Korean regulators hesitant to approve cryptocurrency trading due to risks and volatility
From Cointelegraph: 2024-05-25 04:05:44
Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) have hesitated to approve cryptocurrency trading on traditional securities markets, unlike U.S. regulators. The cautious approach reflects concerns about potential risks and volatility in the crypto market. Korea’s stance may impact the future integration of cryptocurrencies into mainstream financial systems.
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