Korean FSC chair nominee doesn't think crypto is a financial asset

Korean FSC chair nominee doesn't think crypto is a financial asset

Seung-beom Koh said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset." Seung-beom Koh, a nominee for chairman of South Korea’s Financial Service Commission (FSC), does not regard cryptocurrencies as a financial asset. In a press meeting with local journalists, Seung-beom said that fintech experts from prominent organizations such as the G20, the International Monetary Fund and others “find it difficult to see virtual currencies as a financial asset, and think they could not function as a currency.”Seung-beom's comments coincide with....


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