cryptocurrencies
Crypto regulations

FIU’s Notice Against Foreign Crypto Exchanges Sparks Surge in Deposits in India

The cryptocurrency market is shambling due to legal notices sent to some leading crypto exchange platforms by FIU (Financial Intelligence Unit India). According to CoinDCX, within a week of the notice being issued, they have observed an increase of 2,000% in cryptocurrency deposits. On the other hand, Mudrex has recorded deposits worth over $1 million…

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…