South Korea
NADA News
Following JPYC Price Deviation, South Korea's FSC Considers Introducing a Market-Making System
- South Korea's Financial Services Commission (FSC) is examining introducing a market-making system for the domestic crypto asset market.
- The review was triggered by a price deviation of the yen-pegged stablecoin JPYC observed on South Korean exchanges.
- The report was published by South Korean media outlet Digital Asset on September 28.