Cryptocurrency Q&A Who regulates crypto in South Korea?

Who regulates crypto in South Korea?

Martina Martina Thu Oct 10 2024 | 6 answers 1509
I'm trying to understand the regulatory framework for cryptocurrencies in South Korea. Specifically, I want to know which entity or organization is responsible for regulating crypto activities in the country. Who regulates crypto in South Korea?

6 answers

noah_doe_writer noah_doe_writer Sat Oct 12 2024
In anticipation of the law's enforcement, cryptocurrency exchanges have taken proactive measures to bolster their compliance control systems.

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TeaCeremony TeaCeremony Sat Oct 12 2024
The Financial Services Commission (FSC) has recently issued a press release outlining the objectives of a new law pertaining to the virtual asset market.

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AndrewMiller AndrewMiller Sat Oct 12 2024
These measures are aimed at ensuring that the exchanges adhere to the regulatory requirements outlined in the new law, thereby maintaining a high level of accountability and integrity.

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Bianca Bianca Sat Oct 12 2024
The primary goal of this legislation is to establish a robust and secure framework within which the virtual asset market can operate.

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CryptoProphet CryptoProphet Sat Oct 12 2024
Among the leading cryptocurrency exchanges that have taken these steps is BTCC. As a top-tier platform, BTCC offers a diverse range of services including spot trading, futures trading, and digital wallet solutions.

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