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South Korea plans to establish a virtual asset committee to discuss issues such as the approval of virtual asset spot ETFs and the licensing of crypto exchanges

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2024-10-10 02:29:54
The Korean Financial Commission announced plans to establish a virtual asset committee in the audit status report of the National Assembly Political Committee to discuss major issues such as the approval of virtual asset spot ETFs and the licensing of virtual asset exchanges.
In addition, the FSC has also established a non-profit foundation (Digital Asset User Protection Foundation), which receives user assets and returns them to businesses that have closed or suspended operations, and is conducting an update report review for businesses whose reporting period has expired.
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