South Korea’s FSC Eyes End to Crypto Market-Maker Ban After JPYC Blows Past Peg on Upbit

South Korea’s Financial Services Commission (FSC) has announced it will review legalizing crypto market makers, a practice currently banned under the Virtual Asset User Protection Act (VAUPA). Ad Ad JPYC’s 4x Upbit Spike Exposed Korea’s Order-Book Problem The announcement came on September 28 at The Bridge Summit 2026 in Gangnam, Seoul. FSC Director of Digital