US EditionSouth Korea's FSC to move on Bithumb BTC accident, 'global consistency' in regulatory framework
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South Korea's FSC to move on Bithumb BTC accident, 'global consistency' in regulatory framework
The FSC held its first meeting of the year to discuss Bithumb’s virtual asset shortage and secure compensation for those affected. The regulator also signaled readiness to redefine virtual assets to match global definitions and allow for more diverse business models during the meeting. The South Korean Financial Services Commission (FSC) held two major meetings today at the Seoul Government Building. These meetings focused on resolving the rece…
[Digital Daily Reporter Kim Nam-gyu] Financial authorities have decided to accelerate the implementation of virtual asset policies and begin full-scale discussions on enacting the Basic Digital Asset Act. Financial Services Commission Vice Chairman Kwon Dae-young announced at the 1st Virtual Asset Committee Meeting of 2026 held at the Government Complex Seoul on the 4th that virtual asset policies will be pursued along two axes: market expansio…
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