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S. Korean Watchdog Says $7.2B Transfered Overseas Mainly Through Crypto Exchanges: Report

CoinDesk LogoCoinDesk1w ago

S. Korean Watchdog Says $7.2B Transfered Overseas Mainly Through Crypto Exchanges: Report - CoinDesk

Quick Summary:

South Korea's financial watchdog found that since June there have been $7.2 billion abnormal foreign exchange transactions, most of which were transferred through cryptocurrency exchanges, Bloomberg reported on Thursday.

South Korea's financial watchdog found that since June there have been $7.2 billion "abnormal" foreign exchange transactions, most of which were transferred through cryptocurrency exchanges, Bloomberg reported on Thursday.

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period.


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Article Details

Author / Journalist: Camomile Shumba

Category: Crypto

Topics: Crypto South Korea

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-22, 09:13:37

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Reading Time: 3 minutes read

Article Length: 505 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 465828

View Article Analysis

About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 30 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #8

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