South Korea Regulator to Support Proposed Crypto Exchange Regulation

The chairperson of the South Korean Financial Services Commission (FSC) has stated that he is in favour of a proposed reporting system for crypto exchanges operating in the nation. The regulations may serve to make digital currency trading platforms more transparent, as well as helping to protect against money laundering and other financial crimes.
The proposal is up for discussion tomorrow in South Korea’s National Assembly. The newly-appointed chairperson says that such regulatory moves