Cryptocurrency Exchange B-VLOCK Completes Renewal Registration as Virtual Asset Service Provider
YM Lee
Summary
- B-VLOCK announced the completion of its VASP renewal registration.
- B-VLOCK became the second domestic exchange after ProVang to complete VASP registration.
- B-VLOCK revealed plans to expand through securing corporate accounts and transitioning to KRW-based trading.
Cryptocurrency exchange B-VLOCK announced on the 14th that it has completed its renewal registration as a Virtual Asset Service Provider (VASP) with the Financial Services Commission.
B-VLOCK is the second cryptocurrency exchange in Korea to complete VASP renewal registration following ProVang.
To operate a virtual asset business, companies must register with the Korea Financial Intelligence Unit (FIU) under the Financial Services Commission and renew this registration every three years.
B-VLOCK plans to expand its business through securing corporate accounts and transitioning to a KRW-based exchange.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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