South Korean Crypto Exchanges Face Criticism Over Disorganized Customer Benefits Disclosures
South Korean crypto exchanges have faced criticism for disorganized and delayed disclosures of customer benefits policies, prompting regulatory scrutiny. The Financial Supervisory Service (FSS) requested data by April 15, but major exchanges like Bithumb and Upbit submitted late, with inconsistent reporting. This has raised concerns about transparency and regulatory compliance in the sector.
Topics: crypto exchanges customer benefits financial regulation regulatory compliance South Korea