
Financial Services Commission
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7 July, 2023
South Korea passes bill aimed at protecting consumers a year after Terra’s collapse
The latest bill comes with severe consequences for breachers but pundits claimed that the regulation is stuck in the perspective...
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21 May, 2023
In South Korea, a power tussle is brewing for right to regulate digital assets
Bank of Korea argues it has the right to access data of VASPs due to the risks tied to offering...
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28 April, 2023
South Korea digital currency bill sails through first legislative hurdle, launch date in view
The bill moved past the first legislative hurdle on April 25 after members of the National Assembly voted in its...
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26 April, 2023
Bank of Korea gets investigative power over digital asset operators as lengthy deliberations conclude
To promote transparency and protect users in the digital asset space, South Korea is giving its central bank the power...
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5 March, 2023
South Korea cracks down on voice phishing linked with digital currencies
The proposed amendments to the Telecom Fraud Damage Refund Act will include heightened monitoring of the asset class and the...
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10 February, 2023
South Korea broadens rules to determine which digital tokens are securities
The new rules are designed to "prevent potential violations of the law" and protect investors' interests, according to the Financial...