132 days ago
South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance and safeguard crypto assets, with severe penalties for violations, including life imprisonment for profiting over five billion won illegally. South Korea’s Financial
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Source: Bitcoin.com
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Regulation Crypto Cryptocurrency Exchanges Financial Supervisory Service illegal practices inspection Regulations South Korea virtual assets
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Binance Futures Delists USD-M REEF USDT Perpetual Contract and Introduces Leverage Margin Tier Updates
Binance Futures Delists USD-M REEF USDT Perpetual Contract, Updates Leverage Margin Tiers ————— ????Coin: REEF ( $REEF ) $0.0009094 ————— NFA. Bitcoin.com
JUST IN! Binance Announced That It Would Delist This Altcoin, The Price Dropped Sharply!
Binance, the world`s largest cryptocurrency exchange, started the day with an altcoin announcement. At this point, Binance announced that it will delist the altcoin REEF from futures. “Binance Futures will close all positions in the REEF/USDT perpetual contract and perform an automatic settlement on 2025-01-22 09:00 (UTC). Once the settlement is complete, the REEF/USDT contract will be delisted. Users are advised to close open positions before the exchange exit time to avoid automatic closing. Users will not be allowed to open new positions for the REEF/USDT contract as of 2025-01-22 08:30 (UTC).” After the Binance announcement, REEF price dropped by 15%. *This is not investment advice. Continue Reading: JUST IN! Binance Announced That It Would Delist This Altcoin, The Price Dropped Sharply! Bitcoin.com
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