South Korean authorities to tighten control over crypto-business

South Korea will adjust legislation to make crypto-business controls more effective. Tougher policies will minimize the negative consequences of crises for companies in the blockchain industry.
According to parliamentarian Yoon Chan-hye, more power should be given to the Financial Services Commission and the Financial Supervisory Service.
They should be granted the right not only to monitor the situation in the crypto-sector, but also to request any financial information of interest to them and make specific procedural decisions.

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