The Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission plans to conduct a comprehensive inspection of virtual asset operators this month. The inspection targets are about 20 currency exchanges such as FOBLGATE, GDAC, and Flybit.

Industry insiders predict that through this inspection, the FIU will focus on whether the exchange has used virtual assets to launder money. In addition, last year’s state inspection listed insider trading and listing fees on exchanges as major issues, so the FIU may check whether there are any problems in these areas.

After that, the financial authorities will conduct inspections on other operators including the 5 won market exchanges such as Upbit and Bithumb. In other words, if there are no special circumstances in this year's inspection, it is very likely that virtual asset operators that were not included in the inspection last year will be inspected. The industry believes that the targets of this inspection will include virtual asset operating companies Hyperithm and Delio.