Recommended

#BitcoinOnBTCC ：Celebrate 2024's Crypto Triumphs with Us, Every Day.
Crypto Deposit Make instant crypto transfers to your futures account
USDT-M Perpetual Futures Trade futures contracts settled in USDT
VIP Fee Discounts Enjoy different fee discounts based on your VIP level
Coin-M Perpetual Futures Trade futures contracts settled in cryptocurrency
Fiat Deposit Buy your favourite coins in seconds
Affiliates Invite friends & get rewarded
Convert Covert your crypto instantly
Support Centre Find our FAQs here
Announcements Find all our official announcements
BTCC Academy Learn about blockchain and crypto
News The latest trends in the crypto market

Promotions

Referral
Campaigns
Assets
Crypto Deposit
Fiat Deposit
Convert
Transfer
Withdraw
My vouchers
Fund history
Dashboard
Account Security
Identity verification
API Management
Transaction Report
Log out
Register
Report post
korean bitcoin exchange closed pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

Will South Korea's cryptocurrency exchanges shut down?

The majority of South Korea’s cryptocurrency exchanges will likely shut down by next Friday, as operators race to meet stringent new rules from the country’s financial watchdog. By Sept. 24, all exchanges operating in South Korea must obtain licenses from financial and Internet regulators.

Why did a bitcoin exchange in South Korea go out of business?

A bitcoin exchange in South Korea has gone out of business after being hacked, highlighting the perils of trying to cash in on this year's stunning boom in digital currencies. Seoul-based Youbit said it was filing for bankruptcy after cyber-thieves stole nearly a fifth of its clients' holdings in an attack Tuesday.

Are South Korea's bitcoin exchanges ready for strict regulatory frameworks?

South Korea’s largest Bitcoin and cryptocurrency exchanges Bithumb, Coinone, and Korbit are ready for the imposition of strict regulatory frameworks by the local government and financial authorities. Yesterday, Dec. 13, the South Korean government revealed the details of the emergency cryptocurrency meeting it had held on Dec. 12.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts

Exchange for a better future

Products
Services
Guides
About Us
Terms & Agreement
Customer Service
Social Media

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2024 BTCC.com. All rights reserved