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FIU to Investigate Unregistered Foreign Exchanges in Korea

The Financial Intelligence Unit (FIU) under the Financial Services Commission is monitoring and cracking down on unregistered foreign virtual asset (cryptocurrency) exchanges in Korea. According...

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Won-Based Stablecoin Ensures Full Collateral and Redemption Rights… Exchanges Expected to...

South Korea’s financial authorities are moving to formalize the framework for won-based stablecoins, introducing key principles focused on full collateralization and guaranteed redemption rights....