South Korea is set to regulate cryptocurrency donations and listings, according to newly announced government guidelines. The country’s Financial Services Commission (FSC) announced that it would impose regulations on crypto-related donations to politicians and political parties, as well as the initial coin offerings (ICOs) of new cryptocurrencies. The FSC stated that these regulations are intended to prevent potential misuse of cryptocurrency in the political sphere and to ensure transparency and fairness in the crypto market. Additionally, the FSC will also require crypto exchanges to provide detailed information about any new coin listings on their platforms. This move is seen as part of South Korea’s broader efforts to establish a regulatory framework for the rapidly growing cryptocurrency industry.