South Korea’s Financial Services Commission (FSC) plans to expand the scope of its regulatory sandbox to include the Virtual Asset User Protection Act.
According to ChainCatcher, Digital Asset reported that the move is part of a broader plan to prepare the financial sector for changes in the financial environment and market demand by expanding services.
At a recent event chaired by FSC Chairman Lee Eok-won, the FSC said it will continue to identify and incorporate laws related to emerging fields and services—such as the Internet Bank Act and the Virtual Asset User Protection Act—into the regulatory sandbox framework.
South Korea’s Financial Services Commission Plans to Extend Regulatory Sandbox to Virtual Asset User Protection Act
2026-06-22 05:43:51
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