Financial Services Commission

South Korea probes exchanges listing native tokens after FTX collapse
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23 November, 2022

South Korea probes exchanges listing native tokens after FTX collapse

South Korea’s Financial Services Commission is investigating exchanges that have listed their native tokens, with Flata exchange as the main...
South Korea to impose tougher punishments for digital asset fraud
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3 November, 2022

South Korea to impose tougher punishments for digital asset fraud

If the law scale through the legislative processes, it could bring the penalties for digital asset fraud to be at...
South Korea ‘crypto’ whales in financial regulator’s sights amid money laundering woes
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28 October, 2022

South Korea ‘crypto’ whales in financial regulator’s sights amid money laundering woes

South Korea is going hard on its efforts to monitor the digital asset industry as money laundering cases become rampant,...
South Korea’s financial watchdog declares support for digital assets amid crackdowns
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12 October, 2022

South Korea’s financial watchdog declares support for digital assets amid crackdowns

It appears that the FSC is making a U-turn and has announced that it will promote the use of digital...
Terra’s co-founder wants to withdraw from testifying in financial audit following Terra-LUNA collapse
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6 October, 2022

Terra’s co-founder wants to withdraw from testifying in financial audit following Terra-LUNA collapse

In a letter to South Korea's National Assembly, Daniel Shin said that local law enforcement agencies are investigating him for...
South Korea eyes total overhaul of security tokens amid talks on new regulatory regime
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12 September, 2022

South Korea eyes total overhaul of security tokens amid talks on new regulatory regime

South Korea's ambition to regulate the digital asset ecosystem is gaining ground as it looks to draft new legislation for...
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