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{"id":7983,"date":"2025-09-01T23:29:24","date_gmt":"2025-09-01T23:29:24","guid":{"rendered":"http:\/\/hongkongbuybitcoin.com\/?p=7983"},"modified":"2025-09-01T23:29:24","modified_gmt":"2025-09-01T23:29:24","slug":"south-korean-fsc-head-nominee-faces-backlash-after-denouncing-crypto","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=7983","title":{"rendered":"South Korean FSC head nominee faces backlash after denouncing crypto"},"content":{"rendered":"

Lee Eok-won, nominee for South Korea’s Financial Services Commission, faced criticism for dismissing crypto’s value. He believes digital assets lack intrinsic worth and are too volatile for use as money. Despite industry pushback, he supports regulating stablecoins. South Korean regulators are cautious, but retail interest in crypto is growing rapidly.<\/p>\n","protected":false},"author":1,"featured_media":7984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-7983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/7983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7983"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/7983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/7984"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}