Kind of different nations will observe swimsuit. It could be useful if nations tried to control service suppliers like exchanges greater than people.
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Yeah they are talking about separating exchange funds and customer funds . It is better for everyone in the spectrum .
Makes sense to me
>Another significant amendment to the Digital Assets Law is that **cryptocurrency trading platforms will not be able to arbitrarily seize their users’ deposits** once they have been sent to a custodian institution
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Every country should straight up just do this
tldr; South Korean authorities are proposing new amendments to the Digital Assets Bill seeking greater control over cryptocurrency exchanges. The country’s Financial Services Commission and Financial Supervisory Service will be able to supervise and inspect cryptocurrency projects and exchanges to protect investors from million-dollar losses such as those caused by Terra LUNA and FTX.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
seems like a good idea – you can be a bank or the stock market, but you can’t be both!
As long as they don’t change their framework on gochujang we’re fine
Good development.