2023.03.03
The Financial Supervisory Service of Korea Examines Virtual Asset Exchanges’ Staking Services
The FSS has requested domestic digital asset exchanges operating in the KRW market to prove the operating principle and marketability of their staking services. Such examination of exchanges’ staking services by Korean financial authorities followed the recent regulatory measures by the U.S. SEC on Kraken for violation of securities laws. The FSS plans to examine the staking services of the exchange through the task force team which was launched earlier in February to determine which virtual assets to be considered as securities.
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