South Koreas crypto industry players could be facing stricter regulations ahead. The Financial Services Commission (FSC) recently released a report that recommended a new licensing system for token issuers and exchanges to enhance investor protection. The FSC recently submitted a report titled The Comparative Analysis of the Virtual Property Industry Act to the National Assembly. The report, which was commissioned by South Koreas federal government, is recommending new regulations aimed at curbing insider trading, wash trading, and pump and dump schemes, according to Cointelegraph. The…
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