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Financial Services Commission
New bill wants South Korean exchanges to compensate users for sudden halt in withdrawals
The Financial Services Commission supports a new bill that will require exchanges to compensate users if they halt withdrawals as...
South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets
The Financial Services Commission is hinging its argument on the grounds that digital assets is an umbrella term covering virtual...
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
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
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
It appears that the FSC is making a U-turn and has announced that it will promote the use of digital...
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