Korea Seeks to Ease Fintech Ownership, Crypto Regulations

(Courtesy of Getty Images) South Korea’s top financial regulator has proposed easing restrictions on ownership of financial holding companies in fintech platforms from the current 5% to 15%, a first such since the ownership limit was introduced in 2000. The Financial Services Commission (FSC) is also considering allowing businesses and unincorporated organizations to trade cryptocurrencies…

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$200,000 lost in Bruce County crypto scams

Over the past four months, cryptocurrency scammers have stolen more than $200,000 from southern Bruce County residents. From unsolicited malware offering technical assistance for crypto payments to people being duped by fraudulent online crypto companies, digital currency scammers are preying on Bruce County residents. “We also see job scams where people are offering work from…

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