Korea’s Financial Watchdog to Join Crypto Exchange UPbit Investigation

Korea’s Financial Watchdog to Join Crypto Exchange UPbit Investigation

The Financial Supervisory Service (FSS) of South Korea has joined the investigation into the country’s largest cryptocurrency exchange UPbit. FSS will assist the Korean Financial Intelligence Unit (KIU) and Financial Services Commission (FSC) in evaluating the balance sheet of UPbit and existing regulations on cryptocurrency exchanges. Liquidity Issue Earlier this week, CNBC’s Ran Neuner reported … Continued

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As SEC Debates Whether Cryptocurrencies Are Securities, Initiative Seeks to Distance XRP from Ripple

The world’s third-largest cryptocurrency is about to get a makeover, at least if one supporter gets his way. Earlier this week, Alexavier Guzman unveiled XRP Symbol, an open-source quest to find a new logo for XRP — and assign it a Unicode-compliant currency sign. Guzman explained in a Forbes op-ed that he was prompted to … Continued

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