Korean FSC Chairman Orders HODLers To File Reports On Their Investments
Eun Sung-soo, the Chairman of the Korean Financial Services Commission, has ordered FSC officials who hold crypto to file reports on their investments by May 7. It has been reported that the FSC employees subject to reporting are those who manage virtual currency tech developments, those responsible for drafting and applying digital currency laws, and those who report on and manage crypto exchanges. However, an article from the Korea Times notes the comparative lack of regula