11-14-2024 
Financial Services Commission
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6 October, 2022
Terra’s co-founder wants to withdraw from testifying in financial audit following Terra-LUNA collapse
In a letter to South Korea's National Assembly, Daniel Shin said that local law enforcement agencies are investigating him for...
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12 September, 2022
South Korea eyes total overhaul of security tokens amid talks on new regulatory regime
South Korea's ambition to regulate the digital asset ecosystem is gaining ground as it looks to draft new legislation for...
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4 September, 2022
South Korea: 16 arrested over alleged illegal digital assets-linked forex transactions
South Korea sees a nearly 10% rise in illegal forex transactions tied with digital assets this 2022, forcing authorities to...
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23 August, 2022
South Korea: FSC takes action against 16 unregistered foreign digital asset exchanges
The FSC said that the unregistered exchanges were brought to its notice by its sub-unit responsible for overseeing the registration...
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17 August, 2022
South Korea: Financial authorities to review digital asset legislation
Financial Services Commission Chair Kim Joo-hyun said the commission will maintain a balance that fosters innovation in blockchain development while...
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31 May, 2022
South Korea looking to tighten supervision of digital currency exchanges
The country's parliament plans to introduce laws that will increase the supervision of digital currency exchanges, as discussed during a...
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22 May, 2022
South Korea plans to make licensing digital currency industry stricter
The FSC report highlights new regulations that introduce stricter licensing requirements for digital currency exchanges and token issuers based on...
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21 May, 2022
South Korea reinstates investigative unit ‘Grim Reapers of Yeoui-do’ to investigate Terra
The unit is a joint financial and securities crime investigation team from the Financial Services Commission and the Financial Supervisory...
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19 May, 2022
Following LUNA UST crash, South Korea emphasizes need for digital currency regulations
The country’s regulators have said they will use the Terra debacle to raise awareness among digital asset investors following the...
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7 May, 2022
No taxes before proper regulation: South Korea president pushes back 20% digital currency tax
Newly-elected president Yoon Suk-yeol announced that his government would push back the tax scheduled for 2023 in favor of consumer...
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9 March, 2022
South Korea digital asset market hits $46B in 2021 as profits surge to $2.8B: FSC
The FSC’s first-ever comprehensive survey also showed that the daily transaction volume hit $9 billion as the number of traders...
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3 December, 2021
South Korean regulator wants ICO ban reversed
The vice chair of the Financial Services Commission has asked the National Assembly in South Korea to reverse the ICO...
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