11-22-2024 
Financial Services Commission
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18 November, 2021
‘Know-the-sender’ rule sparks heated debate in South Korea parliament
The rule would require all businesses to verify and report the identity of any user that sends them digital currencies,...
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9 November, 2021
South Korea will not regulate NFTs, financial watchdog says
South Korea’s Financial Services Commission is taking a cue from the Financial Action Task Force, which recently said NFTs are...
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1 October, 2021
South Korea bans exchange staff from trading their own tokens
The Financial Services Commission in South Korea has issued a decree that bars staff members of any digital currency exchange...
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1 September, 2021
South Korea creates new digital currency oversight bureau
The new bureau will fall under the anti-money laundering agency and will monitor the industry for any suspicious transactions and...
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7 August, 2021
South Korea to shut down 11 local digital currency exchanges: report
The Financial Services Commission reportedly plans on denying 11 local exchanges approval to serve the South Korean market as it...
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27 July, 2021
South Korea warns foreign exchanges to register by Sept 24 or risk being shut down
Under the Specific Financial Information Act, any exchange operator that continues to operate past the deadline without registering is liable...
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