South Korea’s FSC Considering A Five Year Imprisonment for These Crypto Exchange Owners

The Financial Services Commission in South Korea is investigating 16 cryptocurrency exchanges for violating the Specific Financial Information Act. The FSC has alleged that these exchanges were operating as non-reporting entities. Furthermore, they conducted they actively conducted sales activities on their websites through attractive offers without reporting to the South Korean government. On August 18, The post South Korea’s FSC Considering A Five Year Imprisonment for These Crypto Exchange Owners appeared first on CoinGape.