South Korea has been swamped reviewing its cryptocurrency regulations. The regulators hope to loosen the rules on cryptocurrency assets in line with G20 famous policies. Another government agency is managing an in-situ inspection of cryptocurrency firms following several hacks and this has attempted the Bank of Korea to issue out a report with its major focus on using cryptocurrency as an alternative means of payment. Last week, the Korea Times reported that the Financial Services Commission (FSC), the country's giant financial regulator, has revised and updated its guidelines associated with all operations of the country's top crypto exchange operators. Reed more on the website – CoinIdol.
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@kcnnews Is cryptocurrency is legal in south Korea But anyways nice post.