Tag Archives: South Korea


Why Relaxed Regulations in South Korea are Good for the Cryptocurrency Industry

by David Drake South Korea’s Financial Supervisory Service (FSS), the country’s top financial regulator, has  a new governor after President Moon Jae-in approved Yoon Suk-heun’s nomination. Responding to reporters, Yoon Suk-heun said the FSS will consider relaxing cryptocurrency regulations. The FSS banned initial coin offerings (ICOs) and anonymous trading of cryptocurrencies in September 2017 and January 2018, respectively. South Korea’s […]

Will Changes in South Korea’s Financial Regulator Boost Crypto Market Performance?

by David Drake South Korea has made news for having regulated the cryptocurrency industry in Asia. In September 2017, the Financial Supervisory Service (FSS) banned initial coin offerings (ICOs). In January 2018, the Financial Services Commission (FSC), the country’s financial regulator, enforced a ban on anonymous cryptocurrency trading. However, this is set to change in the coming following a change […]