Technology Technology

Crypto.com's Foris DAX Korea to face inspection by South Korean regulator

By Wooyoung Lee
  • 04 Sep 2024 03:03
  • 04 Sep 2024 03:06
Crypto.com’s South Korean entity Foris DAX Korea, will be included in the upcoming inspection by the South Korean financial watchdog. However, major global crypto exchanges such as Binance won't be reviewed, as the inspection will primarily focus licensed South Korean virtual asset businesses, the watchdog said.

The Financial Supervisory Service announced

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Wooyoung Lee

Correspondent, Seoul


Wooyoung Lee is a correspondent based in MLex’s Seoul office, South Korea, covering antitrust, privacy and data security, mergers and acquisitions and financial services. Wooyoung has more than a decade of experience in journalism, public policy and research. She has worked and written for news outlets including The Korea Herald, Al Jazeera International, Bloomberg BNA, Monocle, among others.

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