South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges

Bosses of cryptocurrency exchanges that fail to register with South Korea’s top financial regulator may soon face jail time. Earlier on Thursday, the National Assembly’s Amendment Subcommittee on Parliamentary Affairs passed a legal amendment to the still-in-development Special Financial Transactions…

Seed CX begins testing physically settled bitcoin margin swaps, expects to go live ‘within the next three months’

Cryptocurrency exchange Seed CX’s subsidiary, Seed SEF (swap execution facility), has started user acceptance testing of its physically-settled bitcoin margin swaps, a type of derivative contract in which two parties typically trade a financial instrument over-the-counter and with customized features.…