South Korean Regulator Rules NFTs Are Not Subject to Crypto Law

10 months ago 24

Source: TSViPhoto/Adobe South Korean financial regulators have said NFTs are not subject to the same rules as cryptoassets, a ruling that may buoy token issuers and blockchain gaming firms. Per News1, the Financial Services Commission (FSC), the nation’s top regulator, stated that “following CBDCs,” NFTs will also be “excluded from” its “lists of virtual assets.” […]

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