South Korean Regulator Adopts Zero-Tolerance Policy Toward Unfair Crypto Trading Practices

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South Korean Regulator Adopts Zero-Tolerance Policy Toward Unfair Crypto Trading Practices Lee Bok-hyun, the governor of South Korea’s Financial Supervisory Service (FSS), announced a zero-tolerance policy for unfair trading practices in the country’s crypto market during a meeting with industry leaders, as reported by Chosun Biz.

The FSS is committed to providing clear guidelines and working with other regulatory agencies to establish a coherent legal framework that supports the growth of the virtual asset market while ensuring investor protection.

By closely monitoring token listings and combating the spread of unverified information, the FSS is working to ensure a transparent, secure, and globally competitive environment for Korean crypto businesses.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaSouth Korea

Topics: South Korean Regulator Adopts Zero-Tolerance Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 05:27:03 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 640 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22716609

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