News list for " byun"
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.
Byun Young-oh, CEO of South Korean tech company Wacon, has been arrested on suspicion of planning an ETH-related cryptocurrency scam. The Seoul Central District Prosecutors' Office will indict Byun and another suspect, Yeom, for fraud. The MainEthernet wallet service operated by Wacon will not be able to withdraw cash normally in the summer of 2023. When Byun met with investors last November, it said it would refund the money to investors, saying "it will take only four months to resolve all iss...
On August 12, Byun Young-oh, CEO of South Korea's Wacon company, was arrested on suspicion of Ethereum-related cryptocurrency fraud. The Seoul Central District Prosecutor's Office will indict Byun and another suspect, Yeom, for fraud. The MainEthernet wallet service operated by Wacon had difficulty withdrawing cash in the summer of 2023. Prosecutors believe it was a multi-level marketing scam scheme worth hundreds of billions of won, with about 500 victims, mainly the elderly. Byun had promised ...
OKX executives Tim Byun and Wei Lan left the cryptocurrency exchange. Tim Byun served as the CEO of Okcoin for two years and later became the head of global government relations at OKX; Wei Lan was the head of product at the exchange.
OKX高管Tim Byun和Wei Lan离职加密货币交易所，Tim Byun在Okcoin担任首席执行官两年，后来成为OKX全球政府关系主管；Wei Lan是该交易所的产品负责人。
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