With the recent detection of foreign exchange transactions worth about 4 trillion won at major domestic commercial banks, there are concerns that the entry of the banking sector into the virtual asset industry may be hindered.
On the 30th, Ajou Economic Daily reported, “The financial authorities are pushing for the removal of financial regulations, and the banking sector has suggested that the virtual asset industry be allowed.
The direction of the revision of the virtual asset regulatory system is expected to change significantly according to the results of the inspection by the Financial Supervisory Service on abnormal foreign exchange transactions.
In response, the FSC said that the results of the inspection and sanctions by the Financial Supervisory Service have not been confirmed yet, and the Financial Regulation Innovation Conference, which discusses the entry of banks into the virtual asset industry, is just beginning, so it is necessary to keep an eye on it.
An official from the FSC said, “Just because they are included in the financial regulatory innovation task does not mean that all regulations will be resolved.”
Reporter Hyo-rim Jeong Bloomingbit [email protected]