NFT will be regulated in South Korea

According to Yonhap, South Korea's Financial Services Commission (FSC) will regulate certain NFTs as regular cryptocurrencies if they no longer have unique qualities.

The FSC may classify NFTs as cryptocurrencies if they are mass produced, can be fairly traded, shared, or used to pay for goods and services.

South Korea's Digital Asset Regulation Law will come into force on July 19.Our Social Networks :
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