South Korea seeks Crypto Regulations

South Korea seeks Crypto Regulations

South Korea seeks cooperation between countries in order to regulate the crypto market and ICOs. The South Korean postal service also had plans to learn more about cryptos. The head of South Korea’s Financial Supervisory Service (FSS), Yun Seok-Hun explained, “For new risks involving cryptocurrencies and ICOs, we must calm overheated speculation and crack down on illegal activities and improve transparency.”

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