South Korean Regulators to Inspect Companies Linked to Terraform

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South Korean Regulators to Inspect Companies Linked to Terraform

   Altcoin News Banking NFT Non-Fungible Tokens Payments Regulation South Korea terra    May 25, 2022  |  0

 
South Korea’s financial regulators are planning to launch onsite inspections into domestic companies that have a business relationship with Terraform Labs – and particularly those that have made use of terra (LUNA) ecosystem coins.
In an exclusive article, the South Korean media outlet Money Today explained that the Financial Supervisory Service (FSS) will begin with an onsite probe of the SoftBank-backed e-payment provider Chai to …
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