Korea Financial Supervisory Service meets SEC Chairman Gensler!

author: Mustafa Mullah

Mustafa has been writing about blockchain and cryptocurrencies for several years. He has previous trading experience and has been working in the fintech industry since 2017.

December 20, 2023 21:44

Lee Bok-hyun, head of the Financial Supervisory Service, plans to meet with U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler in Washington, D.C. next month to discuss cryptocurrency regulation. The visit will be the first meeting between the two as they aim to strengthen cooperation before South Korea’s new cryptocurrency law takes effect next year. The bill, which aims to strengthen consumer protection for cryptocurrency investors, is scheduled to go into effect in July 2024.