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South Korea’s new president Lee Jae-myung is ready to slash crypto trading fees. His plan? Make crypto cheaper for everyone, especially young investors.
The country’s top financial regulator, the Financial Services Commission (FSC), will investigate local exchanges. They want to know: are users overpaying?
Fee Probe Launched
The FSC will look at how exchanges charge fees, how much they collect, and if it’s fair. They’ll compare Korean platforms to international ones.
An official said they need to see if local fees are too high for consumers. They’ll also check how they stack up against fees abroad.
Bigger Plan in Motion
This isn’t just about fees. It’s part of Lee’s larger goal to make South Korea crypto-friendly. Cheaper trading could mean more young people jump in.
The FSC hasn’t decided what the ideal fee should be. First, they’ll gather data and user opinions.
