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Cryptorank

Category Financial Services Commission

South Korea proposes vetting process for crypto executives to strengthen oversight

South Korea proposes vetting process for crypto executives to strengthen oversight

The Financial Services Commission (FSC) has announced proposed amendments requiring crypto company executives to secure regulatory approval before ...
South Korea Regulator Holds Firm Stance Against Crypto ETFs Approval

South Korea Regulator Holds Firm Stance Against Crypto ETFs Approval

Source: AdobeStock While the US has finally approved a decade-long wait for Bitcoin exchange-traded funds (ETFs), South Korea still stands firm in ...
South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards

South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards

The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset e...
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities

Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities

According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a m...
South Korea Is Developing Phase 2 Of Virtual Asset User Protection Act

South Korea Is Developing Phase 2 Of Virtual Asset User Protection Act

South Korea's Financial Services Commission (FSC) is making significant strides in the regulation of cryptocurrencies by developing a stablecoin re...