South Korea Considers Ending Crypto Exchange Bank Partnership Rule: Report
South Korea is reportedly considering ending the rule requiring crypto exchanges to partner exclusively with banks. According to reports, regulators are assessing the current competitive landscape as they prepare for the Digital Asset Basic Act. The development suggests a potential shift in the regulatory approach to crypto exchanges within the country. The review focuses on the existing partnerships between banks and crypto platforms, indicating a move toward broader market access and competition within the South Korean digital asset space.
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