South Korea’s FSC to move on Bithumb BTC accident, ‘global consistency’ in regulatory framework

The FSC held its first meeting of the year to discuss Bithumb’s virtual asset shortage and secure compensation for those affected. The regulator also signaled readiness to redefine virtual assets to match global definitions and allow for more diverse business models during the meeting. The South Korean Financial Services Commission (FSC) held two major meetings […] source: https://www.cryptopolitan.com/south-korea-fsc-bithumb-regulatory-framework/