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Bitcoin World 2024-10-24 12:46:31

Korea’s FSS Addresses Interest Rate Competition on Crypto User Deposits

Korea’s FSS Addresses Interest Rate Competition on Crypto User Deposits In a significant regulatory move, Lee Bok-hyun, governor of South Korea’s Financial Supervisory Service (FSS), addressed the escalating competition over interest rates on user deposits among local cryptocurrency exchanges during a parliamentary audit. This discussion comes in the wake of the implementation of the Virtual

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