South Korea may impose access restrictions on decentralized finance (DeFi) services by treating certain DeFi operations as unlicensed businesses.
According to NS3.AI, a government-commissioned study by the Korea Institute of Finance (KIF) recommended classifying decentralized operators as unlicensed virtual asset service providers.
The Financial Services Commission (FSC) commissioned the study as part of its work to draft a foundational digital asset law.
South Korea May Restrict Access to DeFi by Treating Some Services as Unlicensed Businesses
2026-06-30 07:45:52
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