Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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The Korean Financial Supervisory Service plans to formulate comprehensive guidelines for virtual asset issuance, circulation, and online standards, which have been basically completed.
2024-01-08 07:25
Odaily News South Korea’s Financial Supervisory Service is formulating comprehensive guidelines for virtual asset issuance, circulation, and online standards. The leader of the Digital Asset Research Group of the Financial Supervisory Service said that it has been cooperating with the exchange for about half a year and the guidelines have been basically completed. It added: Since the law is being drafted for the first time, various market characteristics must be taken into account, such as the existence of multiple markets and the difference between the Korean local market and the global market. (Hankyung)