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cryptonews
2023-01-31 14:00:00

South Korean Regulators Set to Carry out ‘Regular’ Crypto Firm Probes

South Korean Regulators Set to Carry out ‘Regular’ Crypto Firm Probes

South Korean financial regulators will start conducting “regular” on-site inspections at domestic crypto firms this year. And they say they will investigate not only exchanges, but also wallet operators and crypto custody-related firms. The announcement was made by the top financial regulator, the Financial Services Commission (FSC), in conjunction with the FSC-operated Financial Intelligence Unit (FIU). The FIU is in charge of issuing licenses to crypto operators.... Read More: South Korean Regulators Set to Carry out ‘Regular’ Crypto Firm Probes

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