South Korea2026.11.07Block Media

Korea Institute of Finance: 'Major Shareholders of Crypto Exchanges Should Also Be Vetted on Reputation and Expertise'

• KIF research fellow Lee Si-yeon published the report 'The Need to Expand the Scope of Major Shareholder Qualification Assessments at Financial Companies and Its Implications' on November 6.
• The report calls for broadening eligibility reviews of major shareholders at virtual asset service providers and other financial firms beyond legal violations and financial soundness.
• It recommends adding comprehensive criteria such as reputation, professional expertise, and management capability to the qualification assessment framework.