South Korean regulator to investigate CEX trading fees to study potential fee reduction measures

Odaily News South Korea's Herald Economy reported on June 19 that the Financial Services Commission (FSC) will launch an investigation into the fees charged by local trading platforms and study possible intervention measures. The move is part of the overall pro-crypto policy of South Korea's new President Lee Jae-myung. According to reports, Lee Jae-myung promised to reduce cryptocurrency trading fees during his presidential campaign to support young investors. The FSC plans to conduct a comprehensive survey of the current fee system, charging methods and amounts charged by various trading platforms. (Cointelegraph)