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Financial Services Commission

South Korea FSC: Overseas exchanges must register with AML body
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16 July, 2021

South Korea FSC: Overseas exchanges must register with AML body

The head of the Financial Services Commission said that these exchanges must comply with the revised laws that requires exchanges...
Digital currency exchanges threaten to sue South Korea gov’t over regulatory ‘buck pass’
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7 July, 2021

Digital currency exchanges threaten to sue South Korea gov’t over regulatory ‘buck pass’

New rules being implemented by the Financial Services Commission are reported to be causing significant worries for smaller digital currency...
Bank digital currency clients to be considered ‘high risk’ in latest South Korea crackdown
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18 June, 2021

Bank digital currency clients to be considered ‘high risk’ in latest South Korea crackdown

The new rules will impact on some 60 unauthorized exchanges in the country, as well as forcing banks to regard...
South Korea exchanges protest after regulator bans cross trading
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10 June, 2021

South Korea exchanges protest after regulator bans cross trading

In its latest, aside from banning cross trading activities, the Financial Services Commission has ordered the exchanges to store at...
South Korea regulator warns employees to file digital currency returns
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1 May, 2021

South Korea regulator warns employees to file digital currency returns

Employees of the Financial Services Commission who deal with digital currencies must file reports on their personal digital currency holdings.
South Korea new AML rules for digital currency comes into effect
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26 March, 2021

South Korea new AML rules for digital currency comes into effect

Senior officials in South Korea have approved measures that will introduce a raft of new anti-money laundering provisions for digital...
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