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South Korea’s top financial regulator, the Financial Services Commission (FSC), has begun a “comprehensive inspection” of the nation’s crypto exchanges.
South Korea’s top financial regulator the Financial Services Commission (FSC) said Wednesday that virtual assets or cryptocurrencies should not be termed “digital assets,” local news agency News1 reported, citing FSC documents.
South Korea’s Financial Services Commission (FSC) is considering a requirement that digital asset exchanges offset investor losses and pay penalties for the sudden suspension of withdrawal services, Yonhap news agency reported Monday.