The Financial Services Commission of South Korea plans to push for relevant legislation to review the shareholders and governance of cryptocurrency exchanges

Odaily Star Daily News: The Financial Services Commission of South Korea announced that it is pushing for relevant legislation to determine the qualifications and governance structure of major shareholders of virtual asset exchanges. Currently, according to current laws including the Virtual Asset User Protection Law, FSC lacks the statutory authority to review shareholders. In a parliamentary audit, FSC Chairman Kim Byoung hwan stated that amendments to the Specific Financial Transaction Information Reporting and Use Act have been submitted to provide a legal basis for FSC to assess the qualifications of major shareholders. （Money Today）