The South Korean financial organization plans to investigate the transactions fees that local currency exchanges receive, with the aim of reducing trading costs for users, according to the local media.
The South Korea Financial Services Committee (FSC) will launch an investigation into the transactions fees imposed by local trading platforms and review of potential overlapping measures, Herald’s Economy I mentioned Thursday.
This step is part of the newly elected South Korean agenda, Lee Jay Meong, the broader supporter of Corpto. And according to what was reported to me I promised To reduce the costs of encryption trading transactions to support young traders as part of his presidential campaign.
As part of the investigation, the FSC plans to conduct a survey of the exchange of encryption on the current fees systems, the shipping methods and the amounts collected.
Do local fees receive more than external platforms?
According to Herald’s economy, FSC has announced its plan to investigate encryption fees during a political briefing before the State Affairs Planning Committee, which is working as a presidential transition team for the Li Jae Meonging administration.
“We need to study whether the current fees for local exchanges are an excessive burden on consumers and whether they are at an appropriate level compared to external cases,” said FSC official.
FSC also stated that the authority has not yet specified the target commission rate and plans to create policy standards based on a comparative analysis of local and foreign exchanges and user preferences.
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This is a developing story, and more information will be added when available.
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2025-06-19 08:49:00
