The Financial Services Commission (FSC) of South Korea suggests 15-20% ownership rates on the large crypto-exchanges, including Upbit and Bithumb. The FSC desires to limit the ownership of crypto exchanges. The joint council of Upbit, Bithumb, and Coinone opposes it strongly. Upbit, Bithumb, Coinone, and Korbit fit this category. Wider Regulatory PressureThis FSC proposal came after stricter liability rules in December.