South Korea continues to push the envelope on digital asset transparency. Going beyond just regulating crypto exchanges as Virtual Asset Service Providers (VASPs), registered companies must also include cryptocurrencies in their financial statements. The South Korean equivalent to the US SEC, Financial Services Commission (FSC), revised its accounting standard rules on Tuesday. Taking a step […]
Companies that either hold digital assets or have issued cryptocurrencies will be obligated to start disclosing such information publicly next year. Detailed information - including the amount, expected financial value and business models using the cryptocurrencies held or issued by companies - shall be written down in the commentary section of their financial statements.
South Korean blockchain leader to set up global HQ in Abu Dhabi zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
NEOPLY becomes latest South Korean innovator to establish Abu Dhabi HQ with ADIO support bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.