Financial Supervisory Service (FSS) of South Korea proposed to the Financial Service Commission (FSC) to impose fines of at least KRW10 billion (US$7..
During the first half of 2024, at the earliest, investors will be able to trade fractions of traditional assets - such as real estate and art - by using security tokens in the stock market.
Regulating digital currency is a major priority on the global agenda, International Monetary Fund Managing Director Kristalina Georgieva said at an international conference held in Seoul on Thursday. "We must consider the effects if crypto assets become widespread. The scenario is not far-fetched," Georgieva said in her opening speech at the event co-hosted by the Ministry of Finance, Bank of Korea, Financi.