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Seoul weighs separate crypto custody regime
Seoul weighs separate crypto custody regime SEOUL, July 23 (AJP) - South Korea’s financial regulator is considering establishing cryptocurrency custody as a separate regulated business as it prepares to expand corporate access to the country’s digital asset market. The Financial Services Commission is reviewing licensing requirements and conduct rules for custody providers under the government’s planned second-phase digital asset legislation, Kim Sung-jin, director of the FSC’s Virtual Asset Division, July 23, 2026