Tag: Financial Services Commission (FSC)

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South Korea Proposes Ban on Credit Card Crypto Purchases

January 9, 2024

Amidst a national surge in crypto trading, South Korea’s FSC is proposing a significant change to their credit finance laws, potentially barring citizens from the use of credit cards in cryptocurrency transactions. South Korea Aims to Tighten Crypto Regulations with Proposed Credit Card Ban The South Korean Financial Services Commission (FSC) is considering an amendment…
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Report: Korean Regulator Approves Issuance and Distribution of Security Tokens

February 7, 2023

South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’s Lee Su-young, security token investors are expected to get the same protection that is provided to investors in conventional securities. Protecting Korean Security Token Investors…
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