South Korean Financial Watchdog Touts Blockchain in Fintech Plans
South Korea's Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.
During his tenure Chairman Choi Jong-ku took a hard line against ICOs but enacted some favorable policies towards blockchain businesses.
South Korea's Financial Services Commission has warned the public to exercise caution when investing in cryptocurrency funds.
South Korea's top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers.
South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain.
Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts.