South Korea Financial Services Commission
1 storySouth Korea Financial Services Commission is a South Korean financial policy authority. South Korea Financial Services Commission addresses bank securities insurance policy, while its crypto-facing responsibilities also include financial licensing policy and market stabilization measures. Further work by South Korea Financial Services Commission concerns financial sector policy planning, virtual asset law implementation, capital market reform policy, and financial institution authorization policy. For virtual asset law implementation, follow decisions formally issued by South Korea Financial Services Commission; coordination or implementation around capital market reform policy may also be relevant. Attribute peer-agency action on financial sector policy planning to those bodies; reserve institutional action for South Korea Financial Services Commission.
BitGo Korea Secures VASP License Before South Korea Tightens Rules
BitGo Korea received regulatory approval to offer crypto custody and transfer services to institutions just before South Korea imposed stricter requirements for virtual asset service providers