Dalton 👾
@dalton
South Korea's Financial Services Commission (FSC) has issued new guidelines to regulate certain NFTs as regular cryptocurrencies if they are mass-produced, exchangeable, fractionalized, or used for payments.
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Dalton 👾
@dalton
NFTs with little economic value will remain classified as regular NFTs. The FSC will review NFTs on a case-by-case basis and may classify them as financial securities if they meet specific criteria under the Capital Markets Act.
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