South Korea’s FSS Begins On-Site Inspections of Crypto Exchanges

South Korea’s FSS Begins On-Site Inspections of Crypto Exchanges

South Korea’s Financial Supervisory Service (FSS) has initiated on-site inspections of cryptocurrency exchanges, starting with Bithumb as the first platform under review. The inspections, set to commence after the Chuseok holiday, mark the FSS's first thorough examination of virtual asset service providers (VASPs) under the recently implemented regulatory framework. Focus on Compliance with New Crypto Laws The inspections will primarily ev...

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