Cryptoknowmics
2023-02-15 07:30:27

After U.S. Crackdown, Korean Regulators Probe Local Crypto Staking Services

Following the recent enforcement actions taken by the U.S. Securities and Exchange Commission (SEC), it is rumored that the financial regulators in South Korea intend to examine cryptocurrency staking services offered by local exchanges. Quick facts: South Korean authorities told News1 that local crypto-staking services will be examined because of international scrutiny of these services. The duration of their investigation was not made public. The SEC’s crackdowns on staking services and crypto-related products, which the agency claims are unregistered securities, followed South Korea’s investigation into its local sector. After the Securities and Exchange Commission (SEC) said that Kraken had broken The post After U.S. Crackdown, Korean Regulators Probe Local Crypto Staking Services appeared first on Cryptoknowmics-Crypto News and Media Platform .

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