South Korea’s Financial Services Commission and Financial Supervisory Service will strengthen their monitoring of offshore platforms that trade perpetual contracts related to Korean stocks and stock indices. If they discover illegal business activities, such as soliciting South Korean residents through referral codes, regulators will take a hard line and report the matter to law enforcement authorities. Regulators will also assess the impact of these offshore products on the domestic stock market and plan to communicate with major offshore platforms offering such products, asking them to cooperate with oversight and ensure their operations comply with South Korean law.

#加密资产 #永续合约 #Financial Regulation