South Korea Tightens Virtual Asset Rules! 🚀

Stricter rules for the future, but some slip through the past! 🔥

South Korea is stepping up its virtual asset disclosure regulations, with self-regulatory measures and a market discipline system in the works. The Financial Supervisory Service (FSS) aims to close regulatory gaps, protect investors, and set clear guidelines for crypto sales and marketing.

Meanwhile, ex-lawmaker Kim Nam-guk walks free after a court ruled he wasn’t required to disclose his crypto holdings under past laws.

#SouthKorea 🇰🇷 #CryptoRegulation 🔍 #VirtualAssets 🚀 #InvestorProtection 🛡️ #BlockchainLaw ⚖️ 📜 🔎 📰