South Korea investigates crypto exchanges for listing native tokens

Korea Financial Intelligence Unit (KoFIU) launched a probe into crypto exchanges in relation to listing their in-house, self-issued tokens as Korean crypto exchanges are barred from issuing native tokens, according to a local report.

Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, a FSC spokesperson revealed plans for deeper investigation because “there are still some doubts related” to in-house token listings.