Based on BitcoinSistemi, South Korea's Financial Services Commission (FSC) announced stricter regulations to combat cryptocurrency-related money laundering. The new rules expand the 'Travel Rule' to include transactions under 1 million won (about $680), ban transfers to high-risk foreign exchanges, and impose stricter eligibility criteria for cryptocurrency company executives. The Financial Intelligence Unit (FIU) also plans a preventive account freezing system for serious crimes and will enhance international cooperation under FATF. Details are expected in early 2026.
South Korea Announces Stricter Crypto Regulations to Combat Money Laundering
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