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FSC to Unveil Virtual Asset Service Provider Guidelines
Posted on 2023-03-31 07:43:15
The Financial Supervisory Commission says it's set to unveil guidelines for
virtual asset service providers.

The move comes amid concerns over financial investments or transactions ...

.... and the F-S-C says the plan seeks to ensure transparency in financial
product information, information security and prevent money laundering.

According to the commission, it previously only oversaw money laundering
involving virtual assets, but is now required to supervise e-commerce
platforms providing services that enable users to make investments or conduct
transactions.

The F-S-C says it expects to unveil the new guidelines in the coming weeks.

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