Good news for cryptocurrency users in South Korea! đ°đ· The Financial Services Commission (FSC) has approved the creation of the Digital Asset Users Protection Foundation. This initiative will help recover funds trapped in exchanges that have closed.
- 10 out of 22 exchanges have closed and 3 have suspended operations.
- The foundation will begin operations in October.
- The funds and virtual assets will be transferred to a bank and a KRW-based exchange service provider.
What do you think about this measure? Leave us your comment!
