More than 25+ South Korean cryptocurrency exchanges abide by new regulations

    In an act to regulate the crypto world in South Korea, the Financial Services Commission (FSC) of Korea directed cryptocurrency exchanges to get certified by the Korean Internet and Security Agency (KISA) to resume functioning after September 24. The cryptocurrency exchanges were needed to accomplish specific demands to resume authorized operating in the nation. Out…

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    Mexico warns of risks, doesn’t consider crypto as money

      On Monday, financial authorities in Mexico told that crypto assets aren’t legal tender and aren’t considered currencies under current laws. The authorities further cautioned financial institutions that operate with them are subject to sanctions. The joint statement by banking regulators, the Bank of Mexico and the the Bank of Mexico after Ricardo Salinas Pliego, a…

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