South Korea’s Financial Supervisory Service (FSS) has launched an inspection into payment gateway companies offering digital asset payment services, local news outlet Money Today Co. reported Thursday.

Earlier this month, the FSS ordered all 157 electronic payment service providers in the country to submit a report on crypto-related services they offer and future plans. The watchdog also requested these firms to disclose their digital asset holdings.  

According to a FSS report given to National Assembly member Yoon Ju-kyeong, six local payment gateway firms, Kakao, Kakao Pay, Danal, PayGate, Finger and Moin, hold digital assets.

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