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South Korean regulators eye reforms in crypto market amid competition concerns

( April 23, 2025, 08:08 GMT | Official Statement) -- MLex Summary: South Korean regulators are launching a comprehensive study of the cryptocurrency trading sector, focusing on competitive dynamics and potential monopolistic conditions in the market. The Korea Fair Trade Commission and Financial Services Commission are seeking expert analysis of  domestic and international virtual-asset markets, and to compare regulatory approaches across major countries and evaluate how existing South Korean regulations may be restricting competition. The research will include stakeholder interviews, regulatory impact assessments and specific recommendations to promote new exchange entry and enhance transparency in South Korea's virtual-asset sector.The notices, in Korean, are attached....

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