People working in cryptocurrency exchanges in South Korea will not be able to trade on the exchange they work on.
In the Decree on the Notification and Use of Defined Financial Transactions proposed change, approved by parliament.
According to the Financial Services Commission (FSC) statement on Tuesday, the law will enter into force on the date of publication.
Exchange operators who do not take the necessary measures to do so may be temporarily suspended or fined 100 million won (approximately 750,000 lira) or less.
For cryptocurrencies issued by exchange operators, themselves or persons related to them (spouse, relatives, etc.) brokerage and trading service will not be able to give.
digital asset service providers in South Korea, Decree on Notification and Use of Defined Financial Transactions They were actually included in the scope as of March 2021.