FSC

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.

News  ·  6 November 2020

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.

Markets  ·  23 July 2019
Regulation

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.

Policy & regulation  ·  24 October 2018
Regulation

South Korea’s Finance Watchdog Is Forming a Crypto Division

South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain.

Policy & regulation  ·  20 July 2018
Exchanges

Korea to Inspect 3 Banks Over Crypto Exchange Connections

Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts.

Policy & regulation  ·  9 April 2018
Regulation

South Korean Financial Watchdog Touts Blockchain in Fintech Plans

South Korea's Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.

Policy & regulation  ·  21 March 2018