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Korea to add virtual assets to prohibited credit card transactions...Financial Services Commission to hold legislative preview of amendments to existing law

Korea to add virtual assets to prohibited credit card transactions...Financial Services Commission to hold legislative preview of amendments to existing law

The Financial Services Commission announced on Feb. 4 that it will hold a legislative preview of a proposed amendment to the Enforcement Decree of the Credit and Specialized Financial Business Act, which includes a motion to add virtual assets to the list of prohibited card transactions, from today until Feb.
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South Korea's Financial Services Commission "Overseas criminals can't run domestic coin exchanges... Binance targeted"

South Korea's Financial Services Commission "Overseas criminals can't run domestic coin exchanges... Binance targeted"

Financial authorities have decided to restrict those who have violated overseas financial laws from entering the domestic cryptocurrency market, according to the Seoul Shinmun. According to a document obtained by the newspaper on March 3, the Financial Services Commission will amend the enforcement decree of the Act on Reporting and
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