
Financial Services Commission
-
9 March, 2022
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...
-
3 December, 2021
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...
-
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,...
-
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...
-
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...
-
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...