
Financial Services Commission
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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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16 July, 2021
South Korea FSC: Overseas exchanges must register with AML body
The head of the Financial Services Commission said that these exchanges must comply with the revised laws that requires exchanges...
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7 July, 2021
Digital currency exchanges threaten to sue South Korea gov’t over regulatory ‘buck pass’
New rules being implemented by the Financial Services Commission are reported to be causing significant worries for smaller digital currency...
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18 June, 2021
Bank digital currency clients to be considered ‘high risk’ in latest South Korea crackdown
The new rules will impact on some 60 unauthorized exchanges in the country, as well as forcing banks to regard...
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10 June, 2021
South Korea exchanges protest after regulator bans cross trading
In its latest, aside from banning cross trading activities, the Financial Services Commission has ordered the exchanges to store at...