South Korea FSC: will not directly participate in token inspection and delisting process

South Korea FSC: will not directly participate in token inspection and delisting process
15:07, June 18, 2024 Golden Finance

Golden Finance reported that the South Korean Financial Services Commission (FSC) announced that it would not directly participate in the inspection of cryptocurrencies listed on the Korean Exchange. It was rumored that the South Korean financial regulator planned to delist crypto assets that did not meet the listing requirements before July this year. FSC said that the cryptocurrency exchanges and the Korea Digital Assets Exchange Association (DAXA), an advisory body of the Korean Digital Assets Exchange, would be responsible for the final announcement of token inspection and delisting.

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