New South Korean Regulatory Chief Promises More ‘Fairness’ for Crypto Investors

The South Korean government and financial regulators appear keen to ensure that May’s Terra ecosystem crash – an event they have dubbed the “terra/LUNA incident” – will become a watershed moment for the crypto sector, with a slew of new regulations incoming. The new head of a leading regulatory body led those vowing to implement changes, calling for the creation of a system that provides investors with more “fairness.”

Chief among the new regulations will be the imminent launch of a new government-appointed regulatory body that will be charged with policing the crypto sector. As reported, this body has been tentatively named Digital Assets Committee (literal English translation), and could launch in the next two weeks.

Source: https://cryptonews.com/news/new-south-korean-regulatory-chief-promises-more-fairness-for-crypto-investors.htm