South Korean financial regulators will start conducting “regular” on-site inspections at domestic crypto firms this year. And they say they will investigate not only exchanges, but also wallet operators and crypto custody-related firms.
The announcement was made by the top financial regulator, the Financial Services Commission (FSC), in conjunction with the FSC-operated Financial Intelligence Unit (FIU). The FIU is in charge of issuing licenses to crypto operators….
Read More: South Korean Regulators Set to Carry out ‘Regular’ Crypto Firm Probes