Financial Services Commission

South Korea OKs First Banking Expansion in 30 Years
South Korea OKs First Banking Expansion in 30 Years
July 05, 2023  |  Bank Regulation

South Korea has launched a major expansion of its banking sector, currently dominated by just five lenders. The country’s Financial Services Commission (FSC) announced Wednesday...

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Korean Regulators to Probe Stablecoin, Money Laundering Link
Korean Regulators to Probe Stablecoin, Money Laundering Link
October 24, 2022  |  AML

In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on...

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Bitcoin Daily: Jack Dorsey’s First Tweet Goes For $2.9 Million As NFT; Binance-Backed Credit Union Platform Launches In Africa
Bitcoin Daily: Jack Dorsey’s First Tweet Goes For $2.9 Million As NFT; Binance-Backed Credit Union...
March 22, 2021  |  Bitcoin

Twitter CEO Jack Dorsey has sold his first tweet as a non-fungible token (NFT) for over $2.9 million, CNBC reported. The tweet in question reads...

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In South Korea: Calls For Greater Bank, FinTech Collaboration
In South Korea: Calls For Greater Bank, FinTech Collaboration
February 26, 2019  |  B2B Payments

Bank and non-bank collaboration gets a boost in South Korea through an interbank payment network and sandbox. Elsewhere, individual FinTech company initiatives shine a spotlight on...

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