South Korea's new government pushes ahead with fee reduction plan The FSC will conduct a comprehensive investigation into the fee structure of crypto exchanges

[Coin World][Korean regulators to investigate CEX Money Laundering to study potential drop measures] South Korea’s “Pioneer Economy” reported on June 19 that the Financial Service Commission (FSC) will launch an investigation into the fee collection practices of domestic trading platforms and study possible intervention measures. This move is part of the overall pro-encryption policy of South Korea’s new president, Lee Jae-myung. During his presidential campaign, Lee promised to drop Crypto Assets trading fees to support young investors. The FSC plans to conduct a comprehensive assessment of the current rate systems, charging methods, and collected amounts of various trading platforms.

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