According to ChainCatcher, according to Korean media reports, the proposal of the Financial Services Commission of South Korea to establish a new virtual asset department has been approved by the cabinet meeting.
It is reported that the revised job system and its related implementation rules will be announced and implemented on the 25th of this month. The Virtual Asset Department will be responsible for the necessary management and supervision of establishing the market order of virtual assets and protecting users. The department will temporarily increase 8 personnel (by the end of 2025), including 1 level 4 staff, 4 level 5 staff, 2 level 6 staff and 1 level 7 staff.
