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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 custod...

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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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