South Korea FSC Exempts NFTs, CBDCs from Crypto Interest

South Korea FSC Exempts NFTs, CBDCs from Crypto Interest

The Financial Services Commission (FSC) of South Korea has notified that users who deposit digital assets in exchanges will be eligible for interest. However, nonfungible tokens (NFTs) and central bank digital currencies (CBDCs) are exempted from the regulations Local media agencies reported on December 10 that the FSC intends to issue the legislative guidance. The […]