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Tag: South Korea

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South Korea crypto sector warns AML proposal goes too far: Report
Crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Korea’s five largest exchanges to more than 5.4 million a year, Yonhap reported. Read full article
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South Korea’s Forex Law Shakeup Could Reshape Crypto Trading
South Korea passed a bill bringing crypto providers under the Foreign Exchange Transactions Act.
Crypto service providers must now register with the Finance Minister for cross-border transfers.
A new monitoring system was established to track international crypto flows for tax… Read full article
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