Wu said that according to Korean media EBN, the Financial Services Commission (FSC) of South Korea announced that it will not directly participate in the inspection of cryptocurrencies listed on Korean exchanges. Previously, there were rumors that the Korean financial regulator planned to delist crypto assets that did not meet the listing requirements by July this year. The FSC said that the final announcement of token inspections and delistings will be responsible for each cryptocurrency exchange and the Korean Digital Asset Exchange Alliance (DAXA), a Korean digital asset exchange advisory body.
