Crypto Exchanges in South Korea to Pay $220,000 in New Supervisory Fees

Big news! South Korea’s latest regulatory changes are set to impact major cryptocurrency exchanges like Upbit and Bithumb. Under the updated regulations, these platforms will now be required to pay supervisory fees, which could pose challenges for some exchanges. Overview of New Fees In the latest move towards crypto regulations, the Financial Services Commission announced … source: https://coinpedia.org/news/crypto-exchanges-in-south-korea-to-pay-220000-in-new-supervisory-fees/