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Korea Exchange to Scrutinize Crypto-related Stocks
Summary: South Korea’s securities exchange operator Korea Exchange (KRX) will step up its monitoring of crypto-related stocks after a volatile few weeks for listed companies with links to the crypto industry. Although no South Korean crypto exchange has yet gone public, a number of firms with crypto companies on their portfolios are listed on the KRX ...
South Korea’s securities exchange operator Korea Exchange (KRX) will step up its monitoring of crypto-related stocks after a volatile few weeks for listed companies with links to the crypto industry. Although no South Korean crypto exchange has yet gone public, a number of firms with crypto companies on their portfolios are listed on the KRX and in recent weeks have seen prices soar alongside rocketing crypto prices.The KRX’s Market Oversights Committee will now begin “scrutinizing”crypto-linked stocks. At least six crypto business-linked firms have been put under scrutiny from the regulator, which has the power to sanction, fine and even delist offenders.
By Amy Liu
Tags: Crypto,Korea Exchange,Stocks
Link: Korea Exchange to Scrutinize Crypto-related Stocks [Copy]
