South Korea: Crypto Legislation to Induct Virtual Currencies into System Supervision

The latest update in South Korea’s crypto landscape saw the South Korean financial regulatory authorities propose legislative measures on virtual currencies by inducting it under system supervision like other financial industries, such as banking and insurance. Furthermore, the authorities have defined the rights and responsibilities of crypto assets, levying “undue profits” from crypto trading via The post South Korea: Crypto Legislation to Induct Virtual Currencies into System Supervision appeared first on Coingape.