South Korea’s FSC Nominee Says Past Crypto Chaos Calls for Strong Investor Protection

South Korea’s FSC Nominee Says Past Crypto Chaos Calls for Strong Investor Protection

Kim Byoung-hwan, the nominee for head of South Korea’s top financial regulator, the Financial Services Commission (FSC), expressed caution about corporations holding bank accounts for cryptocurrency transactions. Speaking at a parliamentary session on Monday, Kim, a former vice finance minister, emphasized: “Taking into consideration the chaos we have experienced in the virtual asset market in […]