Employees of Koreaâs financial regulator ordered to report crypto holdings Korea is strengthening its crypto regulations, imposing reporting requirements on all employees of its Financial Services Commission. 13642 Total views News
Korean Financial Services Commission (FSC) Chairman Eun Sung-soo has ordered FSC officials who hold crypto to file reports on their investments by May 7.
The FSC employees subject to reporting are those who manage virtual currency tech developments, those responsible for drafting and applying virtual currency laws, and those who report on and manage crypto exchanges.
An article from the Korea Times noted the comparative lack of regulation surrounding FSC officialsâ investments in crypto when compared to traditional financial products.
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