South Korean Regulators Refer First Crypto Manipulation Case Under New Law to Prosecutors

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South Korean Regulators Refer First Crypto Manipulation Case Under New Law to Prosecutors In a significant development for the cryptocurrency industry, South Korean financial regulators announced on November 1 that they have completed their investigation into a cryptocurrency price manipulation case, according to the Herald Economy.

As global regulatory bodies observe the outcomes of South Korea’s initiatives, there may be a trend towards harmonized regulations aimed at mitigating risks associated with virtual assets.

Building on the success of the VAUPA, South Korean regulators are expected to introduce additional measures aimed at further enhancing market surveillance and preventing fraudulent activities.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaSouth Korea

Topics: Crypto News SOUTH KOREA

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 05:46:55 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1037 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23361664

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Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 9 hours ago

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