By BUDDY JEWEL | JUNE 19, 2025

The Financial Services Commission begins a formal investigation aimed at reducing trading costs on major domestic platforms.

President Lee Jae-myung’s pledge to cut crypto transaction fees is moving forward. The FSC is collecting data from top exchanges like Upbit, Bithumb, and Coinone.

– The investigation will examine: – How fees are structured – Methods of calculation – Actual cost impact on users – Global benchmarks will help shape new regulatory standards.

The president aims to lower fees from 0.05% to 0.015%. This move supports broader goals to help young investors build digital wealth.

The FSC’s focus on transparency and fairness signals a regulatory shift. Expect policy changes that reshape how crypto trading is priced and regulated in South Korea.