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Financial Services Commission

South Korea imposes new supervisory fees on top exchanges
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10 August, 2024

South Korea imposes new supervisory fees on top exchanges

Upbit is expected to cough out the largest amount at nearly $103,000 in the Financial Services Commission’s new and unexpected...
South Korea’s first digital asset law comes into force after year of finessing
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22 July, 2024

South Korea’s first digital asset law comes into force after year of finessing

The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user...
South Korea to ban credit card purchases of digital assets
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9 January, 2024

South Korea to ban credit card purchases of digital assets

The move is aimed at curbing illegal outflow of investment and money laundering as Koreans purchase digital assets on offshore...