South Korea to regulate crypto and blockchain soon

Crypto and blockchain regulation

The South Korean government and the financial authority intend to come up with the regulatory framework to regulate the blockchain and crypto industry thereby preventing fraud. The chief of virtual currency team under the Financial Services Commission mentioned, “We are trying to legislate the most urgent and important things first, aiming for money laundering prevention and investor protection.”

Leave a Reply

Your email address will not be published. Required fields are marked *