Coinbase is launching a UK savings account product powered by Clearbank that will be available to some users in the UK from November 11. According to Coinbase, this Coinbase savings account will allow eligible UK users to earn an annualized variable rate (AER) of 3.75% on their sterling savings balance, with interest paid daily; the account supports instant deposits and withdrawals, with no minimum balance requirements and no lock-up period. In addition, the Coinbase savings account...
Coinbase正推出一款英国储蓄账户产品,该产品由Clearbank提供技术支持,将于11月11日起率先向英国部分用户开放。 据Coinbase介绍,这款Coinbase储蓄账户将允许符合条件的英国用户,为其英镑储蓄余额赚取3.75%的年化浮动利率(AER),利息按日支付;账户支持即时存取款,且无最低余额要求,也不设锁定期。 此外,Coinbase储蓄账户...
Kim Byoung-hwan, chairperson of South Korea's Financial Services Commission (FSC), announced that the regulator will soon make a decision on whether to impose sanctions on Upbit, a crypto exchange that failed to meet customer authentication requirements. The decision follows an inspection launched by the FSC's Financial Intelligence Analysis Unit (FIU) at the end of August last year as part of the renewal process for Upbit's Virtual Asset Service Provider (VASP) license. During the inspection, i...
Kim Byung-hwan, chairperson of South Korea's Financial Services Commission (FSC), said he plans to announce his position on allowing businesses to invest in virtual assets (cryptocurrencies) as soon as possible, while also expediting preparations for the stablecoin regulatory system and the second phase of legislation.
South Korea's Financial Services Commission (FSC) has reported its first case of unfair trading under the Virtual Asset User Protection Act, which came into effect in July 2024 and requires local virtual asset service providers (VASPs) to report unusual trading and investigate unfair trading patterns. According to the FSC, the suspect used a "pump and dump" technique to manipulate the market, artificially inflating the price of a cryptocurrency by initiating multiple payers, and then selling a l...
South Korea's Financial Services Commission (FSC) held its second virtual asset committee meeting on January 15, suspending a decision on corporate cryptocurrency trading accounts. Kim So-young, vice chairperson of the FSC, said that after 12 subcommittee and working group discussions, the relevant policy review is nearing completion. The meeting focused on the implementation of the second phase of the Cryptocurrency Investor Protection Law, which involves regulatory requirements such as issuanc...