According to an official announcement, the Financial Services Commission (FSC) of South Korea held a "Virtual Asset Business Compliance Capability Strengthening Meeting". The commission will cooperate with the "Virtual Asset Crime Joint Investigation Team" launched on July 26 to strengthen the response to virtual asset-related illegal activities and support the enhancement of the autonomous compliance capabilities of virtual asset operators.
The meeting was attended by executives from the Korea Financial Information Analysis Institute, the Virtual Asset Crime Joint Investigation Team, the five major virtual asset exchanges, and DAXA.