activity; ( 3) monitoring and evaluating the performance of the Fund in accordance with its objectives; (4) supervising the operation and general administration as well as issuing rules or regulations of the

Minister in charge of the enforcement of this Act. SECTION 4/1.( The SEC shall have the power to determine the undertaking of business in any manner is not a securities business under this Act. SECTION 5.4

Minister in charge of the enforcement of this Act. SECTION 4/1. The SEC shall have the power to determine the undertaking of business in any manner is not a securities business under this Act. SECTION 5.4

of the SEC’ s operation 1 2 3 4 5 6 1. Supervision of Securities Business 3/10 • For flexibility of securities business supervision and supporting Financial Technology • To promote development and

under this Act; (2) the determination of application fees, approval fees or operating fees for business undertaking under this Act; 3 (3) the prescription of guidelines for consideration of any issues

, regulations, notifications, orders, directives or stipulations under this Act; (2) the determination of application fees, approval fees or operating fees for business undertaking under this Act; (3) the

rules, regulations, notifications, orders, directives or stipulations under this Act; (2) the determination of application fees, approval fees or operating fees for business undertaking under this Act; (3

specified in the contract, or to demand the other party to enter into a contract under subsection (1) or (2). “derivatives business” means the undertaking to provide services as the following: (1) a

as specified in the contract, or to demand the other party to enter into a contract under subsection (1) or (2). “derivatives business” means the undertaking to provide services as the following: (1) a

the issuance and offering of digital tokens and the undertaking of digital asset businesses, the SEC shall have the duty and power to establish the policies relating to the promotion and development as