South Korea’s Financial Services Commission says it will not directly participate in exchange token inspection and delisting process

2024/06/18 15:12

Odaily News In response to recent market rumors that South Koreas financial regulator plans to delist crypto assets that do not meet listing requirements by July this year, the Financial Services Commission (FSC) of South Korea said it will not directly participate in the inspection of cryptocurrencies listed on Korean exchanges. It said that the final announcement of token inspections and delistings will be handled by each cryptocurrency exchange and the Korean Digital Asset Exchange Alliance (DAXA), a Korean digital asset exchange advisory body. (EBN)

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