2023.03.02
The FSS Initiates a TF Team To Determine Which Virtual Assets Will Be Considered Securities
The FSS has launched a task force to support the process of determining which virtual assets to be considered as securities. It plans to prepare an inspection checklist and a separate TF team of external experts from the securities industry and the legal community. According to industry sources, the FSS is closely watching the SEC and Ripple lawsuits as a notable precedent. The result of the lawsuits will have a great impact on the criteria for determining which virtual assets are securities in Korea.
Visit our official English blog to continue reading about the TF Team that the FSS in Korea has recently launched to determine which VAs will be categorized as securities
