Tag: FSC

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South Korea Virtual Asset Committee Set to Address Spot ETFs

Korean Virtual Asset Committee will focus on spot ETFs, corporate investments, and regulatory frameworks to support the growing crypto market. The South Korean government is...

South Korea Launches Probe into Upbit Monopoly in Crypto Market

The South Korean Financial Services Commission (FSC) has announced an investigation into the market monopoly structure surrounding Upbit. It is the largest cryptocurrency exchange...

Taiwan FSC Drafts New AML Rules for Crypto Firms

Taiwan’s Financial Supervisory Commission (FSC) has drafted new anti-money laundering (AML) regulations for cryptocurrency firms following recent legal amendments. These regulations mandate that virtual...

Taiwan FSC Allows Professional Investors to Access Foreign Virtual Asset ETFs

Taiwan's Financial Supervisory Commission (FSC) has announced that professional investors can now invest in foreign virtual asset exchange-traded funds (ETFs) through a re-entrustment method....

Taiwan Attempts to Halt Anonymous Cryptocurrency Transactions

Taiwan, officially known as the Republic of China, has taken regulatory steps towards halting anonymous cryptocurrency transactions. The country’s highest legislative authority passed amendments...

Taiwan’s Financial Regulator Considers Limited Cash Transactions for Cryptocurrencies

Taiwan's financial regulator has said that limited cash transactions of cryptocurrencies could be permitted in convenience stores in the country. Crypto Limit Could be Set...

South Korea’s FSC to Establish Exclusive Blockchain Division

The financial regulator of South Korea, the Financial Services Commission (FSC), is set to establish a new department designated to govern policymaking initiatives specifically...

South Korean FSC Cracks Down on Three Local Exchanges

South Korea is a very important region when it comes to cryptocurrency. The government is keeping a very close eye on this industry, though...