{"id":133938,"date":"2024-07-24T20:00:09","date_gmt":"2024-07-24T17:00:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133938"},"modified":"2024-07-24T14:48:33","modified_gmt":"2024-07-24T11:48:33","slug":"south-korea-regulator-targets-top-crypto-exchanges","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/south-korea-regulator-targets-top-crypto-exchanges\/","title":{"rendered":"South Korea Regulator Targets Top Crypto Exchanges"},"content":{"rendered":"

This action<\/a><\/strong>, taken on July 24, 2024, is part of a broader regulatory crackdown following the introduction of the Virtual Asset User Protection Act.<\/p>\n

The FSS\u2019s scrutiny comes after Bithumb raised its deposit fee from 2.2% to 4% per year, a move it later retracted. Other exchanges like Upbit and Korbit have also increased their fees since the Act\u2019s enforcement. The FSS is investigating whether these fee increases comply with the law\u2019s requirement for \u201creasonable\u201d fees.<\/p>\n

The meeting aimed to clarify how fees are calculated and to address disputes over their fairness. Exchanges were asked to provide detailed information on their fee structures and deposit practices.<\/p>\n