FSC will prohibit employees of South Korean exchanges from trading cryptoassets at the employer’s site
In accordance with the new requirements for the registration of cryptocurrency exchanges in South Korea, employees caught trading on the employer’s platform face a fine of up to 100 million won ($ 89,844). According to a statement from the South Korean Financial Services Commission (FSC), on June 3, the agency’s Financial Intelligence Unit met with executives from major South Korean cryptocurrency exchanges to brief them on the updated requirement. South Korea’s revised Financial Transaction Reporting…
