On Friday, June 3, South Korea’s Monetary Supervisory Service (FSS) started an investigation into fee gateway providers that work with digital belongings. The FSS is South Korea’s monetary regulator that operates below the Monetary Providers Fee (FSC), each of that are authorities establishments.

As reported by native information outlet Cash Immediately Co., the FSS had just lately demanded experiences from 157 fee gateways about any service associated to crypto, their plans for the long run, and disclosure of digital belongings. However an FSS report acknowledged that solely 6 held any digital belongings.