South Korean legislature thinking about original licensing machine for crypto

South Korean legislature thinking about original licensing machine for crypto

South Korean legislature thinking about original licensing machine for crypto

A document commissioned by South Korea’s federal authorities recommends the domestic crypto industry undertake a licensing machine for exchanges and token issuers as a technique of defending investors.

The document issued by the Financial Services Price (FSC) to the National Assembly, the nation’s legislature, also calls for original guidelines to mitigate insider trading, pump-and-dump schemes and wash trading.

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