
Financial Services Commission
South Korea digital asset market hits $46B in 2021 as profits surge to $2.8B: FSC
The FSC’s first-ever comprehensive survey also showed that the daily transaction volume hit $9 billion as the number of traders...
South Korean regulator wants ICO ban reversed
The vice chair of the Financial Services Commission has asked the National Assembly in South Korea to reverse the ICO...
‘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,...
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...
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...
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...