South Korean regulator proposes tough new rules for token issuers By Cointelegraph


South Korea’s Financial Services Commission (FSC) released a report outlining its new definition of cryptocurrencies, along with proposed procedures for token issuers and penalties for non-compliance.

The rules discussed could impose onerous regulations on individuals or platforms that set up non-artistic non-fungible (NFT) tokens for commerce, as well as decentralized fundraising projects, among others.

Continue reading on Coin Telegraph

Disclaimer: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by market makers. The prices may therefore not be exact and differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will accept no responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.


About Author

Comments are closed.