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Financial Services Commission

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...
South Korea: 16 arrested over alleged illegal digital assets-linked forex transactions
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4 September, 2022

South Korea: 16 arrested over alleged illegal digital assets-linked forex transactions

South Korea sees a nearly 10% rise in illegal forex transactions tied with digital assets this 2022, forcing authorities to...
South Korea: FSC takes action against 16 unregistered foreign digital asset exchanges
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23 August, 2022

South Korea: FSC takes action against 16 unregistered foreign digital asset exchanges

The FSC said that the unregistered exchanges were brought to its notice by its sub-unit responsible for overseeing the registration...
South Korea: Financial authorities to review digital asset legislation
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17 August, 2022

South Korea: Financial authorities to review digital asset legislation

Financial Services Commission Chair Kim Joo-hyun said the commission will maintain a balance that fosters innovation in blockchain development while...
South Korea looking to tighten supervision of digital currency exchanges
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31 May, 2022

South Korea looking to tighten supervision of digital currency exchanges

The country's parliament plans to introduce laws that will increase the supervision of digital currency exchanges, as discussed during a...
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