New President of Financial Services, Cryptocurrency Market Repair

Koh Seung-beom, the new chairman of financial services, said on his first day in office on Tuesday that he would review the cryptocurrency industry. Avoid and delay. The potential impact on cryptocurrency traders should be minimized. The FSC will try to identify all the latest developments with the market. Koh's cryptocurrency analysis is in line with regulators' goals, and neither the Korean company nor financial institutions believe in crypto assets as financial assets as the value of many crypto assets is currently unrelated. to assets. The FSC has previously said that all home-based cryptocurrency businesses should stop their services if they don't register as digital providers by September 24. However, so far Upbit only sends affected reports. (Korea time)