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Financial Regulator Approves Service Allowing Overseas Prepaid Balances to Be Invested in Foreign Stocks

Financial Regulator Approves Service Allowing Overseas Prepaid Balances to Be Invested in Foreign Stocks

SEOUL, Nov. 6 (Korea Bizwire) — South Korea’s top financial regulator has approved a new service that lets travelers invest leftover foreign currency from prepaid cards into overseas stocks, marking the latest step in its push to foster financial innovation. The Financial Services Commission (FSC) said Wednesday that it designated NH Investment & Securities and fintech [...]