South Korea’s Financial Services Commission (FSC), the Ministry of Economy and Finance, and the Bank of Korea concluded on June 22 that immediate deregulation of virtual assets would be difficult. According to NS3.AI, the position followed a June 8 meeting between the Ministry of SMEs and Startups and industry representatives.
Officials said no policy shift has been confirmed and added that many of the proposed changes would require legal amendments.
South Korea Says Immediate Virtual Asset Deregulation Would Be Difficult After June 22 Review
2026-06-22 04:39:55
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