Financial Services Commission news and trends

Korean Regulators to Probe Stablecoin, Money Laundering Link
AML // October 24, 2022

In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on crypto exchanges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bitcoin Daily: Jack Dorsey’s First Tweet Goes For $2.9 Million As NFT; Binance-Backed Credit Union...
Bitcoin // March 22, 2021

Twitter CEO Jack Dorsey has sold his first tweet as a non-fungible token (NFT) for over $2.9 million, CNBC reported. The tweet in question reads “just setting up my twttr,” and has been a hugely popular tweet for years. Get the Full Story Complete the...

In South Korea: Calls For Greater Bank, FinTech Collaboration
B2B Payments // February 26, 2019

Bank and non-bank collaboration gets a boost in South Korea through an interbank payment network and sandbox. Elsewhere, individual FinTech company initiatives shine a spotlight on open banking.

Quick Reads
South Korea OKs First Banking Expansion in 30 Years

July 05, 2023
South Korea has launched a major expansion of its banking sector, currently dominated by just five lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree […]

Korean Regulators to Probe Stablecoin, Money Laundering Link

October 24, 2022
In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on crypto exchanges. Get the Full...

Bitcoin Daily: Jack Dorsey’s First Tweet Goes For $2.9 Million As NFT; Binance-Backed Credit Union...

March 22, 2021
Twitter CEO Jack Dorsey has sold his first tweet as a non-fungible token (NFT) for over $2.9 million, CNBC reported. The tweet in question reads “just setting up my twttr,”...