South Korea Establishes Virtual Asset Team to Oversee Crypto Regulation and Policy
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最新报道：South Korea has formed a dedicated "Virtual Asset Team" under its Financial Services Commission to oversee cryptocurrency regulation policies. The new team will focus on monitoring market trends, investigating unfair trading practices, and coordinating with international regulators. This move comes as the country prepares to implement its first comprehensive crypto law, the Virtual Asset User Protection Act, set to take effect in July 2024. The team will also handle licensing for virtual asset service providers and enforce anti-money laundering rules in the crypto sector.
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