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The Financial Supervisory Service of South Korea is currently formulating comprehensive guidelines for virtual asset issuance, circulation, listing standards, etc. The Head of the Digital Asset Research Group at the Financial Supervisory Service mentioned that the collaboration with exchanges has been ongoing for approximately half a year, and the basic framework has been established. Given that this legislation is being drafted for the first time, the guidance needs to consider various market characteristics, such as the presence of multiple markets due to various exchanges and differences between the domestic and global markets in South Korea. |
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