
Financial Supervisory Service
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14 December, 2022
WEMIX loses delisting battle in court against South Korean exchanges but promises to continue the fight
Wemade insists it will not back down after a South Korean court sided with DAXA in delisting WEMIX from exchanges...
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22 September, 2022
South Korean financial institutions may bear brunt of new US digital asset control measure
South Korea doubles down on efforts to track the origins of illegal virtual currency transactions as the U.S. warns of...
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19 September, 2022
South Korea: Digital assets can be subjected to securities law
Financial Supervisory Service Governor Lee Bok-hyun argued that caution should be exercised in passing judgments on whether or not a...
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4 September, 2022
South Korea: 16 arrested over alleged illegal digital assets-linked forex transactions
South Korea sees a nearly 10% rise in illegal forex transactions tied with digital assets this 2022, forcing authorities to...
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30 July, 2022
South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions
The Financial Supervisory Service has discovered KRW1.6 trillion ($1.2 billion) of forex transactions at five Woori Bank branches. Another KRW2.5...
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21 May, 2022
South Korea reinstates investigative unit ‘Grim Reapers of Yeoui-do’ to investigate Terra
The unit is a joint financial and securities crime investigation team from the Financial Services Commission and the Financial Supervisory...
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