South Korea Will Focus ‘Positive Aspects’ of Cryptocurrency, Soften Policy

South Korean regulators and officials are likely to relax their approach to regulating cryptocurrencies, starting with classifying them as ‘financial assets’. There’s a July deadline looming for G20 nations after policymakers called for recommendations for regulating cryptocurrencies, seen as ‘financial assets’ by the economic leaders from the world’s twenty largest economies. South Korea’s regulators, however,

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Korea’s New Financial Watchdog Chief Envisions Stable, Less Speculative Crypto Market

The new head of Korea’s financial watchdog has doubled down on the anticipated effort of his agency considering a lenient approach to cryptocurrency trading. Yoon Suk-heun, an academic and reformist who was – this week – appointed as the governor of Korea’s Financial Supervisory Service (FSS), has had more to say about his own stance

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Korea to Relax Cryptocurrency Curbs Under New FSS Chief

The incoming head of Korea’s primary financial regulator has reportedly confirmed that the authority will look to ease regulations on domestic cryptocurrency trading. Speaking to reporters on Sunday after being approved by President Moon Jae-in to lead the Financial Supervisory Service (FSS), new governor Yoon Suk-heun said the regulator will look at revising some regulations

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