Sharing crypto exchange affiliate links may face VASP rules, says Korean regulator

South Korea’s Financial Services Commission (FSC) has clarified that promoting overseas crypto exchanges to local users and receiving commissions could qualify as activity requiring registration as a Virtual Asset Service Provider (VASP), according to BlockMedia. This means even YouTubers or community operators who share crypto exchange affiliate links may face registration obligations and potential penalties. A representative lawyer from Lawfirm Renaissance noted that such individuals could fall under regulatory oversight if the activity is continuous and repeated. One-time or occasional actions are unlikely to be considered a business, the lawyer said.