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