Strengthening Korean Exchange Security Infrastructure Through Regulatory Mandates Heightened Prudential Standards for Digital Asset Custody Refining the Korean exchange security infrastructure remains a central focus for financial authorities seeking to stabilize the domestic virtual asset market. As trading volumes evolve, …
Illegal Crypto activities within South Korea remain a primary focus for the Financial Services Commission (FSC) as authorities work to establish a structured digital asset environment. Market integrity depends on the strict adherence to the Virtual Asset User Protection Act, which provides the legal foundation for identifying and sanctioning unauthorized financial operations. By concentrating on illicit service providers, regulators aim to maintain stability across the broader financial system, ensuring that participants operate within a transparent and monitored framework.