Latest Financial Services Commission News

Business 6 November 2020

South Korean regulator to ban privacy coins in 2021

Digital currency service providers in South Korea will no longer be able to support digital assets that present high money laundering risks—notably privacy-centric dark coins—starting March 2021.

Business 27 September 2019

2 crypto Ponzi schemes flagged in Mauritius

The financial regulator of Mauritius has issued a fresh warning to investors, highlighting concerns over two alleged crypto Ponzi schemes in the country.

Business 13 March 2018

South Korea’s ICO ban may soon be relaxed

The ban could be lifted in some as-yet undefined circumstances, allowing some token issues to go ahead where they meet new criteria, according to reports.