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FSC
Crypto Crime Could Mean Jail for Life in South Korea
The new consumer protection rules will take effect in July 2024.
South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law
Further review and consideration regarding crypto ETFs is planned, the regulator says.
Taiwan Issues Crypto Guidance as It Steps Up Regulation
The guiding principles focus on customer protection and include requirements to custody client funds separately from company assets.
Taiwan’s Crypto Industry Welcomes Regulatory Announcement
The Financial Supervisory Commission’s chairman confirms the island’s top financial watchdog will regulate crypto.
South Korea Is Gearing Up to Institutionalize Security Tokens
The country's financial regulators plan to publish guidelines for security token issuance and distribution towards the end of 2022.
South Korea's Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration
Crypto exchanges KuCoin and Poloniex are among the foreign firms accused of conducting "illegal business activities" without proper registration, and could face fines or imprisonment.
Korea’s New FSC Chair Speaks, Axie Infinity to Work With Governments
South Korea’s new FSC chair speaks on crypto at a confirmation hearing. Axie Infinity developer says it’s willing to work with governments on tax. And in a Forkast exclusive, Antinalysis declares itself out and proud. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
South Korean Crypto Firms Must Disclose Users' Identities Under Planned Law Change
South Korea's top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers.
South Korean Financial Overseer Who Banned ICOs Abruptly Quits
During his tenure Chairman Choi Jong-ku took a hard line against ICOs but enacted some favorable policies towards blockchain businesses.
South Korea's Financial Watchdog Warns Investors Over Crypto Funds
South Korea's Financial Services Commission has warned the public to exercise caution when investing in cryptocurrency funds.
