Financial Supervisory Service Cracks Down on Unfair Trading in Virtual Assets Ahead of New Legislation Implementation
[비즈니스포스트] The Financial Supervisory Service is actively tackling unfair trading practices in virtual assets. The Financial Supervisory Service announced on the 29th that it will reorganize the asset-related virtual investment fraud reporting center into the virtual asset unfair trade and investment fraud reporting center ahead of the implementation of the Virtual Asset Consumer Protection Act […]
South Korean National Assembly Passes Act for the Protection of Consumers of Virtual Assets
Virtual Asset Consumer Protection Act Approved by National Assembly By Hwang Ji-hyun, Reporter The National Assembly’s plenary meeting on the 30th witnessed the successful passage of the ‘Act for the Protection of Consumers of Virtual Assets’. The bill, designed to regulate unfair trade in virtual assets and safeguard consumers, gained significant support with 265 votes […]
South Korean National Assembly Passes Act for the Protection of Virtual Asset Consumers
Act for the Protection of Consumers of Virtual Assets Passes in National Assembly By Hwang Ji-hyun, Reporter The ‘Act for the Protection of Consumers of Virtual Assets’ has successfully passed the plenary meeting of the National Assembly on the 30th, aiming to regulate unfair trade practices and safeguard consumers. With 265 votes in favor and […]
