South Korea's FSC to Expand Regulatory Sandbox to Virtual Assets, ICE and OKX Form Crypto Joint Venture OKXICE

News Editor

2026-06-23 00:50:42

South Korea's Financial Services Commission plans to extend its regulatory sandbox to virtual assets, while NYSE parent ICE and OKX partner to establish a cryptocurrency joint venture named OKXICE.

South Korearegulatory sandboxvirtual assetsICEOKXjoint venturecryptocurrency

According to the latest reports, South Korea's Financial Services Commission (FSC) plans to expand the scope of its regulatory sandbox to include virtual assets. The move aims to support fintech innovation in digital assets, allowing companies to test new products and services in a controlled environment. The expansion is expected to encourage more virtual asset-related innovation.

South Korea's FSC to Expand Regulatory Sandbox to Virtual Assets, ICE and OKX Form Crypto Joint Venture OKXICE 2

South Korea's FSC to Expand Regulatory Sandbox to Virtual Assets, ICE and OKX Form Crypto Joint Venture OKXICE 3

Meanwhile, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has partnered with cryptocurrency platform OKX to form a joint venture named OKXICE. The collaboration aims to combine ICE's traditional exchange compliance expertise with OKX's digital asset technology, accelerating the institutional adoption of cryptocurrencies.

South Korea's FSC to Expand Regulatory Sandbox to Virtual Assets, ICE and OKX Form Crypto Joint Venture OKXICE 4

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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