The proposal to establish a Virtual Asset Division by the South Korean Financial Services Commission has been approved by the Cabinet meeting
ChainCatcher news, according to South Korean media reports, the proposal to establish a Virtual Assets Division by the Financial Services Commission of South Korea has been approved by the Cabinet meeting.
It is reported that the revised job structure and related implementation rules will be announced and implemented on the 25th of this month. The Virtual Assets Division will be responsible for establishing order in the virtual asset market and protecting users through necessary management and supervision. The department will temporarily increase its staff by 8 (by the end of 2025), including 1 level 4 employee, 4 level 5 employees, 2 level 6 employees, and 1 level 7 employee.
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