued by the Virtual Asset Commission (meeting) last week. So there is speculation whether it will not be advanced, but it is not the case. Since the committee has discussed the relevant content before, we will determine the position and announce it as soon as possible." H...
According to a court verdict, South Korea's Supreme Court rejected the appeal of former Fantom CEO Byung-IkAhn for lack of evidence. The case originated from Sik Sin's failure to fulfill a service agreement with Fantom, including technology implementation and the application of Fantom technology to the Korean food technology industry.
On October 16th, South Korean lawmaker Min Byung-deok plans to criticize AVAIL tokens in an upcoming parliamentary audit, calling it the "second hamburger coin". "Hamburger coins" refer to foreign cryptocurrencies listed on Korean exchanges, which are often subject to regulatory loopholes and investor protection issues. MP Min Byung-deok has asked financial regulators to provide data on suspicious trading of AVAIL tokens on cryptocurrency exchange Bithumb. He is investigating the token's post-li...
Kim Byung-hwan, chairperson of the Financial Commission of South Korea, said that the virtual asset market monopoly phenomenon centered on Upbit will be reviewed. During the national affairs supervision of the National Assembly Affairs Committee, Kim Byung-hwan responded to lawmakers' questions about the monopoly structure of Upbit, noting that a comprehensive review will be carried out through the Virtual Asset Committee.
