
Financial Services Commission
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19 January, 2023
Paycoin in a race to secure banking partnership after South Korea license suspension
Paycoin, whose token is used in South Korea for payments, was ordered to secure a bank partner or have its...
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15 December, 2022
South Korean regulators mull over new listing procedure following WEMIX’s delisting
Both the Financial Services Commission (FSC) and the Financial Intelligence Unit (FIU) are pushing for the listing of new tokens...
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28 November, 2022
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...
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26 November, 2022
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...
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23 November, 2022
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...
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3 November, 2022
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...