South Korean regulators discuss boosting competition in virtual asset market

South Korea’s Fair Trade Commission (FTC) held a joint academic conference on Nov. 21 with the Korea Fair Trade Mediation Agency and the Korea Society for Regulatory Studies, Newsis reported. The event, which focused on sustainable regulatory innovation and new paradigms for competition policy, was attended by academics, legal experts, and government officials. Discussions centered on promoting competition in the virtual asset trading market, assessing the competitive implications of market-entry regulations, and enhancing governance frameworks to support regulatory innovation.