South Korea Tightens Grip on Crypto Exchange Owners
South Korean authorities are expanding their scrutiny to include shareholders of major exchanges like Bithumb and Upbit to ensure compliance with local laws.
This move aims to prevent unlawful activities by owners that could potentially harm both the platform and its users.
Previously, only exchange representatives were under legal scrutiny, but now the government seeks to strengthen oversight and close any legislative gaps.
Previously, only exchange representatives were under legal scrutiny, but now the government seeks to strengthen oversight and close any legislative gaps.
