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Korea Financial Commission Clarifies Reporting Standards for Internal Employee Holdings of Virtual Assets

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The Financial Services Commission of Korea clarified the reporting standards for internal employees holding virtual assets and established a new reporting form. According to financial authority sources, the Financial Services Commission released a revised draft of the "Code of Conduct for Civil Servants" that includes these contents on the 6th. The revised draft specifies the reporting objects as civil servants who are currently engaged in duties related to virtual assets and those who have engaged in such duties within the last six months. In addition, a reporting form on virtual asset holdings such as type, date of acquisition, quantity and amount, etc., has been developed.

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