Financial Authorities Approve InfiniteBlock Virtual Asset Service Provider Registration
The financial authorities have approved the virtual asset service provider (VASP) registration for InfiniteBlock, a blockchain fintech specialized company.
According to industry sources on the 9th, the Financial Intelligence Unit (FIU) under the Financial Services Commission approved InfiniteBlock's VASP registration on the 7th.
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InfiniteBlock is known as a company providing virtual asset custody services. In South Korea, companies must register their business with the financial authorities to mediate the buying and selling of virtual assets or to provide custody and management services. Wallet service providers are subject to the same requirement.
This content was produced with the assistance of AI translation services.
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