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South Korean regulators to review virtual asset market monopoly centered on Upbit

BlockBeats reported that on October 10, Kim Byung-hwan, chairman of the Financial Services Commission of South Korea, said that he would review the monopoly phenomenon in the virtual asset market centered on Upbit.

During the national affairs inspection of the National Assembly Political Affairs Committee, Kim Byung-hwan responded to the questioning of lawmakers about Upbit's monopoly structure and pointed out that a comprehensive review would be conducted through the Virtual Assets Committee.

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