South Korea to Cooperate with China and Japan on Regulation


South Korean regulators are seeking cooperation with counterparts from Beijing and Tokyo to deal with cryptocurrency speculation. Six industrial banks have been targeted by Seoul authorities inspecting crypto shopping for and promoting. Korean experience is to help a attainable trilateral methodology to regulation.

Moreover study: Vietnam Expedites Cryptocurrency Licensed Framework – Ready End of January

“Trial-And-Error” to Kind the Efforts

The Financial Firms Payment of South Korea could be deepening cooperation with companies from China and Japan in curbing speculative transactions. Deputy finance ministers from the Asian worldwide areas have already exchanged ideas remaining month, FSC’s chairman Choi Jong-ku revealed all through a press conference. Seoul targets to “organize an in depth system of cooperation” with Beijing and Tokyo, Choi acknowledged, quoted by Yonhap Info Firm. The nation’s prime financial regulator briefed media in regards to the monetary…



Learn full story