Summary:
- The article discusses the stance of South Korea's Financial Services Commission (FSC) on cryptocurrencies, stating that they believe cryptocurrencies have "no intrinsic value."
- The FSC has expressed concerns about the volatility and risks associated with cryptocurrencies, and has warned investors to be cautious when investing in them.
- The article also mentions that the FSC is working on developing a regulatory framework for the cryptocurrency industry in South Korea, with the goal of protecting investors and preventing illegal activities.