The newly appointed governor of South Korea’s Financial Supervisory Service (FSS) said that he sees “some positive aspects” to cryptocurrencies in a press conference today, May 6. The governor also said the FSS will be working on crypto regulatory “issues” in collaboration with other regulators, local news outlet The Korea Times reports.
Yoon Suk-heun, who will officially begin work on May 8, said that better crypto regulation “would produce” the kind of secure financial system that makes crypto-related products more accessible.