South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report

Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk

South Korea’s crypto traders were burned by rampant fraud in the digital assets space, prompting the country’s regulators to aim at reining in the largely underregulated space. In 2022, South Korean crypto entrepreneur Do Kwon’s Terra-Luna ecosystem collapsed, precipitating a $40 billion crypto market crash.

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