Regulation

South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges.
Japan Confirms Entrance Into the Crypto Space
Crypto Law Urgently Needed
South Korea’s top financial regulator, the Financial Services Commission (FSC), has urged lawmakers to “pass the country’s first cryptocurrency bill quickly,” Bloomberg reported this week.
The South Korean government first announced crypto regulation in the second half of last year.
Putting FSC in Charge of Crypto Exchanges
Following the security breaches at Coinrail and Bithumb, the Korean government immediately launched an investigation into their causes.
Do you think South Korea needs to pass a crypto bill urgently?

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