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The South Korean government is set to come good on its promise to launch a new regulatory agency that will govern the domestic crypto sector in the wake of what it calls the “terra (LUNA) incident.”

Soult ukpyolsiSouth koreaSouth koreanJu hyun cheolAdobestock cozytaChosun ilboCapital market research instituteProfessor of economics at seoul dongguk universityDigital assets committeeFinancial supervisory serviceFinancial services committeeNew south korean crypto regulatorDays awayFinancial intelligence unitPresident yoonKim gap rae