📢Good news! The Financial Services Commission of South Korea will implement the "Specific Financial Transaction Information Reporting and Supervision Regulations" on June 27. 📝This regulation includes the legal and compliance system for virtual asset business operators, and also adds reporting items such as organizational personnel and major shareholders. 🔍

The introduction of this regulation did not happen overnight. From the 24th of last month to the 3rd of this month, the authorities collected relevant opinions and reviewed them from the virtual asset industry and related institutions in the form of a "Notice of Change of Regulations". 👥

This regulatory regulation also adds relevant matters related to the compliance system of virtual asset-related laws such as the "Specific Financial Information Act" and the "Virtual Asset User Protection Act". 📚

It seems that the Financial Services Commission of South Korea is strengthening its supervision of virtual assets, which is undoubtedly good news for the entire blockchain industry! 🎉We are even more confident about Bitcoin! 💪