According to ChainCatcher, the Financial Services Commission (FSC) of South Korea announced that it will not directly participate in the inspection of cryptocurrencies listed on Korean exchanges, according to local media EBN.

Earlier, there were rumors that the South Korean financial regulator planned to delist crypto assets that did not meet listing requirements by July this year. The FSC stated that the final announcement of token inspections and delistings will be responsible for the cryptocurrency exchanges and the Korean Digital Asset Exchange Alliance (DAXA), a Korean digital asset exchange advisory body.